Wage and hour lawsuits can be avoided by following a few simple tips.
1.The first thing is to consult with a Palm Springs corporate attorney. Have the attorney help you conduct a wage and hour audit.
A secured loan is made secure by the borrower pledging a specified item of value, to ensure repayment of the debt to the lender. In the event the borrower does not honor the loan agreement, the lender can take possession or force the sale of property used as collateral to repay the debt. If the collateral does not equal the amount of the loan, he has the right to pursue a judgment for the balance owed. (more…)
There are many reasons why a company may consider a restructuring. It may be due to them having been hit hard by the recession or other events that have made business extremely tough for them. Should businesses find they need to do this, they might want to consider some other avenues before completing a restructuring. (more…)
A shareholders agreement is essentially an agreement between shareholders designed to outline the way business dealings will be handled between each party in the agreement. Though they are not mandatory, shareholders agreements are considered a valuable resource and are aimed to provide protection in the event of a dispute among shareholders. (more…)
Owning and operating a business requires a lot of effort and patience. Because you are preoccupied with the day-to-day aspects of your business, focusing on legal problems is often an afterthought. With a Palm Springs corporate attorney on your team, you will have assistance with legal issues that include taxes, contract negotiations, advice on employment laws and even litigation. (more…)
You can obtain a trademark for the proprietary information pertaining to your business if the information is economically valuable to you and is not common information that your competitors can easily acquire, such as the words in recipes or listings from telephone books and directories. You can learn if you qualify for a trademark. (more…)
When the shareholders for a business or corporation can’t handle their professional disputes and get back to being productive in business in a timely manner, this is an indication that a third party is needed to resolve the issue. The agreements between the parties may need to be legally dissolved, but some companies don’t have clear regulations concerning this. This means that dividing property and assets can get complicated to say the least. (more…)
A 2011 Supreme Court decision has had a major effect on the number of class action lawsuits being brought by employees against companies, as the employers are pushing arbitration as the top option. Consumer disputes can now not be the subject of class action disputes, which has led to dramatic declines in both the number of class action consumer lawsuits and the cost of these to companies. A Coachella Valley corporate law firm can make a number of recommendations for any company that is concerned with the potential for class action lawsuits being brought against them. (more…)
Employment disputes create havoc on the work environment. With proper management, these can be resolved. Otherwise, litigation could come into play, and nobody desires to go that direction. It is essential to learn how to resolve any issues effectively and internally. (more…)
A “bootstrap buyout,” more formally known as a leveraged buyout (LBO), is a method of obtaining a business wherein the buyer utilizes a blend of other investors’ money and business assets to purchase a business. These are tough times and credit markets are drying up. Finding funds can be difficult, however, these tough times often lead to enormous investment opportunities because there is a good amount of value in an LBO, if you find the right business for the right price. Our Coachella Valley corporate attorneys have gathered a few tips to help ensure your success. (more…)