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 [...]
When two parties are in a dispute, it is typically wise for them to consider alternative dispute resolution (ADR) prior to or pending litigation. Mediation is a form of ADR in which a neutral third party—usually a trained mediation attorney or retired judge—meets with the disagreeing parties to assist in reaching a settlement. In business, [...]
San Diego business lawyers at Gehres Law Group, P.C. can provide assistance with understanding your obligations under any contracts you have entered into. If you fail to comply with the terms of a legally valid contract your company has signed, you could face a lawsuit for breach of contract. This could potentially result in the [...]
Introduction Many business owners and individuals incorrectly believe they can charge any amount of interest to which the parties agree. However, unlike many contract terms, rates of interest charged by non-exempt lenders is limited in California to ten percent (10%) per year, even if the borrower is otherwise willing to pay a higher rate (or [...]
Did you know that failing to address your company’s corporate and legal compliance issues can lead to costly and avoidable consequences such as: -Legal claims by employees, shareholders, vendors or customers -Personal liability of owners/managers for company obligations -The potential for a dissolution of your company -Limited access to new capital or loans -A negative [...]
