Blog Archives

Accredited Investors

Accredited Investors 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 accredited investors have sufficient information
Posted in Corporate Law

Basic Structure of a Partnership in California

Basic Structure of a Partnership in California 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 in California here. General Partnership
Posted in Corporate Law

Partnerships or LLCs?

Partnerships or LLCs? Partnerships or LLCs? It’s important to understand what sort of corporate structure would best protect you and your investors when creating a new company. Your business may be exposed to unnecessary legal and tax responsibility if you choose the improper
Posted in Corporate Law

Investor Term Sheets

Investor Term Sheets Investor Term Sheets Term sheets provide an overview of a proposed investment. In order to simplify matters, term sheets are usually simple. However, a term sheet can include provisions that have implications. In order to make sure you are protecting
Posted in Corporate Law

Furlough Definition

Furlough Definition Furlough Definition When it comes to private businesses and non-union workforces in California, the furlough definition is unique. In these instances, furlough is a temporary layoff or a required unpaid leave due to lack of work. A furlough means that
Posted in Corporate Law

Tips on Protecting Trade Secrets

Tips on Protecting Trade Secrets Tips on Protecting Trade Secrets In order to qualify for protection under the Uniform Trade Secrets Act in California, trade secrets must be the subject of reasonable measures to maintain secrecy. To avoid confusion on whether your company’s information qualifies
Posted in Corporate Law

Lawsuit Prevention in California

Lawsuit Prevention in California Lawsuit Prevention in California When it comes to filing lawsuits, the end of the year calendar is when it’s most busy. Because of the continuous COVID-19 pandemic, devastating impact has made its way to many sectors of the economy. As
Posted in Corporate Law

Dissociated Partner May Remain Liable

Dissociated Partner May Remain Liable 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 Section 16703 states that a
Posted in Corporate Law

Corporations Must Have a Location

Corporations Must Have a Location 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 corporation or a foreign corporation
Posted in Corporate Law

Time off Work to Vote

Time off Work to Vote Time off Work to Vote Everyone has the right to vote. In California, voter’s rights are protected by the California Elections Code § 14000. According to § 14000, employees can take reasonable time off to vote without any consequences such
Posted in Corporate Law