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Escrow and Paymaster Frequently Asked Questions

Published on: September 21, 2020 | By Hart David Carson LLP

High-risk transactions often require the use of paymaster and escrow services. People often have questions about escrow and related services, the most common of which will be addressed here.

Who Pays Escrow Fees?

When it comes to escrow fees, there is no set rule or law that dictates who should pay them. As such, it ultimately comes down to the terms of the purchase contract. Often, escrow fees are split evenly between the buyer and the seller, but there may be instances where one party may be able to negotiate for having the other party pay them in full.

How Much Are Fireworks-Related Injuries Worth?

Published on: July 6, 2020 | By Hart David Carson LLP

Every year, nearly 13,000 people are injured by fireworks. Most of those fireworks are legal, though injuries may result from the negligent actions of another person. In those cases, there may be grounds for a personal injury lawsuit.

Calculating the Worth of Firework-Related Injuries

Personal injury lawsuits resulting from fireworks include various types of damages. As such, if you’ve been injured by negligent use of fireworks, or if the fireworks used were defective, you may be entitled to the following:

Octavio Duran Receives Milton H. Gray Award (YSL) – Outstanding Project Leadership

Published on: June 7, 2018 | By Hart David Carson LLP

Hart David Carson partner Octavio Duran (first from the left) received the Milton H. Gray Award from the Chicago Bar Association’s Young Lawyer Section (YLS). The award recognizes outstanding project leadership by a member throughout the bar year.

Duran received the award for organizing multiple social events with record attendance and for spearheading Walk a Mile in Her Shoes, an event that raises awareness for violence against women. He serves as the Second Vice Chair of the YLS.

Duran is a Partner in HDC’s Personal Injury group. He focuses his practice on representing individuals and families in all areas of personal injury including automobile collisions, construction negligence, wrongful death, medical malpractice, and premises liability.

Cryptocurrency & the IRS

Published on: March 6, 2018 | By Hart David Carson LLP

Cryptocurrency and the IRS

As Bitcoin, Ethereum, Zcash, and other forms of virtual currencies become more and more prevalent, many people have begun facing the tax implications of their trading, buying, and selling activities on the blockchain. Numerous individuals have accumulated a great deal of wealth thanks to this new technology, and the IRS has taken notice.

As the technology and the usage thereof develop, so too will the codes and rules set forth by the IRS over how this type of income should be reported and taxed. When it comes to planning for the tax implications of buying and selling cryptocurrencies, making an ICO, or engaging in other business transactions involving blockchain technology, you need an attorney who is both experienced in tax law as well as up-to-date on the latest developments.

HOUSE HUNTING TIPS – WHAT TO DO AND WHAT TO AVOID

Published on: June 16, 2017 | By Hart David Carson LLP

Suffering an injury on the job can impact your quality of life as well as limit your ability to work. The purpose of workers’ compensation law in Illinois is to make sure you are properly cared for in the event of a workplace injury, but it can take a while to settle your claim. In some cases, you’ll receive benefits (such as disability or work differential) within a few days, but in others, you might end up waiting much longer.

If you are wondering when your claim will go through, you should be aware that there are some factors that could make it take longer than you might expect.

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