Articles Posted in Business Law

underwood-how-to-dissolve-llc-california-300x300LLC’s are perhaps the most common form of business entity in the country on account of their approachability. But their large number means that plenty will and do fail. When this occurs, members of the LLC can file a lawsuit for “involuntary dissolution.” 

That said, the non-dissolving members have a way of fighting back: the mandatory buyout. Litigation over buyouts can be fierce, as each member attempts to maximize the value of their interest to secure the largest possible payout. In these instances, the right attorney can make all the difference. 

At Underwood Law Firm, our attorneys are knowledgeable in the fields of pass-through entities and real property. If you’re looking to proceed with dissolution, then we’re here to help. 

underwood-penal-code-496-business-disputes-300x300Recently, the California Supreme Court clarified that California Penal Code section 496 applies to business disputes. This is significant as Section 496 outlines penalties for someone who buys or receives stolen property, or property obtained through theft or extortion. (Penal Code § 496.) Of particular concern is 496, subdivision (c), which allows triple damages and attorneys’ fees as available remedies for someone who converts stolen property. (Id.) Over the years, there has been a longstanding debate in California on whether Penal Code section 496 applies to business disputes. 

On the one hand, California appellate courts held that section 496 did apply to business disputes according to the wording of the statute. On the other hand, California appellate courts also held that section 496 did not apply to business disputes involving theft through fraud or misrepresentation. A recent California Supreme Court case finally resolved the split.

The California Appellate Court Split

4212023-300x300Anytime a litigant wants to file a lawsuit, a threshold question is where the lawsuit should be filed. Specifically, the question is what county should get to hear the action. This process is called determining “venue,” and it can become quite a complicated endeavor. This is because the “correct” county for action will depend on a number of factors. 

One such factor is the “nature” of the action. If it concerns the “internal affairs” of a trust, then specific venue rules come into play. But making this determination isn’t easy. And filing suit in the wrong county could result in both a transfer and sanctions for the plaintiff who didn’t do their homework. 

What is Venue?

332023-300x300A Civil Harassment Restraining Order is a type of restraining order used in California to stop a person from harassing or threatening another. However, the requirements for a civil harassment restraining order are slightly different than a typical restraining order. Essentially, a civil harassment restraining order is for the purpose of providing protection to a person that is the subject of harassment from someone they do or do not have a relationship with. Therefore, a civil harassment restraining order provides a legal intervention that restrains the harasser. 

However, that a special relationship does not need to be shown to obtain a civil harassment restraining order does not mean that a person can get such a restraining order against anyone. A litigant seeking a civil harassment restraining order is required to show proof of behavior that constitutes harassment. At Underwood Law Firm, our attorneys are more than familiar with civil harassment restraining orders. 

Code of Civil Procedure 527.6

312023-1-300x300Partnerships are incredibly common business entities that many Californians enter on a regular basis, often to acquire and develop real estate over many years. Unfortunately, many fail to get off the ground, as mismanagement, poor spending, and bickering derail what may have been promising ventures. 

In these instances, a single partner can apply to have a court dissolve the partnership, effectively ending the entity by triggering wind-up procedures. At Underwood Law firm, our attorneys know how tough this situation can be. Thankfully, our attorneys are well-versed in partnership law, and we know the best ways to tackle the disputes that accompany dissolution and winding up. Our team has the legal acumen and skills necessary to help you achieve your litigation goals. 

When can a partnership be dissolved? 

2172023-300x300Partnerships are incredibly common business entities that many Californians enter on a regular basis, often to acquire and develop real estate over many years. But even the most successful arrangements must come to an end. Unfortunately, more often than not, the dissolution procedures “unwind” what may have been a series of cordial and respectful relationships between all involved. 

At Underwood Law firm, our attorneys know how tough this situation can be. Thankfully, our attorneys are well-versed in partnership law, and we know the best ways to tackle the disputes that accompany dissolution and winding up. Our team has the legal acumen and skills necessary to help you achieve your litigation goals. 

When can a partnership be dissolved? 

Underwood-Blog-Images-5-300x300Attorney’s fees are those fees owed by a client to an attorney who performed legal services on behalf of the client. In some cases, a court may order the losing party to pay the attorney’s fees of the other party. Whether attorney’s fees are available as damages depends on the nature of the action. In cases involving a breach of contract, whether attorney’s fees are available generally depends on the terms of the contract. 

What is a Breach of Contract?

A breached contract occurs when a party fails to fully perform its obligations under a valid contract. Generally, to prove a breach of contract, a litigant must prove that a valid contract existed and that the valid contract was breached by the party in some way, causing damages to the litigant.

Underwood-Blog-Images-2-300x300If the parties consent to arbitration, they decide to settle their dispute outside the confines and strict procedure of courtrooms. That said, arbitration awards are not automatically court judgments just because they resolve legal claims.

On the contrary, arbitration awards are just contracts between parties and are not independently enforceable under the law. For that reason, those individuals who receive an arbitration award need to take one final step and confirm the award by petitioning the court.

These petitions, however, can be the subject of much litigation in their own right. Parties will treat these petitions as a means of re-opening legal disputes the arbitration was designed to close. But it doesn’t need to be this way. At Underwood Law Firm, our attorneys are well-versed in the law surrounding arbitration and other methods of alternative dispute resolution. With our assistance, we can help litigants get through the arbitration process.

Underwood-Blog-Images-300x300In California, business enterprises can take many forms (LLCs, corporations, partnerships, etc.). But perhaps the most unique is the “joint venture,” a special entity that, more often than not, is imposed by courts as a matter of law. This is because a joint venture is simply an “undertaking by two or more persons jointly to carry out a single business enterprise for profit.” (Unruh-Haxton v. Regents of University of California (2008) 162 Cal.App.4th 343, 370.) 

Joint ventures can be thought of as informal general partnerships, lacking the formalities of partnership agreements and usually lasting for a shorter duration. That said, they nonetheless carry the same fiduciary duties and responsibilities associated with partnerships in California. Moreover, the statutes within the Revised Uniform Partnership Act apply with equal force to both types of entities. (Chambers v. Kay (2002) 29 Cal.4th 142, 151.) 

At Underwood Law Firm, our attorneys are well-versed in the law behind joint ventures and partnerships, particularly as these entities relate to real estate projects. With our skills, we stand ready to help all of our clients achieve their litigation goals. 

Underwood-Blog-Images-4-300x300The way a business is conducted depends on the entity used to conduct it. There are several entities one can form in order to conduct a business. One common entity used to conduct a business is a partnership. The formalities for creating a partnership are dependent on what type of partnership a person decides to form. A partnership can be formed either as a general partnership or as a limited partnership. The purpose of this article will be to provide information on partnership entities and their formation. 

What is a General Partnership?

A partnership is defined as an “association of two or more persons to carry on as co-owners a business for profit.” Cal. Corp. Code § 16101(10). A general partnership is made up of only general partners, and each general partner is jointly and severally liable for the partnership. This means that a general partner is liable for the obligations of the general partnership. 

Contact Information