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Investors in California can earn handsome returns when they hold stocks in companies that become the target of proposed mergers or acquisitions, but they usually lose money when these deals fall through. Rite Aid stock soared when Walgreens announced a proposed merger...
In California, interested parties to a will can go to court to resolve disagreements over how the estate should distribute the deceased’s assets. The interested parties include a larger group than the named beneficiaries, and they can challenge the will’s validity,...
Enforceable obligations are an essential aspect of any business agreement. When two parties enter into a contract in California, they have certain expectations and responsibilities that they must fulfill for their own benefit. However, there are situations where one...
An executor named in a testator's will plays an essential role in probate administration. An efficient and thorough executor may handle the necessary duties for processing a last will and testament in a California probate court. Some might wonder whether the executor...
Operating a business in California can be a Darwinian struggle for survival. Not only must you serve your customers, but also third parties can interfere with your most important business relationships. Fortunately, you are not left to your own device when a...
Estate planning allows for someone to provide financial and practical support for their loved ones and to leave a lasting impression on the world when they die. Given that many adults do not embrace the estate planning process, families often feel grateful to learn...
A power of attorney grants a person significant financial or healthcare decision-making authority over someone else. The power of attorney allows one party to act on behalf of another party, who is referred to as the principal. A principal can typically revoke POA...
In California, shareholder derivative lawsuits are governed by Section 800 of of the California Corporations Code. Generally, shareholder derivative actions involve one or more shareholders filing an action on a corporation’s behalf. Under Section 800, these...
A trustee plays a very important role in the administration of a trust. Their responsibilities usually include properly managing trust resources, which could include taking physical care of assets or making determinations about financial investments. They owe a...
In California, defamation involves someone making false statements about another, causing harm to the subject’s business, property, occupation or profession. The defamatory statements may be slander, which involves negative or damaging statements that are made by...