Authored by Sara Mostafa The following article regards certain significant new California employment laws that will take effect January 1, 2023, or January 1, 2024, as indicated. We advise you to review the contours of these laws carefully and alter your policies accordingly. We are available to assist you with updating your policies and employee […]
California Employment Law Updates for 2023 Read More »
When a legal issue arises, there are a few options the disputing parties have to reach a solution. Two potential methods are litigation and alternative dispute resolution (ADR). Each method has pros and cons, and the best option depends on your specific circumstances and resources. Identifying the correct route for your ideal outcome requires a
Why Is Litigation Better Than Alternative Dispute Resolution? Read More »
Authored by Mark Lobb Business Owner ConsiderationsDuring Volatile Economic Times On October 17, 2022, Bloomberg’s statistical projections showed a 100% probability of a recession within the next 12 months. The US economy continues to reel from decades-high inflation, Federal Reserve interest rate hikes, and growing geopolitical tensions. At the same time, many states continue to
Asset Protection in 2023 Read More »
Authored by Mark Lobb The Corporate Transparency Act (“CTA”) provides for the establishment of a beneficial ownership registry within the U.S. Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”). It requires non-exempt domestic and foreign companies to disclose information regarding their beneficial owners. The CTA’s legislative objectives are to foster greater corporate ownership transparency and to
New Federal Reporting Requirements For Privately-Owned Companies Read More »
When someone starts a business, the process usually begins with a passion, a niche to be filled, or an innovative invention. Rarely do entrepreneurs focus on legal topics like litigation when they sit down to draft a business plan. The simple reality is that litigation can be a significant part of day-to-day activities for large,
What Is the Role of Litigation in Business? Read More »
Authored by Mark Lobb As we approach the last quarter of 2022, there are many new laws which businesses owners should be aware of to avoid possible lawsuits or fines. Below are ten pending bills or laws for consideration: Pay Data Reporting: On September 27, 2022, Governor Newsom signed into law Senate Bill 1162. This
Business Law Updates September 2022 Read More »
Authored by Michael J. DeSantis In a recent ruling by the California Court of Appeal, the Court further complicated disputes between employees and employers when it ruled that an employee who settles individual claims against their employer for alleged Labor Code violations is not subsequently barred by claim preclusion from bringing a Private Attorney General Act (“PAGA”) enforcement action
Authored by Mark Lobb Pre-ESOP Planning Estate and Asset Planning Considerations There has been a recent increase in the number of business owners opting to use employee stock ownership plans (ESOP or ESOPs) as a succession tool. The National Center for Employee Ownership (NCEO) estimates that as of 2022 there are roughly 6,500 ESOPs covering
Should an ESOP Be Part of Your Succession Plan Read More »
As a business, the transactions you make can be complicated and involve a variety of legal matters. This is because you are often dealing with large amounts of money and important pieces of information that need to be handled with care. Any business or company owner must understand the different aspects that go into legal
What Is a Transaction in Law? Read More »
Though business law and corporate law are similar and may overlap in certain circumstances, there are distinct differences between the two. However, most corporate lawyers will manage business law, too. Some aspects overlap to such a degree that they are interchangeable. Here are what each handles: Corporate lawyers manage: Corporate assets International contracts Business incorporation
Are Business Lawyers and Corporate Lawyers the Same? Read More »
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