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When choosing a business structure, it is important to consider how it can impact personal assets. As the owner of an LLC, you are a member and if your company has to pay legal fees or settlements, you do not have to open up your personal bank account. LLCs are their...
As you started your journey to owning a business, you may have needed to form a partnership. Unfortunately, nearly 70 percent of partnerships eventually fail. If you find yourself in that situation, California law has established steps for you to follow. 1. Review the...
During a business dispute, you can choose to go to court or to solve the dispute through other means. Alternate dispute resolution allows you to skip the trial and judge entirely. According to the California courts, alternate dispute resolution provides a less formal...
Having an easement may not be the most welcome news for your property, but it may be necessary so that another property owner can access landlocked property just beyond your land. With the easement established, you might wonder who has the responsibility of keeping up...
Nowadays, most businesses store vital information on their computer system. Generally, the use of networks and cloud-based technologies benefits companies. It allows the business to operate more efficiently. However, if your company stores private client and employee...
Contract disputes arise for many different reasons, but all of them have the capacity to take valuable time and money away from your California business’s operations. While you have options in terms of how to handle a contract dispute when it does arise, it often...
Perhaps you are a business owner considering a claim of breach of contract against another entity that failed to deliver on an agreement. Or maybe your company is facing a breach of contract claim. No matter which side of a breach of contract dispute you fall on,...
Sometimes a business just does not work out and you find it necessary to close up shop. However, you believe you can correct the mistakes that led to the failure of your earlier enterprise through a new business. If you create a successor company, be aware of possible...
An unexpected disruption of income streams could lead to commercial property owners facing legal actions. You may, however, have options to avoid a lender’s foreclosure litigation. If you experience cash flow problems from reduced rental income or sales revenue, you...
Construction agreements may include terms outlining when developers may anticipate a legal action over completion delays. As reported by LevelSet.com, an agreement’s language may determine whether a delay stems from reasonable and excusable circumstances. A delay...