California 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 California 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