Law Advocate Group, LLP 
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… 
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… 
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… 
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… 
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… 
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… 
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… 
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… 
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 address off the LLC Names… 
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 the corporation can be administratively… 
