Change Will Open the Private Securities Markets to More Participants August 2020 The Securities and Exchange Commission adopted amendments to the SEC rules which expand the definition of who will qualify as an “accredited investor.” Historically, individuals have been required to meet minimum requirements for either income ($200,000) or net worth ($1,000,000) before they can [...]
October 2019 If you plan on purchasing a California business, you should be aware of California’s Bulk Sales Law. The law is designed to protect a business’ creditors and prevent a situation where a seller walks away with the sale proceeds, leaving creditors unpaid. Generally, a buyer would not be liable for a seller’s debts [...]
June, 2019 When starting a business, it’s easy for owners to make legal mistakes that can prove costly down the road. Avoiding these missteps will keep your new venture on the path to prosperity. Over-complicating the Formation. Don’t try to structure your business to accommodate every future contingency. Instead, design the business to address [...]