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Orange County Business Law Blog

Business litigation can create a David versus Goliath scenario

California is home to some of the world's largest and most successful companies. Some of the most notable include Apple, Wells Fargo, Alphabet (Google) and Disney. Over the years, these companies have expanded in revenue and size. Because of this, the government and private organizations often seek out ways to check this growth.

According to a CNN article, corporations continue to grow but trial lawyers may be responsible for "keeping them in check". One cited case to support this was a Supreme Court ruling that allowed iPhone owners to sue Apple for allegedly monopolizing the app market and then hiking up prices for apps in the iStore. Another case involved real estate agents reportedly colluding to ensure that even though consumers were doing most of the legwork via internet searches, they could still collect their 6% commissions.

How to form a strong partnership

When someone starts a business in Orange County and the surrounding area, one consideration is whether or not to bring on a partner. While there can be benefits to having someone with whom to run a business, a partnership is somewhat like a marriage. Each side needs to take steps to ensure protection in the event the partnership breaks up, and there needs to be ongoing communication and trust throughout the time together. 

According to Entrepreneur, there are a number of things the potential partners should do before even saying yes to forming a partnership. One is to perform, basically, a background check. Check references and speak with former employers, clients and partners. Check out social media accounts and perform an online search. 

Protecting your business during fraud litigation

No matter how large or small your California company is, protecting it from fraud may feel like an overwhelming task. Fraud may lead to devastating financial consequences, especially if you are not sure how to navigate all the legal aspects. At Cadden & Fuller LLP, we know that you need a comprehensive strategy to address fraud, and we have helped many clients successfully overcome related issues.

There are several different actions that may constitute business fraud. You may experience a situation where someone makes false statements about your company. Another example is a contract dispute where you may not agree with another party about the terms of your arrangement. You could also face a circumstance where one of your employees or shareholders engages in fraudulent activity. Even when the actual details of the fraud appear to be minor, the situation may have far-reaching effects that present challenges to your entire company.

How does California attract small businesses in spite of taxes?

California is well-known for having the highest individual tax rate in the country. In spite of this, some of the biggest and most profitable companies, such as Google and Facebook, call California home. In fact, CNBC estimates that California enjoyed the highest levels of growth in the private sector in March 2015, a trend that is not uncommon in California. Much of this came from small businesses.

So, how does California create growth in spite of high taxes, which you may assume chases businesses away? One good answer is tourism. Tourism is a great way to stimulate the local economy in any region. California features many hot spots for visitors, including national parks, famous cities, wine country and warm beaches. Tourists provide local businesses with additional customer base for cab drivers, bed and breakfasts, wineries and restaurants.

How a lawyer can help with due diligence during an acquisition

Acquiring a company is a huge decision. If you are planning on acquiring a company, you should know as much about the company you are targeting as possible.

The process of reviewing a company before an acquisition is called due diligence, and it is a crucial part of the acquisition process.

Common compensation methods for a breach of contract

When you enter into a contract, you expect the other party to fulfill their end of the bargain. However, in the real world, this doesn’t always happen.

If a person or business has breached a contract with you, you may be wondering what recourse you have. After all, their breach of contract may have cost you a lot of time and money.

REAP helps more minorities get involved in commercial real estate

According an ABC 10 report, Sacramento in California was a top market for real estate brokers in . In fact, the average broker commanded a three-figure salary of roughly $156,780. Believe it or not, even Los Angeles brokers made less money -- far less, at only $80,260.

That the best city to be a real estate broker happens to be in the Golden State is hardly surprising. California is rivalled only by New York when it comes to competitive real estate markets in America. However, every state in America grapples with one shared problem. Less than 1% of minorities hold top positions in commercial real estate.

Common compensation methods for a breach of contract

When you enter into a contract, you expect the other party to fulfill their end of the bargain. However, in the real world, this doesn’t always happen.

If a person or business has breached a contract with you, you may be wondering what recourse you have. After all, their breach of contract may have cost you a lot of time and money.

Examining potential consequences of business litigation

When a business lawsuit surfaces, the case could have an impact on the owner of a business and the future of their company in all sorts of ways. Aside from high levels of stress, sleep problems, depression and a great deal of uncertainty, some business owners may experience other challenges due to a lawsuit that is targeting their company. In fact, some of these cases can be so detrimental that they push a business owner to shut their doors altogether. If your business is being taken to court for any reason, whether you are being sued by a current or former staff member, a competitor or one of your business partners, it is essential to be prepared.

Business litigation can be devastating from a financial angle. Often, business owners face steep financial penalties, legal fees and other financial consequences. In fact, an unfavorable outcome in the courtroom could affect sales and it may even prompt other people to take legal action. Furthermore, the damage to a business' reputation may be irreparable, and this shattered image could plague the business for years to come.

Avoiding partnership disputes: It can be done

In the world of business, great partnerships are a story that no one tires of hearing. Whether it’s two longtime friends who had a great idea or two strangers who found one another while trying to solve the same problem, business partnerships are almost a romantic idea.

Unfortunately, they often end the way that many romances do – on bad terms and with both sides losing significant amounts of money. Litigated partnership disputes are a big financial drain on a business. But can they be avoided? And if so, how?

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