As a general rule, there is never a bad time to have an estate plan prepared; however, the old adage "the earlier the better" certainly rings true in the estate planning context. Many people believe that estate planning is only appropriate for the very old or the very...
In the final blog post of this week's series on business entities, we will be taking a quick look at the traditional corporate model. Corporations: Corporations are owned by the shareholders, which, in turn, elect a board of directors that are vested with the...
In Part 2 of this week's blog series discussing the differences between business entity structures, we will be examining one of the most popular forms of business entities - a limited liability company.Limited Liability Company (LLC): A limited liability company...
Deciding on a specific structure of business entity is a fundamental choice for most entrepreneurs. Some of the most common business structures are: Partnership (General Partnership and Limited Partnership) Limited Liability Companies (LLC) Corporations (C-Corp and...
Courts have long acknowledged that misclassifying an employee as an independent contractor can be a costly slip-up for a business. In making this employee/independent contractor classification, the California Supreme Court has noted that employers may consider (i)...
Effective January 1, 2015, California will impose apply joint liability on labor contractors and their business clients who fail to pay adequate wages or fail to provide workers' compensation coverage (AB 1897). This new law will be codified as Section 2810.3 of the...
After the lengthy estate planning process has finally been completed, clients are often ready to move on to greener pastures; however, this can prove to be a costly mistake. One of the most important post-formalization steps is placing the original estate planning...
The terms Right of First Refusal (ROFR) and Right of First Offer (ROFO) are often thrown around in real estate and corporate negotiations. Whether you are negotiating rights relating to stock/membership options, commercial lease expansions, or property purchases, the...
When starting a business, there are many common mistakes made by entrepreneurs. By recognizing these mistakes early, or by preventing them altogether, the business will have a better chance of long-term success. Below are five tips that entrepreneurs should consider...
Unions engaging in the federally protected right to picket can cause difficulties for commercial real estate property owners, driving away potential customers and impacting sales. The Ninth Circuit has just handed owners a powerful tool to create and maintain...