Category Archives: Business Law

CA Senate Bill Would Loosen Restrictions on Commercial Loan Referrals

Banks and financial institutions that are lenders or have lending arms issuing loans sometimes gain a loan customer by way of a referral from another business or institution. These entities, or sometimes brokers, are directing their clients or customers to a particular institution for a commercial loan to help grow its business. These clients can

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Shareholder Rights and Activism

Companies in the United States that are publicly traded must comply with a bevy of securities and exchange laws that affect their corporate governance, how shareholders are treated, and so much more. Shareholder rights are a major part of a public company going public, as are shareholder resolution proposals. Levels of Shareholders Rights Companies issue

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The Impact of Dodd-Frank Nearly Five Years Later

It is hard to believe, but this summer we will be hitting the five-year anniversary of the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act.  This was the legislation spurred by the risky behavior of banks and financial institutions as well as the “no problem, we’ll pay it down later” attitude of

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Delaware Court Refuses to Nullify California Non-Compete Provision

What are ‘Non-Competes’?  Many employment contracts include a provision called a “non-compete,” which is a set of restrictions that the hiree agrees to abide by when his or her employment is over. This will tend to limit the person’s ability to find employment in the same industry or sector in the same geographic area for

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Shareholders Approve Family Dollar-Dollar Tree Merger

While “dollar stores” may carry the connotation and stigma of places to buy inexpensive goods such as food, clothing, or household items, do not let the word “dollar” fool you when it comes to major mergers or acquisitions in that sector. We previously posted about Dollar General’s $8.9 billion, or $78.50 per share, offer to

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New California Laws Include Pro-LGBT Business Statute

As the Los Angeles Times recently reported, there were hundreds of new laws that became effective at the stroke of midnight of the new year.  These laws affect a broad array of interests for Californians everywhere. Among these many new laws, there are some that will directly affect business in the state. 2015 Laws for

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ABI Proposes New Bankruptcy Asset Sale Rule

In the realm of bankruptcy, different chapters of the U.S. bankruptcy code cover different types of bankruptcy as it applies to individuals or businesses. The most typical form of bankruptcy for a business is called Chapter 11 Bankruptcy. While sometimes bankruptcy is synonymous with liquidating assets to sell off and pay off debts to creditors,

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Part of Volcker Rule Delayed

The “Volcker Rule” was a highly publicized and important part of the Dodd-Frank Wall Street Reform and Consumer Protection Act, put in place in 2010 as a response to the economic meltdown suffered by the United States and around the globe largely as a result of the risky activities of banks and financial institutions. The

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Spending Bill Strips Dodd-Frank Provision

In the aftermath of the market crash in 2008 and the subsequent economic recession, Congress and the White House worked with industry and subject experts to craft a massive overhaul of our financial and banking laws to ensure that a similar catastrophe would not happen again. This culminated in the 2010 Dodd-Frank Wall Street Reform

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California Employee Protections Continue to Annoy Businesses

In a recent post, we summarized the critiques that chief executives of businesses have against the state of California, as well as how certain laws and regulations hinder businesses registered in or at least operating in the state and deter other companies from coming to California. In spite of the fact that California on its

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