LSSLC Simplifying Successful Complex Cases for Over 20 Years

  News From LSSLC

On Memorial Day,

LSSLC salutes and remembers... our soldiers still fighting 

 Full Article    Save Article    Email LSSLC  

Other similar incidents or OSIs can be invaluable, paying off several times more than the investment cost for securing them. LSSLC, LLC has developed a process for finding hard to get OSIs in automotive and other product liability cases. We currently have developed databases for various products.  


Presentation of OSIs at trial or mediation has helped settle the following cases:

1998 Ford Crown Victoria, sudden acceleration, electromagnetic defect in the vehicle's cruise control system (Next Generation Speed Control System) caused vehicle to accelerate without driver input. Settled at mediation. Numerous OSIs found.

Rollover/ Roof Crush, 2002 Ford Expedition, Trial ended in hung jury, settlement before new trial, UN93 (1997-2002) and U222 (2003-2007) Ford Expedition OSIs found. Undisclosed amount. 

Rollover/ Roof Crush,  1996 Isuzu Rodeo, multiple OSIs found and presented. Settled before trial, Undisclosed amount.  

Seat belt, lap only, GM Malibu, rear mid seat, frontal impact, settled at mediation, undisclosed amount, Multiple OSIs presented.

Click "Full Article" for more. 

 Full Article    Save Article    Email LSSLC  

  Timely Opportunities

The profit mentality at your company can make or break your business. Take a cue from GE's recent decision to sell or spin off its 100-year-old appliance division. GE's history illustrates a culture of constant change -- selling and buying various businesses with the ever-present goal of boosting profitability. Here are some tips on how to develop an attitude that can help your company maintain high-margin sales and solid profits.
Copyright © 2008

 Full Article   Save Article    Email LSSLC    Get Dashboard

  Business Tax - US

When away from home on business, a taxpayer can deduct 50 percent of business-related meals and all incidental expenses, such as tips. But how long must you stay away to qualify for deductions? According to the IRS, you must be gone for "a period substantially longer than an ordinary day's work and you need to get sleep or rest to meet the demands of your work while away." However, one Tax Court case stretched the limits of this "sleep or rest" rule. Here are the details.
Copyright © 2008

 Full Article    Save Article  Email LSSLC    Get Dashboard

  Internet/New Media

Laws governing the use of the Internet are a work in progress, subject to a seemingly continuous flow of challenges. The Control the Assault of Non-Solicited Pornography Act (better know as CAN-SPAM) regulates bulk commercial e-mails. Assuming a company follows those rules, does that mean it has a right to advertise to any recipient? Click "Full Article" to find out how the 5th U.S. Circuit Court of Appeals answered that question in one case.
Copyright © 2008

 Full Article    Save Article    Email LSSLC    Get Dashboard

  Elder Law

Taxpayers taking IRA distributions can roll the money over tax free into another IRA — but the transaction must be completed within 60 days to avoid a tax bill. However, there is some relief for those who can't complete the rollover on time due to extenuating circumstances. In recent years, the IRS has granted waivers to taxpayers for hardships such as illness, the death of a spouse, bad advice from a financial institution and severe weather. Click "Full Article" to learn more about applying for a waiver.
Copyright © 2008

 Full Article    Save Article    Email LSSLC    Get Dashboard

  Latest Business Headlines

Bernanke says Fed must review stand on rates
channelnewsasia.com - Tue, 7 Oct 2008 18:48:37 GMT

Record-High 82% Say Now Is a Bad Time to Find a Job
gallup.com - Tue, 7 Oct 2008 18:36:04 GMT

Overview: Gloom persists in spite of fresh move by Fed
ft.com - Tue, 7 Oct 2008 18:35:04 GMT

Fed makes another Star Trek move
stltoday.com - Tue, 7 Oct 2008 18:33:50 GMT

Bernanke: Economic outlook weaker
cnn.com - Tue, 7 Oct 2008 18:33:46 GMT

  Your Saved Articles

  No saved articles.

  Disclaimer of Liability

LSSLC, LLC provides the information in this newsletter for general guidance only, and does not constitute the provision of legal advice or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. 

The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.