The lockdowns, shelter-at-home orders, and other measures put in place during the height of the pandemic certainly disrupted life as we know it in California. Many businesses were hit hard financially when they were forced to shut their doors by government fiat.
According to statistics compiled by The Zebra, a website that compares insurance companies and tracks business trends in the United States, anywhere from 36 to 53 percent of all small businesses nationwide are sued every year, and 43 percent are threatened with lawsuits annually.
A partnership is a business structure in which two or more persons or entities establish a working relationship to operate their business for profit.
Indemnity clauses, also commonly referred to as “hold harmless” clauses, are used in various types of contractual arrangements and are certainly prevalent in the construction industry. An indemnity clause basically transfers risk from one party to the other. In legal terms, the indemnitor is the one who assumes the risk, and the indemnitee is the one who is protected by indemnification.
If you’re doing business, it’s not unusual to run into disputes with other businesses or individuals, whether customers, clients, partners, suppliers, contractors, or other competing enterprises. Your initial response will probably be to attempt to resolve disputes through negotiation to avoid the cost, public exposure, and time involved in litigation.
Business fraud can be tremendously damaging to your business, whether you are the perpetrator or the victim. Fraud by its nature is often hard to detect because the perpetrator goes to great lengths to hide their activities.
The California real estate market has been rising rapidly in valuations since the onset of the pandemic and low-interest-rate mortgages. The California Association of Realtors (C.A.R.) reports that the median home price in 2022 is set to rise 5.2% to $834,400 after a projected 20.3 percent raise to $793,100 in 2021 from 2020.
If you’ve just purchased a new home or commercial building, and after occupying the structure you discover defects that need correcting, is there a time limit in which you must take legal action—in other words, a statute of limitations?
Employers generally rely heavily on arbitration clauses in their agreements with employees. Upon accepting a job offer, a prospective employee will often be required to sign what might be called an employment agreement or even an employee policy manual or handbook.
You’ve just purchased a new home and moved in, expecting everything to be working perfectly. After a few weeks, or a few months, a defect shows up. What are your rights?