Fiduciary Duties Business Partners Have to Each Other

Fiduciary Duties Business Partners Have to Each Other

Business partners have duties to other partners within the partnership. This may seem obvious, but the scope of these duties has been developed over many years in California.   In general, the fiduciary duties that one partner owes to another partner are best...
Fiduciary Duties Business Partners Have to Each Other

Who Can Decide to Voluntarily Dissolve a Corporation?

A corporation can decide that is no longer wants to do business, but in order to make this decision someone must act. Depending upon the circumstances or the corporate bylaws, voluntary dissolution can be initiated by shareholder action, by action initiated by the...
Obtaining Payoff Demand Statements to Clear Title

Obtaining Payoff Demand Statements to Clear Title

In our December 09, 2013 post, we discussed the problems that a lien on property can cause buyers and sellers who are trying to finalize the sale of property. In that post, I also discussed Quiet Title Actions – the most common remedy for dealing with defects in...