Business Transactions Archives

Employers Must Pay For Small Amounts Of Time Employees Spend On Work After Clocking Out

A new potential trap for employers was set forth in a recent decision by the California Supreme Court in Troester v. Starbucks Corp. The Supreme Court ruled that employers must compensate its employees for minutes of work that are regularly reoccurring activities, even if it is brief in duration.

Better Late Than Never - Late Notice May Not Be Detrimental To Coverage Under An Occurrence Policy

As anyone who has ever tried to read through an insurance policy can attest, there are pages upon pages of terms, conditions, exclusions, limitations, definitions, and ... notice requirements. Most notice requirements in policies mandate that notice of a claim be provided in a prompt or timely manner. While the failure to strictly adhere to the policy's notice requirements can result in a forfeiture of coverage, late notice may not always be detrimental. In Marty Lat v. Farmers New World Life Insurance Company (10/16/18 Court of Appeal 2nd Dist.), the Court of Appeal held that an insurance company may not deny an insured's claim under an occurrence policy based on lack of timely notice or proof of claim unless the insurer can show actual prejudice from the delay.

New Appeals Court Decision Makes It Harder for Businesses to Protect Themselves from Ex-Employees

In AMN Healthcare, Inc. v. Aya Healthcare Services, Inc., the Court of Appeal held that a "Nonsolicitation of employees" provision of a standard Confidentiality and Non-Disclosure Agreement signed by employees who later left to compete against their former employer was void and unenforceable as an improper restraint of the employees' right to practice in their chosen profession.

3 Items For Your Winter Corporate Check-Up

One of BKCG's main goals is to help our clients avoid legal problems from occurring in the first place and, with that in mind, based on our clients' experiences and recent legal developments, we suggest you consider doing the following 3 things to help your company stay out of legal peril.

How can I find investors for my business?

Finding the right investors are an important part of achieving success for your business. However, finding investors can be tough for many people, especially if it’s your first time entering into the process. Forbes offers the following advice in this case, which can help you access potential investors using many different methods.

3 Ways To Protect Your Interests In A Business Transaction

Making deals and ensuring income is often the top priority for many business owners. Because of this this, business transactions and contracts have become the bedrock of the corporate world. But when these deals take a turn for the worst, they can become expensive problems for everyone involved.

What to consider when selling a business

If you are thinking about selling your business, it's usually because you've been doing so well that it's clear you'll be able to reap the rewards of your hard work and are looking forward to retirement or investing in a new enterprise. Before you place a listing in all the trade magazines and websites, it's time to do some serious reality checks and make sure you won't be surprised when the offers start rolling in.

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