Dissolution Of An LLC In order to dissolve a Limited Liability Company (LLC) in California, one must be knowledgeable of California Corporations Code Section 17707.01. The code helps us gain knowledge and foresight regarding the…
Limited Liability Partnership A limited liability partnership is formed when a licensed professional wants to form a business surrounding their professional services. Professionals that form a limited liability partnership (LLPs) benefit from legal protections and…
S Corporations An S corporation, also known as an S subchapter, is a type of legal business entity that falls under specific Internal Revenue Code requirements. S Corporations can pass income, deducations, credits and losses…
What is a Public Company? When starting a business, one must be aware of what form it will be. Whatever legal entity a business takes will be its guiding force until its end: it will…
Business Disparagement Laws In the commercial world, business owners will often threaten to sue opposing parties for business disparagement. Disparagement of business is defined as false and ill-natured statements intentionally made against a business in…
Fundamentals of Sale Contract of Business Selling a business, as with any other business transaction, involves a series of steps that must be addressed. While considering these steps, one must also consider the risk for…
Limited Partnerships Limited partnerships are a form of entity in California that offers limited partners limited liability to the extent of their investments. A limited partnership has a few downsides that should be considered. This…
Liquidated Damages Damages incurred because of a breach of contract are defined as liquidated damages. In order to avoid liquidated damages, parties must determine what is viable in advance. In California, if liquidated damages do…
Private Placement Securities Private placement securities are non-public offerings sold to a selected number of chosen investors. In most cases, these selected investors include institutional / accredited investors and friends and family. Private placement securities…
