California Lawyers Association
Business Law
Updates and events from the Business Law Section
A non-English speaker is bound by an English-language arbitration agreement unless he is prevented from obtaining assistance in understanding it.
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An inherited 401(k) account is not property of the estate and not subject to turnover by the debtor to a chapter 7 trustee.
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The Nonprofit Organizations Committee of the Business Law Section of the California Lawyers Association is pleased to announce that, on October 5, 2021, Governor Newsom signed its sponsored cooperative corporations bill, AB 283 (Assemblymember Chen).
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Letter from a debt collector extending an offer to settle a credit card debt in full that failed to inform the consumer about potential accruing interest and fees was not a violation of the FDCPA.
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Automatic stay in a bankruptcy proceeding did not prevent a judgment creditor from renewing a judgment while the case was pending, but Bankruptcy Rule 108(c) extended the time to renew until 30 days after the stay was terminated.
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Please join the Nonprofit Organizations Committee for a program on the topic, An Overview: Use of New Markets Tax Credits for Your Organization: A Tool for Equity and Low-Interest Loans for Expansion and/or for Working Capital, presented by Beth Bergman and Michael Allderdice.
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In appropriate circumstances, reverse veil piercing is an available remedy for a judgment creditor who could not collect directly from the judgment debtor.
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Court dismissed chapter 7 trustee's constructive fraudulent conveyance claim against defendant electrical company and rejected trustee's theory that defendant failed to provide services to a property owned by a third party with whom debtor had contracted to manage a portfolio of properties that included the subject property.
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The Corporations Committee and the Nonprofit Organizations Committee of the Business Law Section of the California Lawyers Association are pleased to announce that, on October 5, 2021, Governor Newsom signed their sponsored corporations and nonprofits governance bill, AB 663 (Assemblymember Chen).
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A legal fee award entered in a civil action that is litigated parallel to and intertwined with ongoing dissolution proceedings comes within the scope of 11 U.S.C. section 523(a)(15).
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