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California Business Attorneys | Oakland CA
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Blog

Can I Open a Similar Business After Liquidating My Former Business in a Chapter 7 Bankruptcy?

March 21, 2023 by Ruth_Auerbach

You may open a similar business after filing Chapter 7 bankruptcy. Generally, someone cannot keep someone from operating a business and otherwise making a living. However, if you operate out of the same address at the same phone number, you may run the risk of creditors seeking further legal action against you. In addition, the …Read more

Filed Under: Bankruptcy & Restructuring, Business Formation

Ninth Circuit Allows Enforcement of Employment Arbitration Agreements in California

February 27, 2023 by Lonnie_Finkel

Ninth Circuit Court of Appeals Eliminates Obstacles to Enforce Employment Arbitration Agreements in California Under the Federal Arbitration Act. After nearly three years of legal challenges, the 9th Circuit Court of Appeals, in Chamber of Commerce v. Bonta affirmed a district court injunction striking down California Assembly Bill 51 (“AB 51”) because it is preempted …Read more

Filed Under: Agreements, Employment Practices

How Can My Business Avoid Bankruptcy?

February 15, 2023 by Ruth_Auerbach

There are several steps you can take to try to avoid bankruptcy and keep your business afloat: Create a budget: Review your finances and create a budget that includes all of your income and expenses. Make sure you have a clear understanding of your cash flow and where your money is going. Reduce expenses: Look …Read more

Filed Under: Bankruptcy & Restructuring

Changing the Legal Structure of Your Family Business to Ensure Your Professional and Personal Priorities Align as the Business Grows

January 31, 2023 by Lonnie_Finkel

The legal structure of your family business need not be permanent.  You can change the structure to meet the needs of your evolving family business.  Your business’ legal structure plays a role in determining your tax rates, governance and filing requirements, liability protections, transitions to the next generation, and more.  As your family business grows, …Read more

Filed Under: Business Formation

What is the Order of Payment to the Creditors in My Business’ Bankruptcy Liquidation?

January 23, 2023 by Ruth_Auerbach

When a corporate entity files for Chapter 7 bankruptcy and the assets are liquidated in its entirety, there is an order of priority in which creditors and third parties will have the right to their claim. Creditors with Secured Debt If the creditors are owed secured debt, that is, debt that is secured by assets …Read more

Filed Under: Bankruptcy & Restructuring

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Recent Posts

  • U.S. Court of Appeals for the Federal Circuit Upholds Major Trade Secrets and Contract Damages Award in Lawsuit Stemming from Failed Merger Talks
  • Fourth Circuit Court of Appeal’s Decision Finds that Likelihood of Confusion in a Trademark Case Depends on Much More than Geography
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  • Ninth Circuit’s Decision in Briskin v. Shopify, Inc. Significantly Expands Federal Court’s Personal Jurisdiction Over E-Commerce Companies
  • Finkel Law Group P.C. Joins More Than 800 Law Firms Signing the Amicus Curiae Brief Filed on Behalf of Jenner & Block
  • Finkel Law Group Joins the Amicus Brief Filed on Behalf of WilmerHale LLP in its Lawsuit Against the President of the United States
  • Enforcing Your Company’s Trademark Rights: Opposition and Cancellation Proceedings
  • The Securities Exchange Act of 1934: Key Aspects and Practical Insights for Your Business

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