This article discusses the process by which a person may involuntarily dissolve a corporation in California due to shareholder deadlock. A California corporation can be involuntarily dissolved by court order when its shareholders are so deadlocked on important matters...
Every single one of us wants to save money on taxes. The problem is, most of us don’t know how or we wait too long to take advantage of tax saving strategies that can make a big difference to our bottom line. If you’re ready to save money – be ready to act now....
Nearly half of all small businesses in the United States are run from home, and that number is growing as the population ages and makes career changes. Although the convenience of operating a home based business is hard to beat, you still need to be sure you follow...
A Phantom Stock Agreement may be an attractive alternative to traditional Stock Option Plans for the business owner who wants to reward key employees for their contribution to the company’s success. With Phantom Stock, employees do not become shareholders...
Non-solicitation clauses are typically found within employment agreements or non-compete agreements (discussed here), but can be self-supporting agreements separate and appart from employment or non-compete contracts. A non-solicitation agreement seeks to prevent an...
Occasionally, a client asks whether s/he should incorporate outside of California, such as establishing their business as a Delaware corporation or Nevada corporation. Delaware corporations are popular and, in fact, most major U.S. companies choose to do business as...
A non-compete agreement is a contract between a company (corporation, LLC, partnership, etc.) and an owner, employee, or independent contractor that seeks to prevent the owner, employee, or contractor from competing with the company after that person’s...
Every business with two or more owners, whether it be a C-Corporation, S-Corporation, Limited Liability Company (LLC), or Partnership, should strongly consider having a Buy-Sell Agreement in place. A buy-sell agreement (also known as shareholder agreement or...
Controversy recently sparked in the Central Valley (and then the nation when the story went viral) in response to this Facebook post by Turlock resident Denise Helms following President Barak Obama’s re-election: “And another 4 years of the n*****. Maybe...
The LLC in California, short for Limited Liability Company, has become a very popular legal structure for small business owners as well as larger operations. An LLC is an attractive alternative to other forms of business entities because it combines some of the legal...