Individuals and companies take out errors and omissions insurance policies (E & O insurance) in case negligence occurs during their handling of a matter for a customer or client. Without an E & O policy, a professional who provides services or advice could...
Everyone wants job security, and people may assume that executives have plenty of it. That is not necessarily the case, however, as executives can be hit with job loss for any number of reasons. Maybe share prices drop, or the company merges or is bought. Maybe there...
Businesses that are restructuring through Chapter 11 bankruptcy may have to address a range of liability issues not only from creditors in the business world, but also from current and future personal injury claimants. Complex legal factors have to be considered...
Business owners are likely to agree that if your company does work worth hundreds of thousands of dollars, it should get promptly paid. And if payment is not prompt, it should be as soon as possible. But one California company says Google is refusing to pay...
Business owners may need to sell or dissolve their companies for any number of reasons: retirement, divorce, disability, bankruptcy, disputes with partners, or just the desire to do something different. Whatever the reason may be, you'll need to cover your legal bases...
According to the California HealthCare Foundation, since 2002, workplace health insurance premiums in California have risen 185 percent, far outpacing the state's inflation rate of 33 percent. This increase in employers' health insurance rates is expected to continue...
Some states enforce non-compete agreements, whereby employees agree not to compete with their employer for a period of time or share trade secrets after leaving the company. California is not a state that enforces such agreements, but New York is.A California company...
When you're starting a business, the decisions you make early in the process are extremely important because your choices now will have effects throughout the life of the company. You'll have to decide how the business will be structured, and the type of entity you...
If you are a bankruptcy trustee, then you have a fiduciary duty to creditors and debtors. That being the case, a mistake at any point in the process could expose you and the bankruptcy estate to liability. Because bankruptcy law and procedure are very complex, it is...
In Mano-Y&M Ltd. v. Field (In re Mortgage Store, Inc.), 2014 U.S. App. LEXIS 22981 (9th Cir. Haw. Dec. 5, 2014), the Ninth Circuit explicitly rejected the control test's flexible, equitable approach and embraced the pure "dominion test" adopted in Universal Serv....