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Should you destroy files that might be used in a pending lawsuit against the company?
Wiki User
∙ 13y ago
YEs
Wiki User
∙ 13y ago
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Can a member of a deceased be held liable for a pending lawsuit against the deceased?
It depends on what the lawsuit is about but most likely no.
The president of Avan told the accountants not to include in the annual report any information about a pending lawsuit.?
The president of a company told the accountants not to include in the annual report any information about a pending lawsuit.
Where do you list pending law suits in financial statement?
A pending lawsuit would not affect the financial statements. However, if the company is paying extra for lawyer fees and other expenses related to the lawsuit, then these expenses would be recorded in expenses. The lawsuit would only affect the financial statements if a settlement is made and the company has to pay, another expense.
Are there any pending lawsuits against Gap Inc?
If there are any lawsuit pending againts any prior owner of cars that people owed on there cars with GAP insure
Can you sell a company with a lawsuit against it.?
There is no legal prohibition to it, but who would want to buy a lawsuit. In such cases, arrangements can be made whereby some part of the proceeds of sale remain in escrow pending the outcome of the litigation. Money that would have gone to the seller of the company now goes to the winner of the lawsuit and any remaining money goes to the former owner. That works only if the amount of the damages is known. If it seeks unliquidated damages in an unspecific amount, it will be difficult to sell. The damages could exceed the value of the company.
Where can i get a lawsuit loan?
A lawsuit loan is considered a cash advance on a pending or settled lawsuit.Plaintiffs have a number of reasons why they seek a lawsuit loan, primarily because their finances are falling short due to the length and long process of a lawsuit. Lawsuit loans are not considered loans because they are non-recourse based lending. This means if a case is lost, there is no need to repay the lawsuit funding company.
Can bank funds be frozen in Florida while a lawsuit is pending?
YES!!!!
How do you get lawsuit funding?
Depending on the circumstances of your lawsuit and the type of lawsuit, there are various options that you may qualify for. Most litigation funding companies offer non-recourse lawsuit loans for a pending or settled lawsuit. A non-recourse lawsuit advance is a loan that only needs to be repaid if you win or settle your lawsuit otherwise nothing is owed to the funding company. To qualify for lawsuit loans no credit or employment is required, so long as you have a lawsuit. Obtaining a lawsuit loan for your lawsuit is as simple as picking up the phone and applying.
Is it legal to record a post foreclosure lis pendens by the foreclosed party. What if there is no pending lawsuit?
Since the purpose of a lis pendens is to alert future purchasers and/or mortgagees of a property about a lawsuit affecting the property, it cannot be filed in cases where there is no lawsuit. A lis pendens recorded with no reference to a pending lawsuit has no legal impact on the property and can be ignored.
What does it mean when the county records assignment to a property under lis pendens?
A lis pendens means that there is a lawsuit pending against the owners of the property, and that the outcome of that lawsuit may affect title to the property. Anyone who buys a property subject to a lis pendens risks losing all or part of the property, depending on the outcome of the lawsuit.
Is a new owner responsible for a pending lawsuit that was incurred by the previous owners?
Not enough information: owner of what? Lawsuit about what?For example: If you're the new owner of a building that has violated some ordinance, then yes, you will probably be responsible. If it's a personal claim against the previous owner of property for some accident liability, then no, you are not responsible for what happened before. On the other hand, there may be a lien on the property because of the lawsuit filed, or you could have purchased an entire business with all of its assets AND LIABILITIES in gross, and good luck with that.
Is there a Law suit pending against fsc cig?
Note: So far, the only "answers" have been statements that express a fervent wish for there to be a suit. The question is only asking if there is currently a lawsuit.
