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Breached Business Agreement | Hakim law group

Breached Business Agreement

Posted by Posted in Contracts & Agreements
A business breach could occur in many ways, depending on the specific terms of your agreement. Nevertheless, if your business partner failed to adhere to the terms of the agreement, you may need to escalate the matter and take legal action, especially if the breach wound up damaging the company. Assessing Your Options Addressing issues with a business partner is not always easy.When a breach of contract has occurred, it is in your best interest…
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Business Law Attorney in Los Angeles

Arbitration Clauses in Employment Agreements are Not Always Enforceable

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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Shareholder Distribution by California Corporations: Important Restrictions and Standards You Need to Know

In 2011, the California Legislature amended the California Corporations Code to add a value component to the statutory test governing distributions to shareholders. These changes were meant to simplify and modernize the guidelines for California corporations to follow when distributing dividends. As the best corporate attorney in Los Angeles will tell you, these changes create the potential for new risks and rewards for investors. These changes to the law, found in Sections 500-509 of the…
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