Arbitration is a form of alternative dispute resolution that is commonly used in business transactions and for consumer complaints. Many contracts contain arbitration clauses that require disputes be submitted to binding arbitration. When an arbitrator hears a case and makes a decision on the issues, that decision is final unless the decision is appealed. Arbitration …
Class action lawsuits allow groups of plaintiffs to take legal action against a common defendant. One case with many plaintiffs is brought. Class actions frequently settle out of court, although they can go to trial. Plaintiffs in a class action are compensated based on the terms of the settlement agreement or the damages awarded by a jury. …
Many companies and individuals prefer arbitration to litigation because arbitration is considered to be more private. When you litigate a dispute, the court room may be open to the public and anyone can attend the hearings. The press may write about interesting business disputes and include details from the court hearings. The evidence presented at trial …
Many business disputes are resolved through arbitration. Some companies prefer arbitration to litigation as a means of limiting costs. Arbitration clauses are included in many standard form contracts, with parties free to either agree to arbitration or walk away from the transaction. Businesses can also negotiate on the issue of arbitrating disagreements when entering into …
How to Select an Arbitrator to Arbitrate Your Dispute? Read More »
A corporation is a legal entity that is separate and distinct from its owners. The corporate identity is created when incorporation papers are filed and approved by the state of California. When the corporation is dissolved, it no longer exists as an entity. This can make it difficult to make claims against the corporation after …
Can I Collect a Judgment Against a Dissolved Corporation? Read More »
Arbitration is a form of alternative dispute resolution that is frequently used in business litigation. It is very common for commercial contracts to contain arbitration clauses requiring that all disputes arising from the commercial transaction be resolved in arbitration. Parties who become involved in a disagreement may also decide at the time of the conflict …
When you file paperwork for your business to become a California corporation, your company gets its own identity. The corporation exists as an independent “person” under the law. The corporation also has ongoing obligations that it must fulfill. If the company does not do all of the things required of it each year, you could …
Do You Need to Dissolve a Corporation That Never Did Any Business? Read More »
Title insurance is purchased when property is bought or sold. Title insurance protects the buyers in case there is a defect in the title that results in expenses to the owner or that reduces the value of the property. When a mortgage is used to purchase property, lenders title insurance is generally also required as a …
Are Zoning Issues Covered By Title Insurance in California? Read More »
Creditors need to consult with an attorney for advice on the legal steps they may take to try to collect a debt, while those who owe money may also need legal assistance in dealing with creditor actions. Creditors and debtors have a contractual relationship. The debtor agrees to repay money that the creditor lends, based …
Free Report: What Can a Creditor Do to Collect Debt in California Read More »
There are a huge number of laws on the state and federal level that apply to business transactions. These laws range from the Securities Act of 1933 to the anti-discrimination provisions of Title VII of the Civil Rights Act to wage and hour laws to the Uniform Commercial Code. Some laws impose limitations on businesses …