Skip to main content
Tag

Business Attorney in Los Angeles

Best Business Attorney Los Angeles
Feb 16 2021
Love0

Understanding Alter Ego Liability

Posted by Posted in Risk & Asset Protection
As a general rule, shareholders of a corporation are shielded from liability for the debts incurred by the corporate entity. This protection from liability exists because a corporation is treated as a separate, independent, legal entity from its shareholders capable of accruing assets and incurring liabilities. Basically, when you incorporate a business in California or any other jurisdiction, a “corporate veil” will drape over the business that protects you and any other shareholders from being…
Read More
Business attorney in los angeles
Jan 25 2021
Love0

Impact of the New COVID-19 Relief Legislation on Small Businesses

Posted by Posted in Business Law
Congress passed a massive $900 billion bill focused on providing support to individuals and small business owners. The legislation (which was passed overwhelmingly in both chambers of Congress) includes more than $300 billion in financial assistance for small business owners. Here is an overview of the key provisions within the legislation that are likely to impact business owners in and around Los Angeles. Tax Deductibility of Business Expenses Paid Through PPP Loans The legislation ensures…
Read More
Business Lawyers in Los Angeles
Jan 10 2021
Love0

Should You Structure Your Business as a Protective Series LLC?

Posted by Posted in Entity Formation & Structure
If you are starting a business, one of the first issues that needs to be addressed is what type of business entity you want to form. There are partnerships, limited partnerships, C-corporations, S-corporations, and the limited liability companies (LLC). Out of these options, the LLC is one of the most popular and prevalent structures used by millions of people throughout the United States. The popularity of LLCs is generally due to the inherent flexibility as…
Read More
Business Law Attorney Los Angeles
Dec 19 2020
Love0

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…
Read More
Business attorney in Los Angeles
Dec 11 2020
Love0

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…
Read More
Business Attorney in Los Angeles
Nov 24 2020
Love0

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…
Read More
Business Attorney in Los Angeles
Oct 25 2020
Love0

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…
Read More
Corporate Lawyer Los Angeles
Oct 15 2020
Love0

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.…
Read More
Contract Lawyer in Los Angeles
Sep 09 2020
Love0

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…
Read More