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What is a C Corporation? A C corporation is the default corporate structure under federal tax law. It is treated as a separate legal and tax-paying entity. C corporations are generally subject to double taxation, meaning their income is taxed at the entity level when...
Starting a business with partners requires careful planning. One of the most important steps in protecting both the company and its owners is creating a shareholders agreement or operating agreement. These internal agreements establishhow the business will be managed,...
Forming a corporation or limited liability company (LLC) generally protects business owners from personal liability. However, that protection is not absolute. In certain circumstances, a court may disregard the entity’s separate legal existence and hold owners...
One of the first questions in any legal dispute is where a lawsuit should be filed. Filing in the wrong court, county or state can delay your case or lead to dismissal. In California, the answer depends on two main concepts: jurisdiction and venue. Before a court can...
Arbitration clauses are commonly buried in contracts, enrollment agreements, warranties and other contracts. Arbitration is often marketed as a faster, cheaper, and more private alternative to going to court which may or may not be the case depending on the particular...
The statute of limitations sets the deadline for filing a lawsuit or criminal charge. It is the legally prescribed period within which a lawsuit or prosecution must be initiated. If you miss the deadline, your claim may be barred. Because these deadlines vary by claim...
A property lien is a legal claim against real property used to secure payment of a debt or legal obligation. A lien does not transfer ownership, but it gives a creditor an enforceable interest in the property until the debt is resolved. Once recorded, a lien attaches...
Real estate transactions depend on clear ownership. When a title defect appears, whether from a recording error, unresolved lien, or competing ownership claim, it can derail a sale, refinancing, or transfer and expose property owners to ongoing legal risk. A quiet...
Specific performance is an equitable remedy that compels a breaching party to perform their contractual obligations rather than simply paying monetary damages. Instead of awarding compensation, the court orders the party to do what they originally agreed to do. The...
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