In 2011, the California Legislature amended the California Corporations Code to add a value component to the statutory test governing distributions to shareholders. These changes were meant to simplify and modernize the guidelines for California corporations to follow when distributing dividends. As the best corporate attorney in Los Angeles will tell you, these changes create the potential for new risks and rewards for investors. These changes to the law, found in Sections 500-509 of the…
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As an employer, you may employ a significant number of employees to perform various jobs. These employees may range in background, age, sex, race, religions, and sexual orientation. It is important for an employer to know how to handle these differences and establish a positive work environment in order to avoid unnecessary conflict and other issues that could lead to potential litigation. In addition, an employer may need employment contracts in place to attract and…
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