Hulk Hogan’s Gawker Lawsuit Reignites Debate over Third Party Litigation Funding

Peter Thiel, founder of Paypal and Palatir recently made headlines after it was revealed that he had bankrolled Terry Bollea aka Hulk Hogan’s $140 million dollar privacy lawsuit against gossip news site, Gawker Media. This practice is known as third-party litigation funding, which means funding by an outside party of all or part of one…

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Qualified Personal Service Corporations Avoid Flat Tax

A few months ago the U.S. Tax Court ruled on a case involving the treatment of qualified personal service corporations when those corporations are part of an affiliated group. The ruling has important, and beneficial, tax implications for qualified personal service corporations in these types   What is a Qualified Personal Service Corporation? Under §448…

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