Residents of Baton Rouge who are contemplating a divorce may be uneasy about the anticipated stress, anxiety and anger that are the frequent but unwelcome components of the process. One of the most effective methods of eliminating these reactions from a divorce is the use of a trained mediator to assist in sorting through their issues. Many people view mediation as a surrender of their power to present their case to a judge, but, in reality, the mediation process enhances the power of each party to assert and protect their interests.
ITEP debate raises questions for Baton Rouge businesses
ITEP. Many residents of Baton Rouge have never seen this acronym, and many who have do not know what it means. ITEP means Industrial Tax Exemption Program, but even the words behind the acronym do not add much clarity. ITEP is a series of programs intended to stimulate business development by giving businesses tax breaks for locating in a municipality. In 2016, Gov. John Bel Edwards revised the ITEP program over the loud protests of various business leaders. New regulations for the program were published in 2018, and many communities announced they were going to grant larger tax breaks than the reductions available under ITEP. Many state business leaders thought that the controversy had subsided, but two recent actions of the East Baton Rouge Parish School Board have reignited the dispute.
Enforcing an order for support in another state
People in Baton Rouge who have endured the emotional upheaval of the divorce process often assume that the entry of the court order terminating the marriage will also terminate the stress of the divorce. Even if life becomes calmer for all parties, unforeseeable events can play a role in causing significant post-divorce anxiety. One of the most common events is the relocation of one ex-spouse to another state. Such a move can result in tardy or non-existent support payments, regardless of which spouse moves. The Louisiana Legislature has enacted a law intended to limit the anxiety of such events.
What is a limited liability company in Louisiana?
Louisiana businesses have a variety of organizational forms that can be used, depending on the purpose of the business and its capital structure. Partnerships and corporations were once the principal forms used by most businesses, while certain real estate projects used limited partnerships. The major purpose of all of these entities was to attract capital and limit the risk of investments. Each form was useful, but each also had drawbacks. The corporate form proved too cumbersome, and partnerships could not be organized to limit investor liability. In 1992, the Louisiana legislature followed the lead of other states and passed a statute that allowed formation of limited liability companies.
