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business attorney los angeles

Pros and Cons of Doing a Series LLC in Delaware (1) - Hakim Law GroupPros and Cons of Doing a Series LLC in Delaware (1) - Hakim Law Group
Sep 24 2024
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Pros and Cons of Doing a Series LLC in Delaware

Posted by Posted in Entity Formation & Structure
If you are considering establishing a limited liability company (LLC) in Delaware, but are looking for enhanced legal protections, it may be worthwhile to consider doing a Series LLC in Delaware.  A Series LLC is a unique structure that allows for the creation of multiple “series” within one LLC, each with its own assets, liabilities, and operations.  Under Delaware law, an LLC is allowed to be composed of an individual series of membership interests.  In…
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AI Regulations Under Consideration in California - Hakim Law Group
Aug 29 2024
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AI Regulations Under Consideration in California

Posted by Posted in Compliance & Securities
California lawmakers recently voted to advance legislation that would require artificial intelligence companies to test their systems and add safety measures to prevent them from being potentially manipulated to wipe out the state’s electric grid or help build chemical weapons — scenarios that experts say could be possible in the future as technology evolves at warp speed, according to the Associated Press. The bill, SB 1047, specifically requires developers of large AI models to conduct…
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Negotiating a License Agreement
Aug 06 2024
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Negotiating A License Agreement

Posted by Posted in Contracts & Agreements
License agreements are necessary for the parties on each side of the transaction. Licensors, the inventors of software, creators of design, or benefactors of brand recognition, can monetize their intellectual property. Licensees can use the authorship or invention of others without being accused of infringement. A license agreement transfers the right to use and transforms infringement into a permitted act. At the Hakim Law Group, our team of intellectual property attorneys is here to guide…
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Jul 16 2024
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Strategies for Asset Protection

Posted by Posted in Risk & Asset Protection
Developing an asset protection plan in California presents creative opportunities and interesting challenges. A relevant strategy must be in place for licensed professionals in high-risk occupations.  Principal residences, real estate investments, liquid assets, and retirement accounts must be shielded from potential claims. The business attorneys in Los Angeles at The Hakim Law Group specializing in asset protection want those in high-risk professions to understand why a strategic protection plan is necessary. In California, licensed professionals,…
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Business Lawyers in Los Angeles
Dec 18 2023
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Venture Capitalist or Angel Investor? (The Best Choice for Your Company)

Posted by Posted in Startup & Emerging Companies
Most entrepreneurs do not have adequate personal funds for their company and are forced to seek seed capital or other finance options to capitalize their startup – and traditional loans are typically not a viable solution. For entrepreneurs forced to look for equity financing, there are many private sources and incubator programs in Southern California. The business law professionals at The Hakim Law Group in Los Angeles want to explain the differences between angel investors…
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Business lawyers in los angeles
Aug 16 2023
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Business Formation: Determining the Right Business Entity with the Expertise of a Los Angeles Business Lawyer

Posted by Posted in Entity Formation & Structure
The choice of business entity is one of the most crucial steps when an entrepreneur decides to turn an innovative idea into a reality. Selecting the proper entity can have a significant impact on the business's legal structure, overall operations, taxation, and liability, especially for the founders. An experienced business lawyer in Los Angeles understands the many types of business entities to help an entrepreneur make an informed decision. Sole Proprietorships A sole proprietorship is…
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Business Lawyer in Los Angeles
May 13 2022
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Should you Form an LLC in the Current Economic Climate?

Posted by Posted in Entity Formation & Structure
With the current competitive economic climate, it is pertinent that all businesses are operating under the best legal structure for their purposes. Forming a limited liability company may be the best idea for your business. After all, a limited liability company, or LLC, is a specific business entity that blends the best parts of both partnership and corporate structures. There are actually several reasons to select an LLC as your business’s structure. However, it should…
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Business Attorney in Los Angeles
May 06 2022
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Launching A Business in California – What You Need to Know

Posted by Posted in Entity Formation & Structure
There are many stringent and complicated requirements to opening a business in California. Unfortunately, many of these prerequisites include completing and filing multiple legal documents that you may not always be familiar with. Hence, it is always best to confer with a professional before taking action. Depending on your business’s legal structure, you may need to file “Articles of Incorporation”for a corporation, “Articles of Organization” for a limited liability company, or a “Certificate of Limited…
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Business attorney los Angeles
Feb 14 2022
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California Legislature Debating the Passage of Yet Another Major Privacy Law

Posted by Posted in Compliance & Securities
The California legislature is continuing its focus on amending, enacting, and overhauling various privacy laws. This effort began with the passage of the California Consumer Privacy Act followed shortly thereafter by the passage of the California Privacy Rights Act. Both laws have significantly expanded the administrative obligations for many California employers who receive and/or access consumer data and personally identifying information. The newest effort is to overhaul the laws that are designed to protect children,…
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