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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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Business Attorney in Los Angeles
Oct 25 2020
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New Definitions Aimed at Promoting Capital Formation and Investment

Posted by Posted in Compliance & Securities
The U.S. Securities and Exchange Commission (the “SEC”) effectively redefined what it means to be an “accredited investor” and “qualified institutional buyer” after it adopted amendments in Rule 501(a) under Regulation D and Rule 144A of the Securities Act of 1933, as amended (the “Securities Act”). The SEC issued a statement indicating that it adopted these amendments as part of a larger effort to simplify, harmonize, and improve the exempt offering framework under the Securities…
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Corporate Lawyer Los Angeles
Oct 15 2020
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Important Questions That Need to Be Answered When Forming an LLC

Posted by Posted in Entity Formation & Structure
Starting a new business venture is an exhilarating experience, but is also rife with potential risks and pitfalls. Hence, it is so important to conduct a level of due diligence to ensure the business is worth your time and effort. There are a variety of services available online that assist entrepreneurs in creating a business. However, simply filing the paperwork to starta business is just the first step in a fairly lengthy and arduous process.…
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Business lawyer in Los Angeles
Sep 18 2020
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The Difference between Stock Options and Stock Warrants

Posted by Posted in Corporate Governance / M&A / Exits
If you started a business, or recently joined a startup, there is a strong likelihood that a portion of your overall compensation package (or the compensation package offered to new hires) will include stock options and/or stock warrants. It is important to understand the key differences between these stock instruments to ensure comprehension of what will follow when a stock option or stock warrant is offered to a new employee, or as an investor on…
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Contract Lawyer in Los Angeles
Sep 09 2020
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Sole Proprietorships and Other Individual Business Ventures

Posted by Posted in Entity Formation & Structure
If you are the owner of a sole proprietorship, single-member LLC, or other individual business venture, it is important to document your transactions, even if they only involve you (the business owner) or other related parties. Let’s say, for example, there is corporation with two shareholders that needs more equity to grow the business.Both shareholders agree to extend a loan to the company and with the expectation of getting reimbursed within five years. Even though…
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Business Attorney in Los Angeles
Aug 21 2020
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Business Succession Planning

Posted by Posted in Corporate Governance / M&A / Exits
Harvard Business Review reported that close to 70 percent of family-owned businesses fail or get sold to a third party before a second generation owner gets a chance to take the proverbial reigns. And only around 10 percent of family-owned businesses remain active, privately held companies for a third-generation-owner to lead, according to HBR.org. If you own a small business, you may be asking yourself, “what steps can I take to protect my business and…
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