Protect from Business Litigation with Prevention
You put a lot of hard work into running your business and know the difficulties of managing a company in Los Angeles. You also know that business litigation will bring you extra stress, problems, and cost. But did you know that the best way to handle lawsuits is to prevent them from happening in the first place?
Here are some of the most typical disputes that become Los Angeles business...
We have previously written about doing business in California, and how the California Corporations Code uses a “transacting intrastate business” test. Importantly, if a corporation or other entity is deemed to be doing business in California under the “transacting intrastate business” test, that entity must obtain a “Certificate of Qualification” under Corporations Code § 2105. This post will look at what will and will not constitute “transacting intrastate business.”
Transacting Intrastate Business
Transacting intrastate business means that...
As a business law firm, we often deal with partnership disputes. We have shared information on our blog on how to protect against partnership disputes, as well as tips for solving them such disputes. Unfortunately, not all disputes can be prevented or solved. In these circumstances, partnerships often dissolve. When that is the case, , and a partition action may be necessary to distribute partnership assets.
In a partition action, known as a partition of partnership property, a court...
A power of attorney is a legal document that grants a person the legal authority to sign documents and enter into transactions on someone else’s behalf. If you give a trusted professional, friend, or family member power of attorney, their signature on your behalf is legally effective to the same extent as if you had signed.
There are several reasons why you may give someone power of attorney, such as anticipation of your own incapacity...
The legal conflicts that businesses most often face are contract disputes, financial disputes, and employer-employee issues. If your business is facing such a conflict, it will be encouraging for you to know that most of these disputes can and are resolved without going to court. Alternative dispute resolution ("ADR") can save your business a lot of time and money if you utilize it as a means to resolving your legal issues. There are many...