Centauri Law Group P.C.
Call for a Consultation Today We Do Not offer free consultations
1-877-777-6790
Experienced Corporate Representation

Irvine Corporate Law Blog

Do this before you take on the role of joint venture CEO

new CEO.jpeg

Heading up a successful joint venture is no easy task. Many new joint venture CEOs are not fully prepared for the role they are undertaking. As such, they often do not know how to negotiate their employment contracts to their best advantage.

Since your performance as a JV CEO may be a huge stepping-stone in the advancement of your career, it is important to start your role from a solid base. Thoroughly research and lay out the particulars of your employment before signing on the dotted line by doing the following:

How will the new tax laws affect your business?

With last year's passage of the largest tax overhaul in decades, there will be some big changes in the 2018 tax season. The adoption of the Tax Cuts and Jobs Act will affect business owners, homeowners, parents and many others. How will it affect your company?

Tax changes are a comin'

Did the SynerMed closing affect your medical practice?

Earlier this year, information provided by a whistleblower led to the downfall of SynerMed, one of the nation's largest Management Service Organizations (MSOs). SynerMed and its parent company Pacific Alliance Medical Center both closed their doors effective November 30.

Wrongfully denied claims for thousands of patients

Contracts: what should be included in a non-disclosure agreement?

When a business in California is undergoing a merger or acquisition, it may be necessary to divulge information that would otherwise be kept confidential. However, the other party should not then use that information for its own gain or to the disadvantage of the business that divulged it. To prevent such situations from occurring, the parties might execute a non-disclosure agreement.

There are a number of elements that should be included in a non-disclosure agreement. First, the agreement should state who the parties to the agreement are. In addition, the information that is to be kept confidential should be defined. The receiving party's obligations should be described. If anything is to be excluded from being treated as confidential, this should also be included. If the party divulging the information wants the right to have it returned or destroyed, this should also be included. Finally, all terms of the non-disclosure agreement should be stated.

Deadline extended in cable giant's contract negotiations

California fans of cable television shows may lose out on some of their favorite channels, due to a dispute between Viacom Inc. and Charter Communications. A distribution deal between the network provider and cable television company was set to expire. If the deadline passed and a resolution was not reached, popular channels including Nickelodeon, Comedy Central and MTV would no longer have been available to Charter Communications customers.

Cable television customers may be relieved to hear then, that the two companies have agreed to extend the contract deadline for renewal. Initially it was set to expire on October 15. If a media blackout occurred, it could impact over 16 million customers.

Advantages and disadvantages of written employee contracts

Employees are critical to the proper functioning of a business. However, in some cases, they may become a great liability. For this reason, some employers teeter between at-will and written employee contracts.

Before you sign your next employee contract, make sure it is the best decision for you and your business. There are strong advantages and disadvantages to hiring employees with written contracts.

Protect yourself and family with a buy-sell agreement

Contracts are an important part of any business. They not only help to ensure the legitimate operation of a business, but also capture the intent of various operations and procedures. 

For a business owner, a buy-sell agreement may be essential to protecting her or himself and the family. As you determine the contracts you need for your business, consider the benefits and essential elements of a buy-sell agreement.

Tech industry awaiting Supreme Court contract dispute ruling

One rising star in the technology industry in California is the ridesharing company, Uber. However, just like any other company, Uber is not immune to employee complaints. In fact, one employee's case against Uber has reached the Supreme Court, and the technology industry is keeping a keen eye on the outcome of this case.

The dispute is a contract dispute. The woman who is pursuing the lawsuit against Uber had signed a contract that required her to go through private arbitration if she had a dispute with the company. The contract also required her to give up her right to join a class action lawsuit against the company. The Court will consider whether such clauses are enforceable.

A general overview of royalties in the entertainment industry

Many people doing business in California, especially in the entertainment industry, are paid in part through royalties. Royalties allow others to have access to intellectual property owned by another, while also providing the owner of the intellectual property with payments for that access. For example, one might earn royalties by selling their intellectual property, such as the copyright to a piece of written work, and then receiving payments that have their basis in the money generated from the sold intellectual property.

While each royalty contract is different, in general, there are some provisions that can be found in most of them. The contract will have a detailed definition and description of the intellectual property at issue and its owner. The contract will also contain provisions describing the scope of how the intellectual property can be used, as well as any limitations on its use. There will also be provisions regarding the royalties themselves. The contract will include statements regarding when the owner will receive the royalties, how the royalties will be paid and in what amount, along with how the parties intend to keep records of the royalties paid.

Watch our commercial to find out why you need a business attorney

Your business is going smoothly, so legal issues may be on the back burner. However, regulatory compliance, employment contracts, as well as contracts with vendors and suppliers are all a part of day-to-day operations. Forward thinking businesses need to address legal issues every step of the way to proactively mitigate risk and foster growth.

Legal issues that business owners need to address 

This is an advertisement for legal services.
The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. Contacting us does not create an attorney-client relationship. Please do not send any confidential information to us until such time as an attorney-client relationship has been established.

Email Us For a Response

Tell Us How We Can Help

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Our Office Location

Centauri Law Group P.C.
15615 Alton Pkwy
Suite 175
Irvine, CA 92618

Phone: 949-945-0414
Map & Directions