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New California Housing Legislation Signed into Law

Gov. Arnold Schwarzenegger signed nine housing bills into law this week. One in particular, Senate Bill 94, consumer advocacy groups are calling a clear victory for […]


Arbitration No Longer the Avenue to Resolve Credit Card Disputes

New York financier J. Michael Cline set out to build a billion-dollar empire in the realm of consumer-debt disputes. His firm would stand at the center […]


Foreclosures are Rising in the More Affluent Housing Markets

New data suggest that foreclosures are rising in more expensive housing markets. About 30% of foreclosures in June involved homes in the top third of local […]


Pace of Bankruptcies is Slowing Down

In another promising sign of economic recovery, the torrid pace of personal and business bankruptcies slowed during the third quarter. In the first quarterly decline since […]


Life Insurance Funding of Buy-Sell Agreements

A crucial issue for a closely held business that wishes to buy out one of its principal ownwrs is whether it will have the funds to […]


Events that Trigger Partnership Buyouts in California

Unless the partners have entered into a written agreement that provides otherwise, dissolution of the partnership will result from (1) a partner’s death (Corp. Code Section […]


California Continues in Business Financial Turmoil

Bureaucratic bungling, red tape and political gridlock don’t come cheap — especially when they get in the way of paying California’s bills. The state has shelled […]


Fed Requests Banks Prepay Fees

The Federal Deposit Insurance Corp. today proposed that banks prepay tens of billions of dollars in fees to bolster its insurance fund that has been depleted […]


The Business of Banking

What is it with these banks that are so quick to hit you with a fee for spending more than you have in your checking account […]


California Debt Sale Yields $ 8.8 Billion

Investors swamped California with orders in its first debt sale since resolving its budget crisis, allowing the state to sell $8.8 billion in short-term notes, the […]



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