Understanding The Basics of Mergers and Acquisitions

One of the most important processes that a business can undertake is a merger and acquisition. For the companies that will be involved in the process, they can expect a win-win situation. For the business that will be merged and acquired, they can ensure the continuity of their business as a part of another company. For the acquiring company, it is the perfect opportunity to grow their company.

According to the website of Slater Pugh LLP, mergers and acquisitions are important business decisions that should be carefully considered. M & A’s are governed by different areas of law. This is important because it can affect the employees of the company. For both seller and buyer, such transactions would mean change in corporate control. Mergers and acquisitions could affect shareholders, customers, employees, and vendors.

Among the two transactions, the more common is acquisition. This involves a smaller company being bought by a larger one. Depending on the agreement, the cost of acquisition could be in the form of stocks or cash. These transactions are governed by corporate law which provides information on requirements necessary to complete the merger or acquisition. Likewise, mergers and acquisitions identify the different duties that the Board of Directors will have in the new company.

Before the merger and acquisition deal can be implemented, it would require the vote of the different shareholders. In a stock deal, shareholders need not vote because each director will decide if they want to sell their shares to the new owners. The company charter may also have a set voting requirement when the company is up for sale. In some instances, the company may also have the option to solicit proxies from shareholders.

Taxation issues also play a huge factor in mergers and acquisitions. The Internal Revenue Code of the United States discusses all of the taxation issues. Tax lawyers need to be involved in every step of the way of mergers and acquisitions.

An Overview of the SR-22 – What Is It And When Do You Need Them?

If you have committed driving and traffic violations, then perhaps you have encountered the term SR-22. But some people are confused about it. Just what is it really all about? Why do we need it? What is it for? For starters, SR-22 is not an insurance but a certificate that you will need to have your revoked or suspended license reinstated. It is also called Certificate of Financial Responsibility (CFR) issued by the Department of Motor Vehicles (DMV) as proof that you are maintaining liability coverage.

According to the website of Schuler, Halvorson, Weisser, Zoeller and Overbeck, P.A., an SR-22 is issued to individuals who committed driving violations resulting to the suspension of their license. If you were apprehended for driving without car insurance, you will be required to get SR-22. You might also need certification for the following situations:

  • DUI or DWI or other violations
  • At-fault driver while driving without insurance
  • Continuous offender or too many tickets in a short period of time
  • Revoked or suspended license

When required, you would need to carry the SR-22 for at least three years. The length would vary from one state to another and depending on the reason. It is usually issued by the state or a judge. While carrying the CFR and if you become free from any violations and incidents, you can become eligible to get a car insurance in the standard market.

Another version of the SR-22 is the FR-44. It performs a similar function as the SR-22 but will require the driver to have a higher level of insurance coverage. A driver will be required to get an FR-44 if they are not able to sustain their SR-22 requirement.

It is worth noting that you cannot file an SR-22 on your own. You need to inform your insurance provider about the SR-22 requirement. By informing your provider about the need for an SR-22, your insurance factor will change to high which could mean that your provider will not file the SR-22 for you as they do not provide coverage for high risk drivers. This means you will need to shop around for a new provider.

If you are carrying an SR-22 and plan to cancel an insurance policy, secure the certificate first before canceling. Insurance companies have the tendency to immediately inform the state about the cancellation so your SR-22 will be rescinded. If they do so, your three year requirement starts from the beginning. Most states will not count the previous years so set up the new policy with an SR-22 first.

Understanding Cerebral Palsy and Medical Negligence

Cerebral palsy results from brain damage that occurred due to lack of oxygen in the baby’s brain, usually during its development inside the uterus or during delivery. This life-long condition is considered non-degenerative, which means it doesn’t worsen as time goes by. Depending on the severity of the brain damage, a person living with cerebral palsy may experience a myriad of different symptoms, ranging from mild seizures to persistent and severe muscle contraction.

According to the United Cerebral Palsy Association, around 764,000 individuals are suffering from cerebral palsy. This staggeringly large number puts too much strain not only to the country’s healthcare system, but most especially to families whose family member have cerebral palsy. Children with cerebral palsy are oftentimes diagnosed with some level of mental retardation, and are also suffering from vision and other sensory problems, as well as learning difficulties.

Several studies are now underway to pinpoint the root cause of cerebral palsy. Many scientists suggest medical negligence could be a contributing factor for the development of this brain condition. According to the website of the Law Offices of Ronald J. Resmini, LTD., untrained staff and reckless medical professionals may contribute towards cerebral palsy risk. A medical professional could be at fault for cerebral palsy if:

  • The doctor fails to perform C-section when needed. A baby born to mother with smaller pelvic bone is at risk of oxygen deprivation in the brain. Also, a baby could be at risk of oxygen deprivation if he stays longer in the vaginal canal. Doctors should be prompt in determining when a C-section is needed to prevent cerebral palsy from developing.
  • The doctor used delivery tools wrongly. Assisted normal delivery can cause cerebral palsy if tools have been used in a wrong way. For instance, forceful use of vacuum cap or forceps might block the circulation of blood to the baby’s brain, depriving it of the oxygen it needs to prevent brain damage
  • The doctor fails to assess the baby’s risk of cerebral palsy while in utero. Infections, such as German measles, toxoplasmosis, and herpes may all contribute to cerebral palsy.

 

When Can We Talk About Accidents?

It is never easy to deal with the aftermaths of accidents – especially when they happen to you. Fatality rates are only just statistics until you can recognize a name on the list and you never expect it. You never wake up into the day and think that maybe the absolute worst has happened.

Well, sometimes – that is exactly the case. And “too soon” can only be used so many times when it happens literally every single day.

Unfortunately, that is exactly the case when it comes to accidents. The entire concept of something as being “too soon” can be another ploy in order to distract you from taking action immediately – which really should be the priority. In terms of accidents, some companies will do next to anything in order to avoid causing a scandal or a case in order to preserve their brand identity. Allowing for them to get away with it by not taking immediate action can be dangerous.

According to the website of Wausau, WI personal injury lawyers, it is often recommended to seek help immediately due to the fact that people who work in this field must be well networked and resourced with professionals who can help the victim into recovery. Medical professionals, for one thing, who can provide the most effective treatments and procedures – and this allows for the victim to relax and simply be taken care of. After all, it isn’t the fault of the victim so why should they take the brunt of the accident’s burden?

It is important to seek justice and help in times like these – especially if they are ones that require sufficient and immediate evidence in order to further strengthen your case.

The Wisconsin State Capitol

At the heart of downtown Madison, perched in between the vast waters of Lake Mendota and Lake Manona, stands Wisconsin’s majestic State Capitol building. Built there between 1906 until 1917, the Wisconsin State Capitol is an integral part of Madison’s breathtaking skyline and is the only Capitol building standing on an isthmus. The building towers up to 284 feet high and is just a few feet shorter than the Washington State Capitol building. In fact, the Wisconsin Capitol was patterned from the Nation’s Capital in Washington D.C. with a huge dome and four sprawling wings facing its surrounding streets diagonally.

The entire building has been styled to reflect the rich history and ethnic heritage of Wisconsin. From its architecture to the pieces of art and furniture adorning its interiors, the Wisconsin State Capitol is heavily influenced by Italian, French, and German aesthetics. The Senate Chamber, for example, is designed with French and Italian marble, as well as a circular skylight. It is also adorned with a mural by Kenyon Cox called “The Marriage of the Atlantic and the Pacific”.

Perhaps the centerpiece of the Wisconsin State Capitol is the towering 200-feet dome that is topped by the gilded bronze “Wisconsin” statue created by prolific American sculptor Daniel Chester French. From inside, this majestic dome serves as the building’s rotunda. Visitors shouldn’t forget to check out the mural by Edwin Blashfield called “Resources of Wisconsin” decorating the rotunda’s ceiling. Up above, the dome also has an observation deck called Lantern Balcony. From there, visitors can take in the breathtaking view of the Madison isthmus and the two near-by lakes.