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30 08, 2016

Purchasing a Business with Seller Financing

By | 2016-12-14T11:11:26+00:00 August 30th, 2016|Business Contracts, Business Formation|Comments Off on Purchasing a Business with Seller Financing

It is often the case that a purchaser of a business does not have the resources for a full cash sale and will request that the seller finance some of the purchase price. This can be advantageous for both parties, but requires that the parties consider a number of issues, as we highlight in this [...]

6 04, 2016

Common Contract Clauses

By | 2016-12-14T11:30:42+00:00 April 6th, 2016|Business Contracts, Labor & Employment Law|Comments Off on Common Contract Clauses

Common Contract Clauses Our business law clients often wonder why their contracts include some version of the following contract provisions. These clauses may seem unnecessary to a business owner or layperson. However, each of these common contract provisions does serve an important purpose in protecting a client’s interests, as described by our business lawyers below: Merger [...]

1 04, 2016

California Minimum Wage 2016

By | 2016-12-14T12:03:13+00:00 April 1st, 2016|Business Contracts, Business Law, employment discrimination, Labor & Employment Law, wage and hour law|Comments Off on California Minimum Wage 2016

Economic Justice or Economic Devastation: What Does the Proposed Minimum Wage Hike to $15 an Hour Mean to Your Business? Most California business owners are aware that the minimum hourly wage rose to $10 per hour for all industries on January 1, 2016.[1] However, many of the same business owners are only beginning to recognize [...]

14 03, 2016

Letter of Intent to Purchase Business

By | 2016-12-14T12:38:20+00:00 March 14th, 2016|Business Contracts, Business Formation, Business Law, Commercial Law|Comments Off on Letter of Intent to Purchase Business

Using a Letter of Intent When Purchasing a Business What is a Letter of Intent? In its final form, a letter of intent typically sets forth the primary terms agreed upon between a buyer and seller in anticipation of a sale of a business or a large asset purchase. The parties may wish to make [...]

28 02, 2016

Protecting Trade Secrets Using Employment Agreements

By | 2016-12-14T12:58:00+00:00 February 28th, 2016|Business Contracts, Business Law, Business Litigation, Commercial Law, Contract law, Labor & Employment Law|Comments Off on Protecting Trade Secrets Using Employment Agreements

Introduction Most California business owners know that a provision in an employment contract which purports to prevent a former employee from competing with the employer’s business is unenforceable in California. Under California law, there is a strong and clear policy favoring the free and unfettered rights of workers to find work where they can, using [...]

11 02, 2016

Contract Disputes and Personal Jurisdiction

By | 2016-12-14T12:44:18+00:00 February 11th, 2016|Business Contracts, Business Law, Business Litigation, Commercial Law, Contract law|Comments Off on Contract Disputes and Personal Jurisdiction

Introduction With the prevalence of the internet and all of our information and communication technologies, it is increasingly common for individuals and businesses to enter into contractual relations across state lines.  People buy and sell all manner of goods and services on-line, taking advantage of greatly expanded choice and markets.  But there are risks and [...]

2 02, 2016

Avoiding Ownership Disputes

By | 2016-12-14T13:02:02+00:00 February 2nd, 2016|Business Contracts, Business Formation, Business Law, Business Litigation, Corporate Compliance|Comments Off on Avoiding Ownership Disputes

Introduction Our San Diego business lawyers have previously written about corporate governance and compliance issues and the many benefits to business owners of addressing their company’s corporate compliance needs. [1] In this article, we focus on another reason to engage in best practices when it comes to corporate governance—Avoiding Ownership Disputes. Many clients contact our [...]

22 01, 2016

Breach of Fiduciary Duty

By | 2016-01-22T09:37:42+00:00 January 22nd, 2016|Business Contracts, Business Law, Business Litigation, Commercial Law|Comments Off on Breach of Fiduciary Duty

Introduction: When People You Have a Right to Trust Cheat You Ours is a world of contractual relationships, written and oral.  We hire people to help us, and we hire people to act on our behalf.  We hire real estate agents and brokers to buy and sell our homes or other real estate.  We hire [...]

8 12, 2015

Filing a Lawsuit to Secure a Prompt & Enforceable Settlement

By | 2015-12-08T09:56:34+00:00 December 8th, 2015|Business Contracts, Business Law, Business Litigation, Commercial Law, Contract law|Comments Off on Filing a Lawsuit to Secure a Prompt & Enforceable Settlement

Ways Filing a Lawsuit Can Help Secure a Prompt and Enforceable Settlement While it’s true that litigation can be an extremely expensive means of dispute resolution, and that prompt, voluntary settlements are almost always preferable to extended litigation, it is also true, paradoxically, that filing a lawsuit can be the best way to settle a dispute [...]

1 12, 2015

Bulk Sales Law for California Asset Sales

By | 2015-12-01T15:16:00+00:00 December 1st, 2015|Business Contracts, Business Law, Commercial Law, Contract law|Comments Off on Bulk Sales Law for California Asset Sales

Introduction While many states have repealed their bulk sales laws, California’s Bulk Sales Law remains in full force and effect. The primary stated purpose of this law is to protect buyers and creditors following the purchase of more than half of a business’s assets. If a buyer makes a bulk sale purchase but does not adhere [...]