A buy-sell agreement for a partnership is very different document from a buy-sell agreement for a corporation, even though their objectives may be the same, because […]

Civil procedure students everywhere may be able to thank the U.S. Supreme Court if it rules as expected and holds that, for purposes of diversity jurisdiction, […]

ny shareholder who is sued for receiving an improper distribution may implead all other shareholders who received a distribution with the knowledge of the facts of […]

Fannie Mae said Monday it may have to ask the government for more financial assistance because the company cannot sell $5.2 billion in tax credits. The […]

Even though the economy is still suffering and many small businesses won’t be hiring for some time, some companies are thinking about taking on more workers. […]

Have you received a “personal and confidential” notice in the mail from the “debt resolution department” at a California law firm offering to help you restructure […]

A Contractors State License Board (CSLB) sting operation conducted in San Clemente highlights the risks consumers face if they hire unlicensed contractors for home or business […]

Commercial bankruptcies among the nation’s more than 25 million small businesses increased by 44% from the thirdquarter of 2008 to the third quarter of 2009, according […]

A shareholder whom receives an improper distribution, knowing of its improprierty, is personally liable to the corporation for the benefit of creditors and shareholders who are […]

The directors may be held liable in connection with a buy-sell agreement for failing to act in the best interests of the corporation. Liability would be […]