Franchise agreements are contracts between a franchisor, who owns the brand, and a franchisee, who operates a business under that brand. They outline the terms of the partnership, including rights, responsibilities, and obligations. Understanding termination clauses in these agreements is crucial. These clauses specify the conditions under which either party can end the agreement prematurely. …
The Uniform Partition of Heirs Act is a legal framework designed to address the fair division of inherited properties among heirs. It came into effect to streamline the process of property partitioning, ensuring clarity and fairness in such cases. A partition action refers to the legal process of dividing property among co-owners, typically initiated when …
What is the Uniform Partition of Heirs Property Act? Read More »
Understanding contract breaches is crucial, especially when buying a business. When agreements are broken, there are consequences. Breaking a contract to buy a business can lead to big money losses and legal troubles. It’s important to understand these consequences well to handle business deals right. It can cost a lot of money, but it’s not …
What Happens if You Breach a Contract to Purchase a Business? Read More »
Entering into business partnerships often begins with a sense of excitement and hopefulness. People team up, pooling their resources and ideas, believing that together they can achieve great things. However, there’s a worry that lurks in the background: the fear of being sidelined or pushed out by a partner. This concern is widespread among those …
In the bustling landscape of California’s business realm, safeguarding one’s creative and innovative endeavors has never been more crucial. This is where the concept of Intellectual Property (IP) steps in. Intellectual Property refers to intangible creations of the mind, such as inventions, literary and artistic works, designs, symbols, names, and more. These creations hold immense …
Protecting Intellectual Property: How Trademarks, Copyrights & Patents Work Read More »
Many legal considerations must be taken into account when starting or growing a business. Whether you are starting a new venture or growing a side gig into a thriving business, the decisions you make now determine the future of your business. Business structures, licensing, taxes, and employees are just some of the small business legal …
Legal Considerations Every Small Business Owner Should Know Read More »
Mergers & Acquisitions (M&A) is a complex process that involves combining two or more companies to form a new entity or the acquisition of one company by another. It is a major business strategy for companies looking to expand their operations and increase their market share. However, the process can be quite challenging and involves …
The Role of Business Lawyers in Mergers & Acquisitions Read More »
In a purchase transaction, an escrow arrangement is usually used to protect both the buyer and seller. The escrow agent’s responsibility is to ensure that the funds and property involved in a transaction are being exchanged as agreed, based on certain pre-agreed conditions. The escrow agreement’s main objective is to protect each side’s interests by …
A breach of fiduciary duty in California happens when an individual or entity is in a position of trust and fails to act in their client’s best interests. In California, the responsibility for proving a breach of fiduciary duty falls on the plaintiff (i.e. beneficiary, ward, advisee, client). There are many different types of fiduciary …
The Statute of Frauds in California is a section of the state civil code that details when a contract must be in writing, as well as what a written agreement must include. This statute requires most contracts to be in writing to be valid, with only a few exceptions. Here is what you need to …
Statute of Frauds in California: Examples of Breach of Contract Read More »
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