Protecting intellectual property and trade secrets is a key to continued success for many California businesses. Threats of illegal use of intellectual property can come from multiple directions, and business owners should have a legal team that is prepared to handle...
We have recently been advised by our friends at national accounting firm Hein & Associates of a recent change in reporting requirements for companies which may be in financial distress. As you may be aware, CPAs follow standards published by the Financial...
Whether it is the sale of a business, bringing in a new investor or taking out new financing, your company's records will most likely be reviewed as part of the "due diligence" process. Documents will also be needed to back up representations your company will most...
If you own a business in California, then you probably have a reasonable expectation that at some point your company will be involved in a legal dispute. With the help of a business law attorney, you may be able to resolve the matter in a cost-efficient way without...
In one of our recent posts, we discussed a drug maker's decision to file for Chapter 11 bankruptcy protection, which provides the company with an automatic stay against creditor actions. While Chapter 11 certainly has its benefits, such as letting the filer continue...
Let's say you've worked hard for years to build a profitable business. You may have even spent significant time away from your family to raise finances and manage operations. As an entrepreneur, you probably realize, too, that once your company reaches a certain level...
On September 15, 2014, the Ninth Circuit Court of Appeals ("Court") issued the opinion Hawkins v. the Franchise Tax Board of California, et. al., Case No. 11-6276, pursuant to which the Court held that claims for non-dischargeability under Bankruptcy Code Section...
In Cruz v. Strauss (In re Cruz), 2014 Bankr. LEXIS 3687(B.A.P. 9th Cir. Aug. 29, 2014), the Bankruptcy Appellate Panel for the Ninth Circuit recently affirmed retroactive annulment of the automatic stay to validate a foreclosure sale. In Cruz, a five-percent interest...
The need for Chapter 11 bankruptcy protection can arise under a wide variety of circumstances. For antiviral drug maker Siga Technologies Inc., a costly judgment in a licensing dispute not only jeopardizes the company's viability; enforcement of the judgment could...
A non-practicing entity or patent assertion entity -- pejoratively referred to as a patent troll -- is an individual or company that brings a patent infringement claim in an effort to collect licensing fees in connection with a product or service not actually...