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Business Contract Lawyer in Los Angeles
May 10 2020
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Coronavirus Pandemic and Anticipatory Breach of Contract

Posted by Posted in Contracts & Agreements
The Coronavirus pandemic has created chaos and uncertainty for businesses in Los Angeles and across the globe. Many business owners are trying to navigate their way through these challenging circumstances while other business owners have made the difficult decision to close their businesses. The ramifications of this pandemic are far-reaching, including putting many business owners into the unfortunate position of deciding whether to breach a contract or be on the other side of a breached…
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The New Employee Retention Payroll Tax Credit
Apr 27 2020
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The New Employee Retention Payroll Tax Credit

Posted by Posted in Risk & Asset Protection
The landmark $2.2 trillion CARES Act passed by Congress was designed to try and help support U.S. businesses and workers during the Coronavirus pandemic. The massive legislation includes an array of financial incentives and loan programs for business owners, including people who own startup businesses. One of these provisions is the Employee Retention Payroll Tax Credit.  This credit is designed to help businesses, including startups, retain employees, even in the face of steep declines in…
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business lawyer in Los Angeles
Apr 12 2020
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Does Your Startup Qualify for a Loan Through the New Paycheck Protection Program?

Posted by Posted in Compliance & Securities
If your startup is struggling in the midst of the COVID-19 pandemic, you are not alone. Many startups and small businesses have been hit hard due to the deadly Coronavirus. In an effort to help support businesses, employees, and your average American, Congress passed the  Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”). If you own a startup in or around Los Angeles and are concerned during this difficult period, you may be…
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Payroll protection program
Apr 02 2020
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Payroll Protection Program Loan Forgiveness Limitations

Posted by Posted in Compliance & Securities
On March 27, 2020, the Corona Virus Relief and Economic Security Act (“CARES Act”) became effective.  Included within the CARES Act is the Paycheck Protection Program (“PPP”), which authorizes the Small Business Administration (“SBA”) to guarantee loans to certain eligible small businesses.  One of the unique features of the PPP loans is that, unlike traditional SBA loans, the lender may request to have the principal amount of the loan forgiven.  There are limitations on the…
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business lawyer in Los Angeles
Mar 25 2020
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The Potential Penalties Employers May Face in a Retaliation Claim

Posted by Posted in Employment & Independent Contractors
If you are a business owner, the ability to effectively interact with and manage your employees is critically important for the long-term success of your business. This is especially true if an employee departs, or is terminated, and the relationship takes a negative turn. It is essential not to act out of emotion and instead operate with the best interests of the business in mind. Why is this so important? Taking certain actions against an…
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business lawyer in Los Angeles
Feb 27 2020
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Resolving Business Disputes Outside of the Courtroom

Posted by Posted in Risk & Asset Protection
One of the biggest fears many business owners have is the threat of costly and length litigation. Why? Even when a business prevails in a lawsuit, the financial impact of litigating the case could be enough to force the business to close or reduce dramatically in size and scope.  The concerns related to cost and time are big reasons why a large percentage of business owners strongly prefer resolving legal disputes through alternative forums and…
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business attorney in Los Angeles
Jan 12 2020
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Insurance Coverage Helps Minimize Financial Risks

Posted by Posted in Risk & Asset Protection
If you own a business in Los Angeles or elsewhere in California, there are numerous legal issues you need to proactively address to ensure your business is not exposed to financial turmoil if an unexpected event or lawsuit arises. There are multiple forms of insurance coverage you could purchase for your business to protect certain aspects of your daily operations. Here are some examples of the types of insurance policies that could benefit your business:…
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Business lawyer in Los Angeles
Dec 21 2019
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Considering a Limited Liability Partnership?

Posted by Posted in Entity Formation & Structure
If you are looking to start a professional business with another individual (oftentimes a close friend, colleague, etc.) in California, one of the first issues that needs to be addressed is whether it makes sense to create a limited liability partnership  (an “LLP”) or go with another structure like a professional corporation.  If you decide to form an LLP, it can provide your partnership with an opportunity to build and maintain a strong working partnership…
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Business lawyer in Los Angeles
Dec 12 2019
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How to Effectively Reduce Liability Exposure of Your Business

Posted by Posted in Risk & Asset Protection
Many people are surprised to learn how common it is for a business to close, not because of bad management, client service, or a bad product, but rather, because of litigation.  While you cannot preclude a third party from suing your business – even if the lawsuit is frivolous – there are specific actions you can take to protect you and your business from significant civil liability.  Here are specific tips on how to protect…
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