Skip to main content
Category

Business Law

Oct 28 2025
Love0

How Los Angeles Small Businesses Are Navigating the Post-Pandemic Commercial Lease Crisis

Posted by Posted in Business Law, Real Estate & Commercial Leases
Commercial landlords are still reeling from the impact of the COVID-19 pandemic. It is fair to say the pandemic fundamentally transformed Los Angeles' commercial real estate landscape, creating an ongoing crisis that continues to challenge businesses, landlords, and policymakers alike.  Los Angeles' commercial lease crisis arose through multiple interconnected challenges. Many businesses accumulated substantial rent debt during pandemic-related closures, while others negotiated temporary rent reductions that are now expiring. The shift toward remote work significantly…
Read More
Business attorney los Angeles
Feb 25 2022
Love0

Three Mistakes to Avoid When Drafting a Business Contract

Posted by Posted in Business Law, Contracts & Agreements
Despite contracts and business agreements being a pillar of economic activity in Los Angeles and elsewhere throughout California and the rest of the country, it is fairly common for business owners and managers to make glaring mistakes when drafting, considering, or approving a business contract. The result? Serious legal and financial ramifications that could effectively ruin the business. Below are three mistakes routinely committed by business owners and managers when creating a business contract and…
Read More
Impact of Being Suspended by the FTB
May 24 2021
Love0

Impact of Being Suspended by the Franchise Tax Board in California

Posted by Posted in Business Law
If you conduct a search for a specific business on the California Secretary of State’s website, you may discover a business labeled as “FTB Suspended.” If a business has been tagged with this label, it means the California Franchise Tax Board (FTB) has decided to suspend the business. If your business winds up getting suspended by the FTB, the ramifications can be severe. For example, when your business is suspended, you are unable to legally…
Read More
Business attorney in los angeles
Jan 25 2021
Love0

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…
Read More
Apr 17 2019
Love0

Why You Need a Business Lawyer

Posted by Posted in Business Law
Today, there are more than 30 million small businesses in the United States, according to the U.S. Small Business Administration. While the first few years of a business’s life are usually the most difficult, having the fundamentals in place before launching your new endeavor is key to staying in businesses for years to come. In this issue, Afshin Hakim, a leading business attorney in Los Angeles, will discuss why leveraging the knowledge and expertise of…
Read More
Jan 20 2016
Love0

Does an Online Business Need to Register as a California Company?

Posted by Posted in Business Law, Entity Formation & Structure
Prior to launching your business, any limited liability company or corporation needs to pay California’s minimum franchise tax ($800) if using a California address as your company headquarters. A company that plans to have its base in, say, Oregon while registering to sell goods in California, may also need to pay the franchise tax fee, depending on various factors, including whether it leases space or hires employees in the state of California or if any…
Read More
Nov 12 2015
Love0

Five Key Areas Where Companies Need a Good Business Lawyer

Posted by Posted in Business Law
A greatbusiness lawyer in Los Angeles is essential for startup companies as well as more established businesses. When you can get help in different areas of the law, you can save valuable time in your business dealings. Here are five key areas where every company needs qualified representation. Commercials TransactionsThe standard clauses at the end of contracts can lead to – and often are the main source of – major disputes down the road, which…
Read More
Transactional attorneys
Jul 26 2014
Love0

Personal Guarantees – When a Few Extra Words Really Matter!

Posted by Posted in Business Law
No Comments
Transactional attorneys are especially known for bickering over words or even punctuation when negotiating agreements -- “Commercially reasonable efforts” versus “reasonable best efforts” or adding the phrase “not to be unreasonably withheld” after a provision requiring written consent of another party. Often times, there is case law in support of why one provision is more advantageous over another for the client, and other times, attorneys insist on certain language simply because they learned it from…
Read More