Dear Clients, Colleagues, and Friends,
With the start of any new year, brings a time for reflection. This past year, JLG has seen many noteworthy achievements for our firm and attorneys. We prevailed in all of our litigation matters including divorce trials, a defamation case on behalf of plaintiff, and a labor and employment case on behalf of the plaintiff employee. We reached settlement on behalf of class members in two wage and hour class action cases. We helped one of our tax clients settle over 1.4 million dollars with the IRS. We have helped a number of families navigate through the probate process during the most difficult times. Our newest attorney Ryan has brought great energy and excitement to our bankruptcy and litigation practices. JLG is now embarking on its 9th year in helping families and businesses with their legal matters. We recognize and appreciate the trust our clients have given us and will continue to strive to meet and exceed your expectations. On behalf of the JLG family, we wish you and your family a healthy and prosperous 2017!
JLG Resolves Wage-and-Hour Class Action for Gas Station Employees
Last month, JLG settled, in principle, a class action on behalf of gas station employees for various alleged Labor Code claims. Defendant denies any wrongdoing. In the upcoming months, a judge will review
the settlement and its terms to ensure that it is fair, adequate, and reasonable to all of the class members.
On November 14, 2016, JLG filed a class action suit against the online hotel booking company Agoda and its parent company, Priceline.
Did you know that a premarital agreement, commonly referred to as a “prenup” cannot eliminate child support payments, assert custody of unborn children, or have any provisions that promote divorce?
However, prenups can be a powerful tool in protecting a spouse’s business interests and protect against large sums of debt acquired by a spouse during marriage. If you are considering executing a prenup, it is best to start as early as possible on the prenup with plenty of time before the wedding, have independent counsel for you and your fiancé, fully disclose all assets, liabilities, and income you have to your fiancé, and keep a record of all negotiations and drafts of the prenup to limit any later arguments about the enforceability of the prenup.
New IRS Audit Rules for Partnerships
New audit rules take effect for taxable years on or after January 1, 2018 relating to IRS income tax audits of partnerships. The new rules generally apply to partnerships of 11 or more partners and partnerships should evaluate their operating agreements to address these new rules.
One significant change is that the audit adjustment is realized at the partnership level rather than the partner level, which is a significant deviation from the old rule. This change could have significant tax consequences because it appears that partners could not use their net operating losses to offset income adjustments.
JLG Prevails on Employment Claim on Behalf of Client
Recently, JLG prevailed on a hard-fought employment claim on behalf of a former employee. The attorneys at JLG devoted much time and effort navigating through the complex issues as the case progressed.
JLG attributes the victory on this employment claim to the incredible talent and top-notch work of its team of attorneys.
JLG is proud to sponsor Robert Hall & Associate’s 2017 Real Estate Investor Summit. We encourage anyone interested in real estate investing to attend.
This event features educational seminars, investor panel discussions, and networking opportunities.
Expect to meet brokers, realtors, top investors, as well as those just starting to invest.
The Real Estate Investor Summit will be held on February 1, 2017 at the Embassy Suites, Glendale. Doors open at 9 a.m. and the event will end at 5 p.m.