What Is Fiduciary Duty? When acting as a part of a business, either as a corporate officer, partner, or member of an LLC, you have a fiduciary duty to act in the best interest of the business. If you fail… 
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What Is Fiduciary Duty? When acting as a part of a business, either as a corporate officer, partner, or member of an LLC, you have a fiduciary duty to act in the best interest of the business. If you fail… 
Letter of Intent for Mergers and Acquisitions When coming into a merger or acquisition of a company, each party should ensure that they have an equal understanding and should do so before getting into negotiations. Mergers and acquisitions expend both… 
Drafting a Partnership Agreement Partnerships are a common and sensible business decision, even if many well-known firms are corporations or limited liability organizations. To this point, several of the most prominent tech companies, such as Apple, Microsoft, and Google, began… 
Avoid Business Litigation by Retaining an Attorney There are many reasons for a business owner to choose not to hire a lawyer. They may not be able to afford it or think it’s not worth the money. Some believe that… 
Fraudulent Conveyance A fraudulent Conveyance would be more accurately called avoidable transfer, as it is a transfer by a party (the debtor) of interest in property in order to prevent a creditor from claiming the transferred interest in order to… 
Should You Take Your Contract Dispute to Court? Entering into a contractual agreement with a business associate binds both of you to the terms that you’ve agreed upon. There are times when the other party will fall short of their… 
Enforcing Oral Contracts Contracts affirm all kinds of business transactions. In their written form, contracts should be drafted and reviewed carefully before being finalized. Some business agreements, however, are based upon verbal interactions and sealed with a handshake. While these… 
What is a Strong Arm Clause in Bankruptcy Code? The Strong Arm Clause, known formally as Section 544 of the Bankruptcy Code, gives the rights of a secured creditor to the bankruptcy trustee. This clause is in place to enable… 
Managing Overtime in CA Any employer must become familiar with the employee rights and your obligations as a business owner within your state. These guidelines are essential to protecting the rights of your employees and are strongly enforced. Violation of… 
What is Undue Influence? When a contract is signed, there is always the possibility that one party will fail to fulfill the contract’s requirements. In this scenario, the injured party may file a lawsuit in an attempt to enforce the… 