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Business attorney in Los Angeles
Mar 16 2021
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Major Employment Laws Going into Effect in 2021

Posted by Posted in Employment & Independent Contractors
A number of employment-related bills were signed into law by the Governor of California that are likely to require significant modifications to current protocols and practices to ensure compliance. This means business owners and their HR teams will need to invest time and energy into understanding the new rules and regulations. Here is an overview of some of the major employment laws that are going into effect in 2021. Expanded Leave Under the California Family…
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Best Corporate Attorney Los Angeles
Feb 16 2021
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Should You Divide Your Umbrella LLC Into Multiple LLCs?

Posted by Posted in Entity Formation & Structure
When someone is managing multiple businesses under one “umbrella” limited liability company, a question that commonly arises is when, if ever, is the appropriate time to divide those businesses into multiple LLCs? Let’s take a look at the common benefits, and potential pitfalls, associated with splitting a multi-business LLC into multiple LLCs. Benefits One of the biggest benefits associated with dividing an LLC used as an umbrella to multiple businesses is that it helps further…
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Best Business Attorney Los Angeles
Feb 16 2021
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Understanding Alter Ego Liability

Posted by Posted in Risk & Asset Protection
As a general rule, shareholders of a corporation are shielded from liability for the debts incurred by the corporate entity. This protection from liability exists because a corporation is treated as a separate, independent, legal entity from its shareholders capable of accruing assets and incurring liabilities. Basically, when you incorporate a business in California or any other jurisdiction, a “corporate veil” will drape over the business that protects you and any other shareholders from being…
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Business attorney in los angeles
Jan 25 2021
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Impact of the New COVID-19 Relief Legislation on Small Businesses

Posted by Posted in Business Law
Congress passed a massive $900 billion bill focused on providing support to individuals and small business owners. The legislation (which was passed overwhelmingly in both chambers of Congress) includes more than $300 billion in financial assistance for small business owners. Here is an overview of the key provisions within the legislation that are likely to impact business owners in and around Los Angeles. Tax Deductibility of Business Expenses Paid Through PPP Loans The legislation ensures…
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Business Lawyers in Los Angeles
Jan 10 2021
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Should You Structure Your Business as a Protective Series LLC?

Posted by Posted in Entity Formation & Structure
If you are starting a business, one of the first issues that needs to be addressed is what type of business entity you want to form. There are partnerships, limited partnerships, C-corporations, S-corporations, and the limited liability companies (LLC). Out of these options, the LLC is one of the most popular and prevalent structures used by millions of people throughout the United States. The popularity of LLCs is generally due to the inherent flexibility as…
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Business Law Attorney Los Angeles
Dec 19 2020
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Now is the Time to Prepare for the California Privacy Rights Act

Posted by Posted in Compliance & Securities
If you are a business owner in California, protecting your customer’s personal information and sensitive data is no longer optional – it is legally required. This is due to the passage of the California Privacy Rights Act (the “CPRA”), a ballot initiative that passed by public vote on November 3, 2020. The CPRA is a groundbreaking law that sets California apart from virtually every other state in the country when it comes to consumer privacy…
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Business attorney in Los Angeles
Dec 11 2020
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Should Non-Compete Agreements be Utilized for Certain Employees?

Posted by Posted in Employment & Independent Contractors
If you are attempting to grow your team by recruiting a new employee, particularly a high-level executive, you may be wondering if a non-compete agreement is necessary, or worth considering. Generally, non-compete agreements are used to expressly prohibit an employee from working with a direct competitor during, or immediately after, their employment with your company. These types of agreements can be beneficial if you are in an extremely competitive sector and have concerns about an…
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Business Attorney in Los Angeles
Nov 24 2020
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New Privacy Law May Be on the Horizon in California

Posted by Posted in Compliance & Securities
Privacy law has been a hot topic in California. It was not too long ago that the California Legislature passed the California Consumer Privacy Act (the “CCPA”). In fact, it was so recent that the CCPA officially went into effect at the beginning of 2020, with the enforcement period commencing as of July 1, 2020. Despite the recent passage of the CCPA, the California Legislature is seriously discussing the passage of another privacy law by…
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Business Lawyer in Los Angeles
Nov 10 2020
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The Importance of Maintaining Quality Corporate Meeting Minutes

Posted by Posted in Corporate Governance / M&A / Exits
When you run a business, it is important to understand that there are an array of rules, regulations, and corporate formalities that must be followed. When those formalities are neglected, it can lead to significant legal problems down the road. For example, if you neglect to keep minutes of corporate board meetings, this oversight can lead to potentially costly and contentious litigation. Why is There a Requirement to Maintain  Minutes? A for-profit corporation operating in…
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