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Business Law Attorney in Los Angeles
Oct 11 2021
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Arbitration Clauses in Employment Agreements are Not Always Enforceable

Posted by Posted in Employment & Independent Contractors
If you are a business owner in California attempting to enforce an arbitration clause in an employment dispute, then you need to take notice of two California Courts of Appeal decisions that address issues that could result in a court negating the efficacy of an arbitration provision. The first notable decision can be found in Garcia v. Haralambos Beverage Co. In this case, the Second District Court of Appeal upheld a trial court’s decision to…
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Business Attorney in Los Angeles
Aug 05 2021
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Dispute Resolution in Business Agreements

Posted by Posted in Contracts & Agreements
Typically, we enter into business agreements with the expectation that things will run smoothly. Whether it is a shareholders’ agreement, an employment agreement, or an agreement for supply of services. An agreement covers all the details that a handshake cannot cover. For instance, what happens when a dispute arises between the parties? How will the dispute be resolved? A well-drafted business agreement not only lays out the terms of a business deal, but it anticipates…
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Impact of Being Suspended by the FTB
May 24 2021
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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…
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Create an LLC with Hakim Law Group
May 10 2021
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Creating an LLC in California – Pertinent Info You Need to Know

Posted by Posted in Entity Formation & Structure
If you are looking to start a business in or around Los Angeles and want to establish a limited liability company (LLC), there are important issues and potential pitfalls you need to become aware of before making the proverbial leap and forming an LLC. What is a Limited Liability Company? An LLC is a type of business entity designed to shield business owners from personal liability from the ownership and operation of the business. When…
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Corporate Lawyers Los Angeles
Apr 25 2021
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Corporate Dissolution Explained

Posted by Posted in Corporate Governance / M&A / Exits
Small businesses are the backbone of the U.S. economy. Each year, thousands of new businesses are created with the goal of achieving sustained success. However, starting a business does not mean that entity will remain active in perpetuity. In fact, for a variety of reasons, many businesses each year are closed and have to be dissolved. If you find yourself in this situation, it is extremely important to take the necessary steps to properly dissolve…
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Business Lawyer in Los Angeles
Apr 25 2021
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Drafting Privacy Policies – What You Need to Know

Posted by Posted in Compliance & Securities
The use, management, and maintenance of personal information by companies has received significant attention, and even national headlines, due to multiple states enacting consumer data privacy laws. California took center stage with the passage of the California Consumer Privacy Act (“CCPA”) in 2018, followed by the California Privacy Rights Act (“CPRA”) in 2020. This is why, as a business owner operating in or around Los Angeles, you need to invest the time and resources to…
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Business Lawyer in Los Angeles
Mar 16 2021
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The New Paycheck Protection Program Loan

Posted by Posted in Compliance & Securities
Congress recently passed, and the President signed, the “Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act” (i.e. the Economic Aid Act) into law. The legislation includes roughly $900 billion in financial assistance to individuals, small business owners, hospitals, etc. who are struggling to make it through the Coronavirus Pandemic. A key component of the Economic Aid Act was infusing the moribund Paycheck Protection Program (PPP) with an additional $284 billion in funds. This…
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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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