Business Law

Court was unwilling to expand the bank's duties to include investigating and disclosing possible fraudulent activity and found bank's nonsuit was properly granted. Read more

In calculating the deficiency amount of a judgment following a foreclosure sale, the court properly deducted from the amount due the greater of (a) the fair market value as of the date of the foreclosure sale or (b) the sale price of the property. Read more

The Nonprofit Organizations Committee is pleased to announce our upcoming presentation of "Gift Acceptance Policies: Why, When, What, How, and Who" by Barbara Rhomberg. Read more

The following regulatory information may be of interest to attorneys practicing insurance law. Read more

The discovery rule does not apply to toll the statute of limitations to enforce a note payable on demand, as set forth in UCC § 3-118(b). 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 September 2020 update to Sales and Mergers of California Businesses. References are to the book’s section numbers. The most significant legal developments since the last update include developments in such important topic areas as federal and state taxation, securities law, the CARES Act, and matters relating to the COVID-19 pandemic. Read more

It is beyond obvious that computers have radically changed commercial practices. Something more than the traditional paper instruments is needed in a world where asparagus loaded being loaded on a plane at LAX will be on a dinner plate in Tokyo the next evening. This need is filled by documents produced on and exchanged by computer. Some of these changes employing computers go beyond the production and exchange of documents and instruments and constitute electronic assets with or representing value, such as virtual currency. Read more

Welcome to the 2020-2021 California Lawyers Association (CLA)/Bar year! Working with BLS has been a rewarding, humbling endeavor and it is an honor to serve as BLS Chair. Read more

It has been an honor to serve as Chair of the Business Law Section (BLS) during this challenging year. The BLS has a long and vibrant history going back to 1977, as part of the State Bar of California, and now as part of the California Lawyers Association (CLA). The BLS has around 7,000 members from across the state. The theme of the 2019-2020 CLA/State Bar year is Part of Something Bigger Than Ourselves. Read more

In Richards v. PAR, Inc., 2020 WL 1451906 (7th Cir. 2020), the Seventh Circuit ruled that under the Fair Debt Collection Practices Act courts must look to state law to determine whether a repossession company has a present right to possess the property at the time it was seized. Read more