The Who, What, Where, When, Why, and How of the New Corporate Transparency Act (CTA) Reporting Requirements. Your Quick Guide to the New Law that has Everyone Asking Questions.

Schneiders & Associates, LLP is reaching out to provide some clarity and general information regarding the Corporate Transparency Act (“CTA”).  Some of you may have heard about the new law, and like many of us when first learning about it, were left with more questions than answers.  Please be aware that while...

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CLICK-TO-SUBSCRIBE, CALL-TO-CANCEL: Unveiling Negative Option and Auto-Renewing Contracts

Negative Option Marketing Overview:

The Federal Trade Commission (“FTC”) broadly defines "negative option marketing" as a category of transactions where a consumer customer's failure to take affirmative action, either to reject an offer or cancel an agreement, is interpreted as consent to be charged for goods or services. This...

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Corporation Shareholder Rights to Inspect and Participate

The California Corporations Code, as well as common law not found in the statutes, provide for shareholder inspection and participation rights in a corporation.

California Corporations Code section 1601(a)(1) provides that any shareholder is entitled to inspect and copy the following, at any reasonable time during usual business hours...

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Coronavirus and Covid-19 Issues and Defenses in Contracts

By Kathleen J. Smith, Civil Litigation Attorney

Let’s be clear—Covid 19’s pandemic shutdown may affect your company’s ability to perform its contracts, but it’s no panacea for avoiding all your business obligations. Your contracts may contain variously worded “force majeure” clauses. That doesn’t mean you can ignore paying for...

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Should I Incorporate My Business?

By: Theodore Schneider, Esq. The primary advantages of operating as a corporation are liability protection and potential tax savings. Like any important decision, choosing whether to incorporate involves weighing the pros and cons of the various business structures and requires careful research. Once incorporated, the business becomes a separate legal entity, and assets of the...
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