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re: Supreme Court rules in favor of Religious companies not covering contraception

Posted on 6/30/14 at 2:25 pm to
Posted by DCRebel
An office somewhere
Member since Aug 2009
17644 posts
Posted on 6/30/14 at 2:25 pm to
quote:

I assume only privately owned companies are covered. I see the precedent set pretty clearly.



Privately and CLOSELY owned, which isn't that many companies.

Closely owned in this sense is where 50% or more of the company's equity is owned by five or fewer people (I'm too lazy to look it up, but I do believe that is the definition cited by SCOTUS), as in the case of Hobby Lobby which is owned mostly by one family.
Posted by Duke
Twin Lakes, CO
Member since Jan 2008
35675 posts
Posted on 6/30/14 at 2:26 pm to
quote:

Privately and CLOSELY owned, which isn't that many companies.


More like a slit than just narrow.
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