Business Law

Due to a change in CEB policy, all images of publicly available third-party forms, such as Secretary of State and UCC forms, have been deleted throughout the book. See, e.g., §3.28, 3.29, 3.84-3.85, 3.114, 6.53. Internet links to those forms are provided where available. The discussion of the parol evidence rule and statute of frauds at §2.11 has been revised and updated.  California courts have held that the statute of limitations set forth in the Code of Civil Procedure will… Read more

Courtesy of CEB, we are bringing you selected legal developments in areas of California business law that are covered by CEB’s publications. This month’s feature is from the January 2026 updates to Organizing Corporations in California and Secured Transactions in California Commercial Law Practice. References are to each respective book’s section numbers. Legal developments covered include the One Big Beautiful Bill Act (OBBBA), the Corporate Transparency Act (CTA), the California Combating Auto Retail Scams Act (CARS Act), and more. The One… Read more

Business Law Section Member Kristin Mihelic joined the BLS in 2016 and joined the Executive Committee in 2020. She previously served as Co-Chair of the ILC Education Committee and as Vice Chair of Programs for the BLS Ex Comm.  She was elected at the Ninth Circuit Judicial Conference to a three-year term on the Conference Executive Committee.   She is enthusiastic about working with the bench and Lawyer Representative to develop an enriching and valuable Ninth Circuit Judicial Conference that encourages… Read more

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In Zac Fancher v Tulare County, the BAP affirmed dismissal of Plaintiff’s claims, ruling that claim preclusion barred re-litigation of issues already decided in state court and that the abatement lien was valid as it attached by operation of law, regardless of recordation timing, upholding the county’s abatement actions in bankruptcy. Read more

California Assembly Bill 483 caps early termination fees on fixed-term installment contacts at 30% of the remaining contract amount. Signed into law by Governor Newsom on October 10, this legislation requires clear disclosure of these fees. It goes into effect for contracts entered into or modified on or after August 1, 2026. Read more

The California Combating Auto Retail Scams (CARS) Act was signed into law by Governor Newsom on October 6. Effective October 1, 2026, the law is designed to increase transparency and consumer protection in the car buying process by holding automobile dealers to stricter requirements. Read more

The following is a case update written by ILC Advisor Lieb M. Lerner analyzing In Re Svenhard's Swedish Bakery,  ___ F. 4th ___, 2025 WL 2627837 (9th Cir. Sep 12, 2025), a recent case of interest. Read more

On October 8, 2025, the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN), in collaboration with the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the Office of the Comptroller of the Currency, issued several frequently asked questions (FAQs) concerning suspicious activity reports (SARs). These new FAQs clarify SAR obligations related to potential structuring, continuing activity reviews, and decisions to not file a SAR. Read more

The following is a case update written by Hale Andrew Antico, Chief Counsel of Antico Law Firm, analyzing FAB 5 LLC v. Dye (In re FAB 5 LLC),  2025 WL 2556098 (B.A.P. 9th Cir. Sep 5, 2025). Read more