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October 6, 2022
A corporation with an "active-pending termination" status can be returned to Active status by filing a Revocation of Election to Terminate, also known as a Revocation of Election to Wind Up and Dissolve.
October 4, 2022
Seyfarth Synopsis: Taking it down to the wire, Governor Newsom approved the vast majority of labor and employment bills that ran the legislative gauntlet, including bills that will...
September 30, 2022
California business trust may be foreign corporation. Corporations Code Section 170 defines foreign association as business association organized as trust under laws of foreign jurisdiction. Business trust foreign association for purposes California General Corporation Law.
September 30, 2022
This edition summarizes key employment law developments over the past six months, including amendments to the rules implementing the SEC’s whistleblower program, partnerships among U.S....
September 29, 2022
This edition summarizes key employment law developments over the past six months, including amendments to the rules implementing the SEC’s…
September 26, 2022
California's Limited Liability Company Act says when LLC is a manager-managed limited liability company, every manager is an agent of the LLC for purposes of business or affairs. This leads to question of manager's authority as agent to execute documents on behalf of LLC.
September 26, 2022
California's Limited Liability Company Act provides that when an LLC is a manager-managed limited liability company, as defined in Corp. Code § 17701.03(o), every manager...
September 26, 2022
California's Limited Liability Company Act provides that when an LLC is a  manager-managed limited liability company, as defined in Corp. Code § 17701.03(o), every manager is an agent...
September 26, 2022
California's Limited Liability Company Act says when LLC is a manager-managed limited liability company, every manager is an agent of the LLC for purposes of business or affairs. This leads to question of manager's authority as agent to execute documents on behalf of LLC.
September 22, 2022
Most forms of California business entities have statutory buyout procedures allowing the company or its owners to avoid claims by a disgruntled owner for judicial dissolution by...