Dissociated Partner May Remain Liable According to Cal. Corp. Code § 16603(1), when a general partner dissociates, they lose their right to participate in any conduct or management of the partnership business. Subdivision (a) of…
Corporations Must Have a Location If you are a registered corporation in the state of California, you must have an address. Without a “there” you cannot be considered a corporation. If you are a California…
CA laws to protect gift cards Every gift card comes with a long list of rules in the fine print. But do you ever wonder if there are laws regarding gift cards? Well, there are!…
Defective product liability California has a well-developed body of law designed to deal with defective products. But what exactly defines a product as defective? A “product” can be anything from bottled water/food all the way…
Hostile Work Environments In order to have a legitimate hostile work environment case, you must prove three things: An employee was subjected to unwanted conduct The conduct was based on sex The harassment was “severe…
Annual Report to Secretary of State An annual Report of information must be filed by each and every California LLC and Corporation to the California Secretary of State. An annual LLC statement includes: The business…
Why is Insider Trading Illegal? The US Securities and Exchange Commission (the SEC) defines an “Insider” of a company as any officer, director, or employee with significant knowledge that is confidential. So when an Insider…
Administrative Dissolution of Corporations in California Beginning in 2019, California corporations may be administratively dissolved by the Franchise Tax Board (“FTB”) if the FTB has suspended the corporation’s corporate powers for 60 consecutive months. Before…
Writ of Attachment in California Writ of attachment is a prejudgment process. A court orders a seizure (the attachment) of property that is described in the writ. Once the property is seized, it is held…
