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The new Pomona ordinance requires large retail establishments to provide their workers with premium pay of $4.00 for each hour worked, and published a Hero Pay Ordinance Fact Sheet. The ordinance took effect immediately and will remain in effect at least until June 29.
On March 1, 2021, the City Council of Pomona, California, passed an ordinance that establishes premium pay for retail food workers during the COVID-19 pandemic. Pomona is an...
To embed, copy and paste the code into your website or blog: The California Revised Uniform Limited Liability Company Act authorizes the conversion of a limited liability company into various other types of entities, including a corporation. Cal. Corp. Code § 17710.02. Following conversion, the succeeding entity is for all purposes (with certain exceptions under the Revenue & Taxation Code) "the same entity that existed before the conversion and the conversion shall not be deemed a transfer of property". Cal. Corp. Code § 17710.09(a). If there is no transfer of property, could there...
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To embed, copy and paste the code into your website or blog: Under California’s Revenue and Taxation Code, the purchase price of real property usually creates a rebuttable presumption regarding the property’s “fair market value.” However, for that presumption to apply, the sale must be a true “open market transaction” with both the buyer and seller acting on their own volition and under no particular duress. Does a trustee’s sale (aka nonjudicial foreclosure sale) fit that description? An opinion recently published by California’s First Appellate District — Facts: purchas...