It is simply a given to attorneys of any longstanding and proven business law firm that securing and maintaining client trust is the optimal goal in every instance.
When you were younger, did people ever ask you, "What do you want to be when you grow up?" Your answer probably changed as you grew because you started to recognize your talents and how they could play a part in the world. Like most people, you probably tailored your career to both your skills and the opportunities that were available.
If you've just started your own business or are considering a business venture, then you probably have a lot of questions about how to run your business and what laws are applicable to your situation.
There is a famous saying probably all of you have heard which is: one bad apple spoils the bunch. The phrase suggests that the bad actions of one person can easily affect the group. And in the case of payday lenders, this statement couldn't be any truer.
Imagine for a moment that you are a shareholder in a closely held corporation here in California. In order to have a say-so in the circumstances under which you and the other shareholders may transfer your shares (or be required to sell your shares to the corporation or other existing shareholders), a shareholders' agreement needs to be in place. If you are like a lot of our California readers, you may have only a working knowledge of business law and may be only vaguely familiar with shareholders' agreements. Unfortunately, this leaves you at a disadvantage because if presented with a shareholders' agreement, you might not understand all the implications of what you are signing, which could lead to disputes down the road.
The fear of the unknown is what keeps a lot of entrepreneurs away from starting up their own businesses. It's also what stops a lot of existing companies from changing their business models. What if the plan doesn't work? What if the company loses money too quickly and it is forced to close? Will litigation be necessary to handle disputes regarding investors if everything fails?
So you've decided to start your own business. Great! If you're like most entrepreneurs though, you're finding out quickly that there is a lot to consider after making this decision, especially when it comes to the law and how it will apply to your business.
Did you know that in the United States, direct to consumer sales of motor vehicles are prohibited by franchise law? If you said no, you're not alone. As complicated as business law may seem, franchise law adds a whole other level that can blindside a growing company or business if they're not careful. Our Pasadena readers can see this happening with Tesla Motors at this very moment.
Thanks to our nation's antitrust laws, businesses in the United States enjoy a healthy level of competition in their respective industries. This competition gives consumers a choice in the products they purchase or services they use. And for businesses, this competition pushes companies to create new products and services that will distinguish them from their competitors.
If you've been paying attention to the news lately then you probably have a good idea of how scorned Dollar General was by the acceptance of Dollar Tree's $8.5 billion bid for Family Dollar. Dollar General's distain for the acquisition stems from the fact that it had long sought to acquire Family Dollar and had even offered $9.1 billion for the discount retailer.