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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 […]
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If you are a business owner, the ability to effectively interact with and manage your employees is critically important for the long-term success of your business. This is especially true if an employee departs, or is terminated, and the relationship takes a negative turn. It is essential not to act out of emotion and instead operate with the best interests of the business in mind. Why is this so important? Taking certain actions against an […]
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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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21 Dec '19If you are looking to start a professional business with another individual (oftentimes a close friend, colleague, etc.) in California, one of the first issues that needs to be addressed is whether it makes sense to create a limited liability partnership (an “LLP”) or go with another structure like a professional corporation. If you decide to form an LLP, it can provide your partnership with an opportunity to build and maintain a strong working partnership […]
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16 Aug '19
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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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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Hakim Law Group
- Hakim Law Group, 11812 San Vicente Blvd., Suite 380, Los Angeles, CA 90049 United States
Latest Posts
- 21Jan
California Consumers and The Use of Artificial Intelligence
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- 18Dec
Venture Capitalist or Angel Investor? (The Best Choice for Your Company)
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- 16Aug
Business Formation: Determining the Right Business Entity with the Expertise of a Los Angeles Business Lawyer
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Client Testimonials
As a serial entrepreneur and CEO of companies both small and national, I cannot think of more trustworthy and competent counsel than Afshin Hakim. He is one of the best attorneys in Los Angeles.
Juve Vela, Psy.D., CEO/PresidentUnderstanding Behavior, Inc.The strategic advice Afshin provided our company in connection with closing a transaction and navigating through litigation issues was priceless and crucial towards our success. Afshin is the kind of lawyer every CEO would love to have.
Brandon KashfianAltaThera PharmaceuticalsHakim Law Group has consistently delivered high quality advice and documentation ahead of our timelines and on or under budget. They remain a key ally for us in all aspects of our corporate development.
Alexander C. LogiePersonally, Inc.