California business owners know all about risk. In the turbulent economy of the past two years that brought on a recession, worker shortages and supply chain issues, entrepreneurs, employers and proprietors have had to always be two steps ahead of the game so that...
Business Law And Litigation
What issues may impact business and transport for the new year?
The economy and how ongoing challenges impact business have been discussed extensively in California and throughout the United States. While those who are involved in transportation of products at any level – maritime, cargo, ground level transport, finance and more –...
Have you been duped by fraudulent misrepresentation?
Contractual relationships are based, in part, on trust and transparency. After all, both parties agree to perform certain duties and adhere to certain obligations for the benefit of the other party. But what happens when you enter into a contract based on false or...
Government contracts and termination for convenience
For businesses, obtaining a government contract can be immensely profitable. Government agencies can be more stable and reliable than private companies, representing a sizable and regular source of income. However, these contracts are not without their pitfalls, as...
How to decide on the best business form for your business
Business formation is an important part of the process of starting a business. New business owners can set up their business for success or difficulty based on the choices they make during the legal business formation process. How to decide on the best business form...
Analyzing the terms in business contracts
Contracts are usually the bedrock of business relationships. They outline the terms of the relationship, what the sides can expect from each other and also provide for possible remedies when trouble arises. Although there are some basic, common principles included in...
What is the role of a letter of intent in commercial real estate?
Buying or selling property can be one of the most important transactions a business undertakes. It can also be a complex process, with many opportunities for things to go wrong and cost money. Frequently, a letter of intent is the first step in the process and it’s...
Can a written contract be modified orally?
Contracts are the bedrock of our economy. Without legally enforceable contracts, the trust that creates business relationships would be impossible. That being said, the law of contracts is notoriously vague and nebulas. Simple questions, such as when a contract or a...
The pluses and minuses of corporate and LLC business structures
When selecting a business structure, there may be pluses and minuses to consider with each business type. Two common types of business structures are corporations and LLCs which may have different benefits based on the needs of the business. Familiarity with the...
Should you utilize international licensing agreements?
The recent incident in Suez Canal has highlighted how interconnected our commerce has become. Expanding your business operations internationally can be a wise financial move, but it isn’t without its risks. That’s why you need to understand how to negotiate agreements...