Business Law

“Self-dealing” happens when someone in a position of trust uses their role to benefit themselves instead of the business. This often involves company directors, officers or partners. These individuals have fiduciary duties, meaning they must act in the best interest...

When a business contract is broken, it can lead to serious financial and legal consequences. In California, the law offers several remedies to help the non-breaching party recover losses or enforce the terms of the agreement. Below are the most common remedies for...

You hope that you and your business partner will be able to run the company amicably, but you also know that disputes are possible. Some of these disputes may be so significant that you have to go your separate ways and close down the business. Others may be...

When drafting a partnership agreement before starting a business, one critical detail to include is each partner’s ownership percentage. While some assume the split will be 50/50, relying on assumptions or informal agreements – such as a handshake deal – can lead to...

If you’re looking for a business partner, your natural inclination may be to find someone that you’re comfortable with. This will probably be someone who is similar to you, and they may have similar skills and abilities. But as much as this feels natural, it is often...

Limited Liability Companies (LLCs) are generally lauded for their ability to combine the ease of use of a sole proprietorship or general partnership with the benefits of a corporation.  But can you create an LLC if you’re just a one-person show, without a partner or...

Some people say that contracts are the lifeblood of a business, and that saying has become a cliche for a reason. Contracts are crucial for companies' financial and legal protection. The agreements a business enters into can make or break the company, and putting the...

You’ve probably heard the adage, “two are better than one.” This is incredibly true when you are in business with the right partner. With the right partner by your side, you can grow your brand, make profits and realize your entrepreneurship dreams.  But a successful...

Entering into a business partnership with like-minded parties can be a very exciting yet complicated process. This is especially true when a business has multiple facets or there is more than one partner. Complex realities underscore the importance of drafting and...

You’ve entered into a business partnership with a long-time friend. Recently, however, you’ve noticed an unusual dip in sales. Could your partner be up to something sinister? Trust is the cornerstone of any successful business partnership. Unfortunately, theft is not...