South Carolina Asset Protection News

Lucasfilm Ltd. Selects HP Technology to Create Digital Entertainment Assets

HP StorageWorks at Lucasfilm

Lucasfilm selected the latest HP StorageWorks offerings for its business applications. With a 35-terabyte capacity, the HP StorageWorks XP12000 Disk Array and Cisco MDS 9509 is the industry's most powerful, high-end disk storage system delivering "zero downtime" for mission-critical environments.

The system incorporates HP software innovations for single-system management, remote copying and cross-continental disaster recovery. The HP StorageWorks XP12000 Disk Array offers Lucasfilm the most advanced solution available to ensure business continuity and asset protection.

Contact a South Carolina Asset Protection lawyer today and get a free consultation!

	Did You Know?
	LLC envelope offers substantial advantages over other entities LLC envelope offers substantial advantages over other entities, there are at least five common circumstances when a tax regime other than an S corporation may be more appropriate: 1) the business cannot qualify as an S corporation; 2) the one-class-of-stock limitation for S corporations cannot accommodate certain business terms agreed to by the parties; 3) the business involves appreciating assets (i.e., assets that have, or are likely to have, a fair market value in excess of basis), such as real estate; 4) the business has considerable debt and the owners anticipate significant losses; and 5) the wage-reduction tax strategy explained previously will not benefit the owners because either the primary income of the business is excluded from self-employment tax or, in the case of newly formed companies, one or more employee-owners already receive aggregate wages or self-employment income from an existing business in an amount which approaches the taxable wage base limitation