New Federal Requirement: Starting January 1, 2024, most business entities in the US will need to report Beneficial Ownership Information.
If my company is sued do the laws of the state in which my business is established govern the suit? For instance, if my business is established in Delaware and I’m sued by a former employer for “Non-Compete” do the laws in Delaware dictate the outcome of the suit?
John,
It all depends on the subject matter of the law suit. For example, law suits involving employment matters are governed by the laws of the state where the employment took place and not by the state where the company was formed. Whereas, shareholder/member lawsuits will most likely be governed by the laws of the state where the company was formed.
(a) You made a typo in the card number, CCV code, expiration date, name or address;
(b) Your card balance is too low;
(c) Issuing bank has declined this transaction for some other reason related to your account.
