A cause of action for fraud can arise when a party misrepresents material facts, makes false promises, or otherwise deceives another party with the intention of depriving them of their money, property, and/or rights as discussed in this article.
Many of our California based clients have heard that having a living trust can benefit them, but often don’t understand why it is beneficial to have a living trust. Below are some of the more common ways a living trust can aid in achieving your estate planning objectives. 1. Avoid probate. Avoiding probate is a [...]
PROTECTING PERSONAL ASSETS AGAINST LIABILITY FOR BUSINESS DEBTS IN CALIFORNIA GalleryAsset Protection, Business Formation, Business Law, Business Litigation, Civil Litigation, Commercial Law, Commercial Ligitation, Corporate Compliance, Corporate Law, Financial, Uncategorized
Although no business owner ever wants to consider the likelihood of being sued for unpaid business debts, breach of contract, or damages caused by their employees, business activities, or the like, these events do happen. What’s more, if businesses do not plan properly, owners may become personally liable for the debts of the business. This [...]
Pitfalls to Avoid for Small Businesses, Non-profits and Start-ups in California GalleryAsset Protection, Business Contracts, Business Formation, Business Law, Commercial Law, Contract law, Contracts, Corporate Compliance, Corporate Law, LLCs
Many small business owners and non-profits are unaware that their organization may not have the legal right to enter into contracts, prosecute a lawsuit, or defend against a lawsuit if their business does not maintain a qualified status with the California Secretary of State’s office (SOS) or the Franchise Tax Board (FTB). Contracts entered into [...]
If you are purchasing an existing business or even the assets of a business in California, it is important to consider to what extent your business will have exposure to successor liability following the purchase. California successor liability laws are significantly broader than those in some states, so being informed and taking steps to mitigate [...]