What the Sriracha Hot Sauce Controversy Can Teach Other Business Owners
I was recently interviewed by Don Simkovich for his website www.examiner.com regarding how business and property owners can learn how to protect themselves from controversies similar to those facing Hong Fong Foods, the company who makes Sriracha. The article is What Business Owners Can Learn from the Sriracha Hot Sauce Controversy.
City May Waive Bidding Defect When It Is Inconsequential
In a recent decision, a California court found that a city may waive a bidding irregularity when it is inconsequential to the City’s decision. Here, the City of San Leandro (the “City”) selected the lowest bidder, Oliver DeSilva, Inc., even though one page was missing from its bid package. A copy of Bay Cities Paving & […]
Investing in Real Estate With a Partner
You have found a perfect property but you realize you need a partner to close a deal. Choosing to have a partner can be for a variety of reasons. It helps to shoulder some start-up costs, helps to offset the risk of the investment, you may not need to put as much money upfront, and […]
California’s Beverly-Killea Limited Liability Company Act Set to Expire
California’s Beverly-Killea Limited Liability Company Act (Cal. Corporations Code Section 17000 et seq.) is set to expire on January 1, 2014. It will be replaced by the California Revised Uniform Limited Liability Company Act, which will regulate limited liability companies (“LLC”) after January 1, 2014. The new Act will apply to all LLCs within California; however, […]
Dissolving a Partnership?
Although all partnerships start with great intentions and the hope for success, there are many circumstances when a partnership does not work out. It can be a dispute between partners, lack of profit, or a myriad of other reasons why a partnership must dissolve. If there is a partnership agreement, generally the partnership agreement will […]
Clauses that Every Partnership Agreement Needs
It is very important for every partnership to have a written agreement that spells out the duties, rights, and responsibilities of each partner. No matter how small the partnership is and how friendly the partners are at the time of the partnership formation, it is important that a written partnership agreement clearly details what the […]
What is a Mechanics Lien?
A Mechanics Lien is a hold against a property filed by an unpaid contractor, subcontractor, or material supplier. It is recorded with the county recorder’s office. If it goes unpaid, the unpaid contractor, subcontractor, or material supplier can file a foreclosure action to force the sale of the property in order to get paid. It is […]
Three Day Notices in a Commercial Eviction
Commercial evictions can be different from residential evictions in many ways. One very important difference is that in a commercial eviction, a landlord may accept a partial rent payment after a Three Day Notice is served on a tenant and still continue with an unlawful detainer. However, the landlord must provide the tenant prior notice […]