A debtor, faced with a creditor’s lawsuit or judgment, will sometimes transfer property to a spouse, affiliated business or other third-party, and then claim “poverty” to avoid paying the debt. Wisconsin’s Fraudulent Transfer Act provides remedies for such defrauded creditors. Those remedies, however, don’t last forever. Wisconsin law bars a fraudulent transfer action that is.
All articles within Business
In today’s global market, virtually all businesses import goods in one form or another, primarily from China. Whether it be the component parts incorporated into final products or the equipment used to create those products, the goods that companies are importing from China are cutting deeper into their pocketbooks at a significantly higher rate under.
Your employee, Billy, frequently leaves his work station during business hours to go outside for fresh air. Billy does this even though he knows that, under company policy, an employee who is absent from his/her desk (other than for work purposes, designated breaks and lunch) may be terminated. When you confront Billy regarding his absences,.
Wisconsin’s landlord-tenant laws continue to evolve, with a new batch of changes now effective this year. Below are a few of the more significant changes. Emotional Support Animals An “emotional support animal” provides emotional support, well-being, comfort, or companionship for an individual, but is not trained to help an individual with a disability. Under the.
Last year’s tax reform significantly modified individual and business tax rates. Major changes for individuals (set to expire December 31, 2025) include a reduction in rates, the roughly doubling of the standard deduction, and the removal of personal exemptions. On the business side, the corporate rate fell (with no expiration date) from 35 percent to.