Many struggling businesses need the protections offered by Chapter 11 bankruptcy, but Chapter 11 is not the right choice or even feasible for every business with heavy debt. Chapter 11 is highly procedural and costly in terms of money and time, and there may be better...
Month: April 2015
What are an employer’s notification requirements for layoffs in California?
In California, employers of any size have to comply with state and federal employment laws, and certain employers are subject to additional regulations and requirements.For example, the federal Worker Adjustment and Retraining Notification Act -- WARN -- applies to...
California Fair Pay Act would offer equal pay protections for women
California lawmakers are currently considering a bill -- the Fair Pay Act -- that would significantly increase equal pay protections for women. Specifically, the bill would prohibit California employers from firing, retaliating or discriminating against employees who...
Don Henley settles trademark dispute over use of his name
Trademark infringement occurs when someone uses a mark without permission, or when someone uses a mark that is similar enough to another to cause confusion as to the source of the goods or services being offered.One such case of infringement was recently settled by...
Report highlights need for debt relief among high net worth athletes
If you're a business owner or an individual with significant assets and you're burdened with heavy debt, then you may have a number of debt relief options, including Chapter 7 bankruptcy, Chapter 11 bankruptcy or out-of-court solutions. The reality is that businesses...
Don’t sign off on a real estate deal without good legal counsel
Whether you're considering the sale or purchase of a commercial or residential property, there is much at stake in real estate transactions. To protect your interests, it is crucial to have a real estate law attorney cover your legal bases. A lawyer can negotiate the...
Mid-sized California tech businesses expand to Oregon
In California's highly competitive tech industry, it can be difficult for smaller and mid-sized companies to compete with the likes of Google and Apple. Large companies that have dominated for years tend to absorb much of the local talent, while smaller startups in...
When negotiating in good faith doesn’t work, you need skilled litigators
Most business owners, when they realize they have a dispute with another company, don't immediately say to themselves, "We need to take this to court; we need to litigate." For one thing, litigation can be a costly and time-consuming distraction from running a...
Survey predicts increased need for Chapter 11 restructuring in certain industries
Since the end of the Great Recession, the number of individuals and businesses filing for Chapter 11 bankruptcy has declined significantly. However, a recent survey of 165 bankers, fund managers, lawyers and other restructuring professionals suggests that the United...
Know your full range of options before filing for bankruptcy
Before filing for bankruptcy, business owners should explore every available out-of-court option for dealing with the debt. Going to bankruptcy court can be costly, and it is important to get comprehensive legal advice before taking that step.One of the first things...