California Lawyers Association

Business Law

Updates and events from the Business Law Section

Ubaldo and Leobardo Lopez were allegedly injured when the American Medical Response West (AMR) ambulance in which Leobardo was being transported collided with another vehicle. Read more
The Ninth Circuit Court of Appeals (the Court) recently ruled that a student financial aid advisor, who mailed solicitation packets to current and prospective college students pertaining to their ability to apply for scholarships and grants in aid, was a “covered person” subject to the Consumer Financial Protection Bureau’s (CPFB) civil enforcement authority and that the net impression of the solicitations was deceptive.  Consumer Fin. Prot. Bureau v. Aria, 54 F.4th 1168 (9th Cir. 2022). Read more
In Milestone Financial, LLC v. Moon, (In re Moon), 648 B.R. 73 (B.A.P. 9th Cir. 2023), the Bankruptcy Appellate Panel for the Ninth Circuit (“BAP”) recently affirmed a bankruptcy court decision which had concluded that: (1) a forbearance agreement was usurious and not exempted from usury just because the orginal loan might have been exempt and (2) the creditor was entitled to post-maturity interest on the loan under California law.  Read more
Nursing facility’s arbitration agreement is unenforceable against cognitively impaired patient. Read more
The LLC, or Limited Liability Company, is a unique business entity that has many financial and social benefits. Falling somewhere between a general partnership and a more formal corporation, the LLC creates a layer of protection for individual members and offers great tax incentives. Read more
   The 2016 Cybersecurity Law (“CSL”) is the first top-level legislation imposing a data localization requirement on the operators of critical information infrastructure (“CII”) in China. Read more
Colorado Bankruptcy Court grants motion to convert case from Chapter 11 to Chapter 7, concluding that debtor’s bad faith filing did not justify dismissal of the case despite debtor's possible ownership interests in cannabis-related entities, as conversion to Chapter 7 was in the best interest of creditors.  See In re Roberts, 644 B.R. 220 (Bankr. D. Colorado 2022).  Read more
In a recent opinion, the United States Bankruptcy Court for the District of Kansas (the Court) ruled that when the contingency on a chapter 13 debtor’s interest in trust property was removed post petition, the value of that interest became property of the bankruptcy estate, was subject to the best interest of creditors’ test, and therefore must be distributed to unsecured creditors by way of a modified chapter 13 plan.  In re Wright, 2022 WL 17661135 (Bankr. D. Kan. Dec. 13, 2022). Read more
On February 22, 2023, the United States Supreme Court held that 11 U.S.C. §523(a)(2)(A) bars a debtor from discharging a debt “obtained by … fraud,” regardless of her mental culpability with respect to incurring the debt. Bartenwerfer v. Buckley, No. 21-908, slip opinion, 506 U.S. ___ (2023). Read more
On the heels of the highly successful California Lawyers Association (“CLA”) Leadership Meeting last January in Monterey, I am very pleased to report that our Section is busier than ever, engaging its members on multiple fronts. Read more

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