Businesses in California are overwhelmed with employee lawsuits, excessive regulatory constraints, and taxation. The tax concern hits at every level-income tax, sales tax, property tax, fuel tax, personal property tax, and a host of others. The income tax burden hits not just the business but personally as well. Due to unfunded public employee pensions and […]
Business migration: analysis and perspective Read More »
Nevada once again displays why it is one of the top asset protection jurisdictions. In a recent case, the Nevada Supreme Court soundly protected communications between an attorney and client. Specifically, the Court has addressed and firmly protected communications between trustees and attorneys. The protection of communications between lawyers and clients has been unquestionably sacred
Nevada asset protection: Nevada protects the attorney-client privilege Read More »
When you’ve made your business your life’s work, it can be hard to envision a time when you may no longer be involved in running your company. However, both foreseen and unforeseen events can quickly turn a business upside down. Establishing a solid succession plan can help ease the transition and minimize any impact a
Do you have a succession plan for your closely held business? Read More »
Currently, lawsuits against California employers, whether they are justified or not, continue to expand. We are currently defending multiple California Private Attorneys General Act (“PAGA”) lawsuits for our business clients. These types of lawsuits can be very costly as they can include claims for meals, rest breaks and piece-rate pay issues. In one of our
Avoid the High Cost of Employee Lawsuits Read More »
For a variety of reasons, many of our business clients desire to enter into non-compete agreements with specified individuals. In general, non-compete agreements are void in California. As stated in Business & Professions Code Section 16600, “every contract by which anyone is restrained from engaging in a lawful profession, trade, or business of any kind
How to Create an Enforceable Non-Compete Agreement Read More »
Litigation partner Kevin Abbott recently received an outstanding result for a client in a binding arbitration. In this case, our client had entered into a shareholder agreement in connection with purchasing a share of a financial advisory practice. The majority shareholder later changed his mind, refused to operate the practice with our client, and dissolved
A Positive Arbitration Result Read More »
This year, many companies are moving out of California to more business-friendly states – such as Nevada – to flee high taxation and regulation, among other reasons. The good news for these companies is that there are a number of options available to them for making the move, each with its own pros and cons.
What to know before you move your company to Nevada Read More »
