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Dealing with Problematic Behavior in Business Partners

Dealing with Problematic Behavior in Business Partners As a determined entrepreneur, you’ve built your successful enterprise from the ground up. However, you can’t handle the entire workload alone, leading you to assemble a dedicated team and possibly secure a business partner. A competent business partner complements your
Posted in Business Planning

Gross Negligence in Civil Law

Business-breakup Gross Negligence in Civil Law Gross Negligence in Civil Law In every-day language, we use words like negligent to describe someone who failed to do something they should have done, which then had consequences for others. This applies very similarly
Posted in Personal Law

Should You Draft Your Own Business Contracts?

business contract Should You Draft Your Own Business Contracts? As a business attorney, you need to have an education in law and years of experience to draft contracts that effectively serve your clients. Contracts that are not prepared by competent legal counsel
Posted in Business Law

How to Create An Effective Operating Agreement

Operating Agreement How to Create An Effective Operating Agreement In a partnership, as with other types of unions, you must establish communication in order to achieve shared objectives. By drafting a detailed operating agreement before the partnership is formed, you can prevent
Posted in Business Planning

What You Should Know About Startup Laws

Startup What You Should Know About Startup Laws There are so many prospects for creative entrepreneurs in the rapidly growing startup culture. Knowing your rights and the laws around founding a startup is so important. With the proper knowledge, you will
Posted in Business Law, Corporate Law

Assignment for the Benefit of Creditors (ABC)?

ABC Assignment for the Benefit of Creditors (ABC)? The best course of action for businesses in financial trouble may involve selecting between a reorganization and liquidation. A trusted lawyer can be essential in selecting the best strategy for your company, as
Posted in Business Law, Corporate Law

What Is the Right of First Refusal?

first refusal What Is the Right of First Refusal? The right of first refusal is an essential legal safeguard that enables business owners to safeguard their financial and ownership interests. Before the stock is sold to an outside buyer or party, the
Posted in Corporate Law

Are LLC Membership Interests “Securities”?

Securities Are LLC Membership Interests “Securities”? In a recent and unexpected development in government guidelines, securities law can now apply to an ownership interest in an LLC. An ownership stake may occasionally qualify as a security covered by federal and state
Posted in Corporate Law, Law 101

Transferring Property to an LLC

Transferring Property to an LLC Transferring Property to an LLC In California, when real estate is transferred it typically results in a change in ownership, which causes the property’s taxable value to be reassessed. However, there are a few exceptions to help avoid a reassessment
Posted in Real Estate

Informal Discovery Conference

Informal Discovery Conference Informal Discovery Conference For any business owner, litigation is a hefty investment. However, working with a good lawyer can significantly reduce your legal costs and save valuable time. New rules have established informal discovery sessions that may be used to
Posted in Litigation Series
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