Fiduciary Responsibilities and Your Business
Individuals in a position of trust within a business have a set of fiduciary responsibilities to act solely in the best interests of the organization and its stakeholders. This includes obligations like loyalty, care, and operating in good faith. Understanding these principles is essential for directors, trustees, and managers who make decisions...
Corporation Shareholder Rights to Inspect and Participate
The rights of shareholders in corporations are essential to ensure that those who invest in a company have a say in its operations and oversight. Among these rights, the ability to inspect corporate documents and participate in key decisions stands out as crucial. These rights enable shareholders to access important information about...
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...
Key Areas to Be Aware of When Starting a Business
When starting a business in California, there are several laws and regulations that entrepreneurs should consider. It's important to consult with legal professionals to ensure compliance, but here are some key areas to be aware of:
Business Structure:
Choose a legal structure for your...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...
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...
Annual Employment Law Update, 2021 – Webinar
The emergence of COVID-19 has changed the world as we once knew it; therefore, it should come as no surprise that the virus would impact employment law as well. California’s ever-changing employment laws will have employers scrambling to keep up in 2021! What are the reporting requirements if someone is exposed to...
Starting a New Business – Common Start-Up Costs
Starting a new business is an exciting time. For serial entrepreneurs, starting a new business is often more routine because they have developed a system from their prior ventures. For those who are just diving into entrepreneurship, understanding how to handle the early stages of the business, such as start-up costs, won’t be so routine. If you...