LLC law is changing on January 1st. Is your LLC ready for the new year?

If you are a member or manager of an LLC you should know that California has adopted the California Revised Uniform Limited Liability Company Act (“RULLCA”, full text here leginfo.ca.gov) which replaces current LLC law.  RULLCA will take effect on January 1 and applies to all existing California LLCs and foreign LLCs registered with the Secretary of State.  RULLCA should bring California LLC law more in line with the Read More

California Business Attorney Helps Entrepreneurs

Are you an entrepreneur looking for a California Business Attorney?  Do you know what to look for in a California Business Attorney?  I know, usually you are looking for an attorney when a problem creeps up that you cannot solve.  That problem will continue to haunt you until you can find someone that can help you, be it a business attorney or someone else.  Well, how would you feel if you could have avoided that Read More

Unbundled Legal Services: What’s In It for Me?

Unbundled legal services come in all flavors.  Most lawyers offer full service or a full slate of legal services, so if you purchase their services you have to buy the whole kit and caboodle.  Well, now another option is becoming much more prevalent, unbundled legal services.  Unbundled legal services really means you can purchase just a certain piece of a specific legal service and can be used in multiple Read More

How to Dissolve a Corporation

So, you want to know how to dissolve a corporation?  Of course, when determining how to dissolve a corporation it depends on the state where your corporation is filed.  But, generally speaking, you need to do the following steps: First, when determining how to dissolve a corporation, you should check with the Secretary of State in the state where your corporation is filed to make sure the corporation is in good Read More

Articles of Incorporation: Why?

Why do you need Articles of Incorporation for your corporation?  There are many aspects of forming and maintaining a corporation that are overlooked if you do not get the proper advice.  Usually people understand the articles of incorporation piece of forming their corporation because that is the piece of paper that you need to file with the secretary of state.  The articles of incorporation form your corporation or, Read More

How To Dissolve a Business, Do You Know What To Do?

So, you're asking how to dissolve a business?  Well, I'm sure you know the answer, that is "It depends."  How to dissolve a business is dependent on many factors including what , if any, business entity you have, what kind of business you are running, whether there is debt involved, your reasons for dissolving your business, etc.  All of these pieces must fit together into an orchestrated event to determine how to Read More

Closing A Business: What To Do

Closing a business or thinking about it?  Well, it can be as easy as just closing the doors, but usually closing a business requires a few more steps than that.  Of course,the best way for closing a business will depend on how your business is set up.  Unfortunately, there is no easy answer because there are as may ways to set up a business as there are ways to close it and for each way a business is set up there Read More

Articles of Organization: What Are They and Why Do You Need Them?

Articles of Organization are an integral part of your limited liability company or LLC.  Actually, the articles of organization is the document, usually a form, that gets filed with the Secretary of State and officially forms your LLC. It is similar to the articles of incorporation, but that document forms a corporation where the articles of organization form an LLC. What goes into your articles of organization? Read More

Boilerplate Contract Provisions that May Be Harmful

Boilerplate contract provisions are those “standard” provisions that you see in almost every contract. The boilerplate contract provisions are usually found in the “fine print” that you mentally skip over because it's boilerplate and therefore you think it cannot be changed. Some of that standard language, however, can really hurt you. Here are some of the potentially more dangerous boilerplate contract Read More

How to Answer a Lawsuit

The answer to how to answer a lawsuit may not be at the top of your mind until one day when you're minding your store as the owner of your business and someone you've never seen before walks in and hands you and envelope saying,  "You've been served.” You open the envelope and see a summons and a complaint with your company’s name in the spot for “defendant.” You have been sued. Now what? Now you have to find out how Read More