Jun 26, 2022 | California Legal Tips & News, Small Business Tips
A California Foreign LLC refers to a business that has been created in a state other than California. If you wish to do business in California, the company must register in the state. In this context, “foreign” doesn’t mean another country, just another state... 
May 27, 2022 | California Legal Tips & News
Close to 60% of U.S. small-business owners have some form of insurance to protect their businesses from theft, fire, lawsuits, employee accidents, etc. For the regular premiums, they pay to an insurance company. Business owners are often confident that should they... 
Apr 28, 2022 | California Legal Tips & News, Starting A Business
If you have been following the news lately, you most likely have heard that the world’s richest man Elon Musk has acquired Twitter. Musk is paying approximately $44B to take over the popular social media platform, and to ensure the acquisition goes smoothly, he and... 
Mar 28, 2022 | California Legal Tips & News
If you own a business or work in an industry where you have a high chance of being sued – such as in the medical, financial, and real estate industries – you should protect your assets from any legal action taken against you. If you don’t, you could quickly lose your... Feb 19, 2022 | California Legal Tips & News, Small Business Tips, Starting A Business
Over the last two years due to Covid-19, millions of small businesses, which make up 99.9% of all US businesses, have closed down or are struggling to stay afloat. Despite the continued hardship the Covid pandemic has inflicted on small businesses, it appears the... Feb 12, 2022 | California Legal Tips & News
In business, disputes arise all the time. For example, a supplier could repeatedly delay delivering fresh produce to your restaurant, which causes you to incur losses. You can file a breach of contract lawsuit against the supplier, but the time it will take to have... Dec 20, 2021 | California Legal Tips & News
“Force Majeure” occurs when an emergency that is unforeseeable at the time of the contract makes the performance of the contract objectively impossible. Sometimes, a contract contains the Force Majeure clause (“FMC”). Literally “force majeure” translates from French... 
Dec 9, 2021 | California Legal Tips & News, Small Business Tips, Starting A Business
An Operating Agreement is a binding agreement between business partners who jointly operate a Limited Liability Company (LLC) in California. If you are operating a California LLC, you should have a written Operating Agreement to set out your business structure. Most... 
