For almost a quarter of a century, BoltNagi PC has been known as a completely reliable source of legal advice for its clients, an exemplary corporate citizen by the business community and civic leaders, and an employer which offers a fulfilling, enjoyable, and supportive environment by those who work at the firm.
One of the largest firms in the United States Virgin Islands, BoltNagi PC provides legal services that can be an important investment in your future and a significant contributor to your success. BoltNagi PC is a full service business law firm which strives to achieve long-standing partnerships with its clients and offer strategic business solutions.
A law to establish a system allowing citizens to electronically access legal documents was approved Monday by the Senate Committee on Government Operations and Consumer Protection.
The bill is based on a uniform law adopted in 2011 by the National Conference of Commissioners of Uniform Laws.
Monday’s hearing drew nothing but support for the legislation…
A limited liability company (LLC) is a business structure designed to protect the personal assets and interests of the individual members of the company, while avoiding the double taxation that many corporations often incur. LLC’s offer protection from personal lawsuits while preventing double taxation on corporate and personal revenue.
LLC’s are unique to the United…
A push for legal protection under the Constitution for the U.S. Virgin Islands recently won support from a national organization representing lawyers. Members of the Virgin Islands Bar Association petitioned the American Bar Association, asking for their support in a matter involving the Fourth Amendment right to legal search and seizure.
The American Bar Association…
After a court enters a judgment in a civil case, it is up to the prevailing party (sometimes called a “judgment creditor”) to execute that judgment. This requires a writ of execution, which is a form of legal process issued by a court that directs the court marshal to seize (or “attach”) the assets of…
One of the scariest nightmares business owners have is experiencing a data breach at their company. Whether a small business or a multinational corporation, no one wants their customers to think their information can’t be trusted with your business.
A data breach is the release of secure or private information to an untrusted environment. Data…
As a business owner and employer, it is crucial that you understand all the wage and hour regulations that are required in the USVI as they are significantly different than the federal overtime requirements exist so you do not infringe on your employees’ rights. One of the issues to familiarize yourself with is when you…
On January 18, 2019, the United States Internal Revenue Service issued final regulations meant to address the confusion regarding whether a rental business is a “trade or business” under Internal Revenue Code Section 199A. The proposed revenue procedure provides a safe harbor election allowing rental business to be treated as a “trade or business” solely…
As long as businesses continue to rely on the internet and digital technology for data storage and communication, there is going to be some risk of those systems being compromised and sensitive data being compromised. These technologies certainly aren’t going anywhere, so the onus is on business owners to do everything in their power to…
When engaged in a real estate transaction, it is important for both the buyer and the seller to understand that the transaction is not final until closing. There are many events that need to occur between an accepted offer and the closing, which can give rise to numerous opportunities for the transaction to fall through.…
A new lawsuit filed by six residents of the Virgin Islands and Guam is challenging laws that prohibit territorial residents from voting for president and a Congressional representative with voting powers, according to a news release from the nonprofit civil rights group Equally American.
Plaintiffs in the Virgin Islands include Ravi Nagi and Laura Castillo…
