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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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Business Attorney in Los Angeles
Aug 10 2020
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How to Effectively Utilize Social Media to Recruit without Exposing Your Business to Civil Liability

Posted by Posted in Employment & Independent Contractors
Social media is no longer relegated to leisure and selfies. Employers have integrated social media to assist in recruiting and hiring top talent.  For example, it is now the “norm” to post and publicize job listings on social media platforms to recruit prospective applicants.In addition, many employers use social media to help investigate and evaluate candidates by reviewing their profiles, interests, public statements, posted photographs, and other information, assessing whether the candidate is a right…
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Business Lawyer in Los Angeles
Jun 15 2020
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Significant Changes to the Paycheck Protection Program

Posted by Posted in Compliance & Securities
The Paycheck Protection Program Flexibility Act of 2020 was passed by Congress and signed into law by the President recently. The PPPFA was passed in order to address a number of significant issues related to its progenitor, the Paycheck Protection Program. The original PPP program was a pillar of the landmark $2.2 trillion CARES Act aimed at helping small business owners and average Americans financially during the Coronavirus pandemic. The PPPFA modifies the PPP program…
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business lawyer in Los Angeles
Feb 27 2020
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Resolving Business Disputes Outside of the Courtroom

Posted by Posted in Risk & Asset Protection
One of the biggest fears many business owners have is the threat of costly and length litigation. Why? Even when a business prevails in a lawsuit, the financial impact of litigating the case could be enough to force the business to close or reduce dramatically in size and scope.  The concerns related to cost and time are big reasons why a large percentage of business owners strongly prefer resolving legal disputes through alternative forums and…
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Sep 14 2019
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Contractual Mistakes That Businesses Should Avoid

Posted by Posted in Contracts & Agreements
Contracts are essential in the business world.  Enforceable contractual agreements will hold companies or individuals legally accountable for promises to perform certain actions or payment obligations.  At the same time, mistakes can be made in preparing and executing contractual agreements.  This can result in the contract, or portions thereof, being held unenforceable, or it could lead to your business being required to do something against your intentions. Invalid Contract A contract can be deemed unenforceable…
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Aug 16 2019
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The Dangers of Piercing the Corporate Veil

Posted by Posted in Risk & Asset Protection
Many business owners choose to incorporate their business to avoid personal liability for the debts and liabilities of the business. When done properly, the business is a separate and distinct entity from its owners. However, if the owners are not careful with certain corporate formalities and fail to adequately capitalize the company, a third party may be able to “pierce the corporate veil,” which would shatter the protection of the corporate structure. To the extent…
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Arbitration Clause
Jul 07 2015
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Should You Have an Arbitration Clause in Your Agreement?

Posted by Posted in Contracts & Agreements
Many types of contracts have an arbitration clause, but should you include one in yours? Arbitration is a type of dispute resolution that happens outside of the courtroom when two parties come to a crossroad over a contract dispute. The ruling of an arbitrator can have the same weight as the ruling of a judge. Arbitration can be either voluntary or mandatory, which comes with advantages and disadvantages. Hence, it is of utmost importance that…
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