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Business Lawyers in Los Angeles

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

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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Best Contract attorney los angeles

Anticipatory Breach of Contract

Posted by Posted in Contracts & Agreements
In California, anticipatory breach of contract occurs when a party involved in a bilateral contractual agreement decides to repudiate the terms of the contract. A repudiation in an anticipatory breach of contract can be either express or implied. An express repudiation is a clear, unequivocal refusal to perform the terms of the agreement. In contrast, an implied repudiation stems from conduct where the promisor puts it out of their power to perform so as to…
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Business contract attorney in Los Angeles

Breach of Contract vs. Breach of Warranty

Posted by Posted in Contracts & Agreements
A breach of warranty is when a seller fails to uphold a stipulation related to the contract as promised or stated; it is really a subset of breach of contract. Typically, these claims arise when a product or service fails to meet expectations. In the event of a breach of warrant, the customer’s options to remedy the situation depend on the actual warranty and state law, but usually are limited to customer returning the product…
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