Like most school districts, the ABC Public Schools financed the district’s capital improvements by issuing bonds. This was fine at first, as each year enough property taxes were levied to service the bond debt. Eventually, circumstances changed beyond ABC’s control. Economic conditions and property values in ABC’s district declined, and the tax rates had to […]
The Great Recession took a toll on many individual investors and business owners. Declining real estate and other asset values, combined with weak business revenues, eroded wealth and financial stability, forcing the cancellation or postponement of projects no longer feasible in the current economic landscape. That is especially so for those who borrowed or guaranteed […]
Those who do business through a closely-held limited liability company (LLC) often receive their share of business profits in the form of member distributions instead of guaranteed payments or compensation.[1] They may be advised, for example, that there are tax advantages to doing so.[2] What they may not realize, however, is that paying LLC members […]
Arizona follows the “Trust Fund Doctrine.” It was first recognized here in A.R. Teeters & Assocs. v. Eastman Kodak Co., 172 Ariz. 324, 836 P.2d 1034. (App. 1992), in which the Arizona Court of Appeals explained: “The theory of the trust fund doctrine is that all of the assets of a corporation, immediately on its […]
Debtor Protection and the Arizona Homestead Exemption By Brian Spector • 06 Jul, 2020 • The Arizona homestead exemption, found in A.R.S. § 33-1101, protects up to $150,000 of equity in the debtor’s homestead, primarily against the claims of unsecured creditors, including those who obtain judgments. It does not protect against deeds of trust or […]
© 2013-2021. Schneider & Onofry, P.C., Phoenix-Yuma · Se habla español. The act of visiting or communicating with Schneider & Onofry, P.C., via this website or by email does not constitute an attorney-client relationship. Communications from non-clients via this website are not subject to client confidentiality or attorney-client privilege. Further, the articles, discussion, commentary, forms […]
© 2013-2021. Schneider & Onofry, P.C., Phoenix-Yuma · Se habla español. The act of visiting or communicating with Schneider & Onofry, P.C., via this website or by email does not constitute an attorney-client relationship. Communications from non-clients via this website are not subject to client confidentiality or attorney-client privilege. Further, the articles, discussion, commentary, forms […]
Our representation encompasses (a) the discovery process, (b) hearings before the Industrial Commission of Arizona, and (c) appeals of administrative rulings. Our attorneys have experience with issues related to: Compensability Wage calculations Temporary, partial and permanent disability Supportive medical care Policy coverage issues Catastrophic injury We have the resources to assist with identifying the appropriate […]
Any collision involving a commercial vehicle has an added layer of complexity and takes on an amplified importance because of the size of the vehicles and the extensive regulations that apply to them, which makes commercial trucking and transportation companies targets for the plaintiff’s bar. Jon Schneider, Chuck Onofry and Tim O’Connor offer extensive experience in representing […]
Schneider & Onofry has been heavily involved with real estate litigation since the firm’s founding. Over the past decade, our attorneys have represented contractors, property owners, managers, and real estate professionals in a variety of real estate-related disputes, including: Lien enforcement and foreclosure Lien priority disputes Deficiency lawsuits Title insurance disputes Commercial landlord/tenant disputes Commercial […]
Schneider & Onofry meets the legal needs of companies and individuals throughout Arizona from offices in Phoenix and Yuma.
Schneider & Onofry is structured to meet the anticipated needs of specific groups of clients, ranging from individuals and families to major corporations.
