Skip to main content
Tag

business attorney los angeles

Business attorney los angeles

Why So Many People Decide to Incorporate Their Business in Delaware

Posted by Posted in Entity Formation & Structure
Delaware is, by far, the most popular state for incorporating a business. In fact, Delaware is the home of more than half of all businesses currently in the Fortune 500, according to Reason.com. This routinely leads many people to ask…why? Well, the answer is multi-faceted and includes different factors such as tax benefits, legal benefits, and practical benefits. Let’s take a look at just a few of the most common reasons why business owners opt…
Read More
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…
Read More
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…
Read More
Business Attorney in Los Angeles

Dispute Resolution in Business Agreements

Posted by Posted in Contracts & Agreements
Typically, we enter into business agreements with the expectation that things will run smoothly. Whether it is a shareholders’ agreement, an employment agreement, or an agreement for supply of services. An agreement covers all the details that a handshake cannot cover. For instance, what happens when a dispute arises between the parties? How will the dispute be resolved? A well-drafted business agreement not only lays out the terms of a business deal, but it anticipates…
Read More
Business Lawyer in Los Angeles

Drafting Privacy Policies – What You Need to Know

Posted by Posted in Compliance & Securities
The use, management, and maintenance of personal information by companies has received significant attention, and even national headlines, due to multiple states enacting consumer data privacy laws. California took center stage with the passage of the California Consumer Privacy Act (“CCPA”) in 2018, followed by the California Privacy Rights Act (“CPRA”) in 2020. This is why, as a business owner operating in or around Los Angeles, you need to invest the time and resources to…
Read More

California’s New Test for Evaluating Independent Contractor Status

Earlier this year, in the Dynamex Operations West, Inc. v. Superior Court of Los Angeles decision, California’s Supreme Court unanimously announced a new test for determining a worker’s status as an independent contractor. This new test makes it more difficult for employers to establish that an independent contractor relationship is present. Previous to this decision, California courts had applied the Borello test for determining whether a worker was properly classified as an independent contractor. However,…
Read More

California’s Website Privacy Laws

Posted by Posted in Compliance & Securities
In the current age of technology and necessary online presence, most businesses need a website to survive. If your business does run a website, you must ask yourself this question: do you need a privacy policy?Unless your website is non-interactive, such as a blog, the answer will be “yes.” The California Online Privacy Protection Act applies to any person or company whose website or mobile application collects “personally identifiable information”from California consumers. It requires the…
Read More

The Difference Between Venture Capital and Private Equity

Posted by Posted in Compliance & Securities
Both private equity and venture capital are terms used to describe ways that investors acquire an interest in privately held companies as opposed to investing in public companies (like those listed on the New York Stock Exchange or Nasdaq). What follows below is a brief explanation of the difference between venture capital and private equity.No matter what type of investment you are seeking for your business or entrepreneurial endeavor, advance planning, research, and working with…
Read More

SEC Allows Crowdfunding

Posted by Posted in Compliance & Securities
Companies can now offer and sell securities through crowdfunding. The Securities and Exchange Commission (SEC) recently gave the green light under Title III of the Jobs Act. Companies interested in offering and selling securities through crowdfunding should discuss with a qualified business lawyer in Los Angeles, who can explain the new SEC rules regarding crowdfunding. What is crowdfunding? Crowdfunding is a new and growing method to fund business projects. Crowdfunding uses easily accessible outlets, such as…
Read More