Under Assembly Bill 2616, signed by Governor Brown on September 24, 2016, the California Coastal Commission will be reconfigured and will seek to "advance principles of environmental justice and equality." The new guideline impacts the commissioners to be...
Creative Solutions. Dedication. Guidance.
Month: September 2016
What is a “hybrid corporation”? Is it similar to a c-corporation?
Traditionally, directors of for-profit businesses are required to perform his or her duties in a manner that he or she believes is in the best interests of the corporation and its shareholders. This is often referred to as the duty to maximize financial return to...
Businesses Beware: Final paychecks are required for “retiring” employees too
Last month, the California Supreme Court handed down a decision that held that businesses must pay employees that "retire" in the same manner as prescribed by the Labor Code for employees who "quit." (McLean v. California, 1 Cal. 5th 615 (2016).)Under current...
Join Us: Scare Away Hunger Peanut Butter Food Drive
Please join us in collecting peanut butter for the North County Food Bank throughout the month of October. Our office is happy to announce that we have a donation barrel for the Peanut Butter Food Drive in the front lobby of our building, so please drop by, say...
Arbitration Provisions in Residential Lease Agreements
Residential landlords must be careful in the wording and explanation of arbitration provisions in lease agreements, especially with Spanish speaking residents. In a recent case, Penilla v. Westmont, a California Appeals Court found that an arbitration provision in a...
Does a “DBA” protect my corporate trade name?
"I obtained a DBA ("doing business as") for my corporation by filing a fictitious business name statement. Does that mean that the name of my business is protected from others who may want to use it?"Unfortunately, quite a few small business owners are under the...
The Loftin Firm, P.C. Nominated as Small Business Awards Finalist in 3 Categories
The Loftin Firm, P.C. is proud (and humbled) to announce that the firm has been nominated by the Carlsbad Chamber of Commerce as a finalist for the 2016 Small Business Awards in the following categories: (1) Excellence in Professional Services, (2) Employee...
Fiduciary Duties in Nonprofit Organizations
"I'm a member of the Board of Directors of a local nonprofit organization and have been told that I owe a 'fiduciary duty' to the tax-exempt organization. What is a fiduciary duty?"It's very common for volunteers serving on a board of directors of a nonprofit...
