Last week we discussed pending legislation working its way through the U.S. Congress that would strengthen several statutes to better protect protect IP owners from trade secret misappropriation and provide them with more sweeping and powerful remedies in the event their trade secrets are stolen. This week we discuss several pieces of legislation being proposed […]
Pending Trade Secret & Copyright Legislation Could Further Protect American IP Owners
Several bills moving their way through the United States Congress would establish or substantially amend certain federal statutes pertaining to protecting, enforcing, and exploiting trade secrets and copyrights created in the United States. Some legislation is aimed at establishing a private right of action for trade secret theft under federal law and to prevent trade […]
Forum Selection Clause Enforceable in Federal Court
Over the years we have had clients from time to time question the time and effort it takes our attorneys to prepare a clear, enforceable contract. Some of them belittle the provisions as nothing more than “boilerplate” that they could have found searching legal form on the Internet. Not only does it take quite a […]
Tax Issues to Consider When Forming a California Partnership
Previous posts have discussed the many factors entrepreneurs should consider when forming and organizing a new business enterprise. One of those factors is whether the business is initially expected to generate profits or losses and the tax consequences of those profits and losses on the founders and other investors. The tax consequences of the profits […]
Tax Considerations for California S Corporations
Last weeks blogs discussed tax considerations of C-Corps. This week’s blog discusses some similar tax considerations of S-Corps, which is a form of flow through entity for tax purposes. The net income of an S corporation is not taxable at the corporate level. Instead, it flows through to the individual shareholders. The shareholder is taxed […]
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