by Lee Chen | Mar 7, 2017 | Asset Protection, Business planning, Law
We often advise clients who want to loan money or participate in an investment to “get adequate security” for their investment. The purpose of getting additional security for your loan is so that you have something else that you can go after if the loan goes south....
by Lee Chen | Feb 14, 2017 | Asset Protection, Business planning, Corporations, Law, Litigation, Real Estate, Small Business
We frequently hear from clients who have been told by others that they should incorporate in Nevada (or other states outside of their home state) in order to take advantage of their favorable laws. We have seen many individuals persuaded into incorporating in a...
by Lee Chen | Jan 24, 2017 | Business planning, Small Business, Tax Planning
On January 12, 2017, an appeals court in California ruled, in a closely watched case of Swart Enterprises, Inc. v. Franchise Tax Board (Appeals Case F070922), that a non-resident of CA was not “doing business in California” and therefore not liable for California...
by Lee Chen | Dec 6, 2016 | Asset Protection, Business planning
In one of the more highly publicized cases of this year, in March 2016, a Florida jury in the case Bollea v. Clem awarded Hulk Hogan $115 Million in compensatory damages and $25M in punitive damages against the owners and operators of the Gawker website. Gawker was...
by Lee Chen | Nov 15, 2016 | Asset Protection, Business planning, Law, Small Business
Lets face it, we all have to deal with contracts, many of us on a daily basis, and it is the law of contracts which forms the very foundation for our civil and commercial society. The main purpose of a contract is to memorialize and confirm the intentions and future...
