Blog - Hakim Law Group

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  • Business startup lawyer

    If you are interested in creating your own startup business, it is highly likely that you will need investors to finance your new company. Unless you are fortunate enough (and bold enough) to be able to fund your venture alone, tracking down and securing investment capital for your startup will take as much of your time, if not more, than actually forming and operating your business. Knowing what investors are looking for when they compare […]

  • Tough negotiations are part and parcel when it comes to buying or selling a business. All involved parties will do whatever they can to protect their interests in the deal, and all parties are responsible for taking the necessary steps to protect themselves throughout the purchase and sale process. If you are entering negotiations to buy or sell a business and approaching the phase in which you need draft the terms for an actual letter […]

  • Employment Law

    When it comes to managing a business successfully, there is more to worry about than just customers and pricing. Business owners must also carefully align their organizations with state and federal laws. California especially has a long list of employment laws that, while designed to protect employees, often cause frustration or confusion among business owners. Complying with all California employment laws is critical in protecting your business and keeping yourself out of the courtroom. 2015 […]

  • Corporate & Securities Law in California

    Preparing for a major day in court requires a deep understanding of all current laws and statutes. In California, where laws can shift not only through the legislature but through voter-created propositions, it is extremely difficult to stay on top of current guidelines. For example, were you aware that changes have been made to California’s anti-securities fraud statute several times since it was established? The original California Securities Law passed in 1968, establishing guidelines for […]

  • Business Corporate Law

    Earlier this year, several significant amendments to the Delaware General Corporation Law (the DGCL) were approved. These amendments went into effect on August 1, 2014, as described below. In addition to certain clarifying or procedural general amendments, the main substantive amendments are: Short Form Mergers – Section 251(h) Section 251(h) of the DGCL was enacted in August 2013 to simplify and accelerate the two-step merger process.  Section 251(h) currently provides that, if certain requirements are […]

  • California Law for Labours

    A new law exposes California businesses to potential liability for claims by temporary workers. On September 28, 2014, Governor Brown signed into law AB 1897, which created California Labor Code § 2810.3. The new law requires companies who use workers provided by staffing agencies to “share with a labor contractor all civil legal responsibility and civil liability” for (1) the payment of wages and (2) the provision of workers’ compensation insurance. The effect of this new […]

  • Hakim Law Group

    From all of us at the Hakim Law Group we would like to welcome you to our new website. We encourage you to take a look around and learn a bit more about who we are and our areas of specialty. For any of our current and past clients we always welcome your testimonials. Check back as we will continuously posting articles to our blog involving cases, as well as advise on various topics.

  • Welcome to California Law

    For those of you who believe California is not the most business friendly state in the union, here is a bit of good news which you may not be aware of. Assembly Bill 571 (“AB 571”), sponsored by the Corporations Committee of the State Bar of California, became effective as of January 1, 2012. AB 571 streamlines and simplifies the legal requirements governing distributions to shareholders by a California corporation in a manner that is […]

  • Transactional attorneys

    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 […]

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