What is a Force Majeure Clause? The literal translation of the term Force Majeure is “superior force” from French. When written into contracts, it addresses what should happen in the occurrence of unforeseen circumstances that… 

Alter Ego Liability in CA When a corporation is established between shareholders, there is an understanding that the corporation is viewed as a separate legal entity with its own assets and liabilities. This protects the… 

Partnership Disputes Partnerships require business owners to be involved and reliant on one another more than any other business structure. Due to this, the partnership relies heavily on the personal relationship between co-owners. This means… 

Licensing Intellectual Property As discussed in our article about intellectual property (IP), it is an important asset for a business and so it needs to be protected. If a business has an opportunity to license… 

Punitive Damages from a Breach of Contract When a contract is breached, there are many losses to the company that may not be so apparent at first. It is often incalculable the types of damages… 

Prepare for an Exit Transition The route of public offerings is becoming increasingly less common for businesses. In today’s world, a business is more likely to seek out a merger, acquisition, or asset sale as… 

Accredited Investors Under federal securities rules, accredited investors have access to a broader choice of investment opportunities. However, these options may  come with more financial and legal risks. This is because the law assumes that… 

Hidden Liabilities in Asset Purchase Agreements In the competitive tech sector, mergers and acquisitions are vital for developing a business. Unfortunately, debts and liabilities that have been hidden from the buyer may put them at… 

Basic Structure of a Partnership in California Before starting a business partnership, you will want to make sure your legal interests are well documented and accounted for. Brush up on the legal classifications of partnership…