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Commercial Bankruptcies Continue there Increase

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 […]

Shareholder Liability for Improper Corporate Distributions

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 […]

Breach of Fiduciary Relationship:  California Corporation Law

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 […]

The Business of Health Care

House Democrats on October 29, 2009 closed in on the votes they need to pass sweeping health care legislation, as party leaders introduced a 1,990-page bill […]

Costs of Closing Down large Financial Institutions Should Not be Borne by the Taxpayers

Federal Reserve Chairman Ben S. Bernanke called on Congress to ensure that the costs of closing down large financial institutions are borne by the industry instead […]

Small Business Owners Seek Loan Availability

Many many small business owners have not been able to get a small-business loans, and have walked the treacherous lines of relying on using credit cards […]

Smaller Banks to Receive Troubled Asset Relief

President Obama said that he will shift spending of the government’s multibillion-dollar financial bailout away from large financial institutions and toward smaller banks in an effort […]

California Bans Advance Fees for Loan Modifications

California has joined nearly two dozen other states in prohibiting foreclosure rescue companies from collecting advance fees for helping homeowners negotiate mortgage loan modifications. Gov. Arnold […]

When Joint Representation Buy-Sell Agreements May Be Inadvisable:  California Business Attorney

Under some circumstances, the attorney should not undertake joint representation of parties to a buy-sell agreement, or of other persons interested in the agreement, even if […]

Joint Representation:  Buy-Sell Agreement Waivers by a California Business Lawyer

An attorney who is asked to represent more than one party to a buy-sell agreement must address certain fundamental conflict issues that arise in all joint […]

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