Running a business means making difficult choices. Some decisions lead to growth. Others may cause losses, even when leaders act with care. Business owners and shareholders may wonder when a court will review those decisions. In California, the business judgment rule...
It takes a lot of effort and dedication to build a business in California. However, a single breach of trade secrets can undo everything you have built. That is why you should exercise prudence when one of your employees leaves the company. Here is what you need to...
A commercial real estate deal can involve many documents, and each one serves a different purpose. Some documents simply record information, while others can shape the outcome of a transaction. An estoppel certificate falls into the second category. Whether you are a...
You might already have customers, contracts or employees lined up in California. Before work begins, one filing question can affect the launch: Does your out-of-state company need to register with the Secretary of State? The answer usually depends on how often you do...
Mixed-use developments are becoming more common in commercial property. If you are considering one of these projects, you may plan to combine stores, offices and homes on the same site. Developers and investors increasingly use this model to breathe new life into...
In California’s competitive commercial landscape, an “exclusive use” clause is often a tenant’s most valuable asset. If you are an anchor tenant or a specialized retailer in a large-scale development, these provisions ensure that your business is the sole provider of...
A sale or funding round can slow down when your California company’s paperwork do not match its business history. Buyers, investors and lenders often want to confirm who approved major decisions, stock issuances, contracts and ownership changes. If your minute book...
You might focus first on your business name, filings and launch plans when forming a California limited liability company (LLC). However, one early choice can affect how your company actually runs: who can make decisions for the business. Your management structure can...
When you enter into a business partnership in California, you place your trust in the other party to prioritize teamwork and work toward your shared goals. When they break the terms of that agreement, the effects can interrupt operations and reduce profits. While...
You might begin a project with one business structure and feel comfortable with that setup. As your investments grow or your risk exposure shifts, you may consider adding more entities to create extra layers of separation. In California, many business owners look at...
