Businesses face risks on a daily basis. Certain risks, like entering a new marketplace, have positive consequences which lead to growth and increased profitability. read more
Business owners who lease their premises and who are facing upcoming lease renewals or new leases should consider certain lease provisions that may make business owners more nimble in the face of economic challenges: read more
Financial Institutions & Creditors' Rights Client
District Court Holds That Default Interest Cannot Be A Penalty Where Triggered By Maturity Default
A recent decision by the District Court for the Central District of California, however, holds that section 1671(b) does not apply to a default interest rate imposed upon maturity as a matter of law. read more
Financial Institutions & Creditors' Rights Client
California Supreme Court Ruling Benefits Lenders With Multiple Liens Secured By The Same Real Property
The court in Black Sky Capital, LLC v. Cobb (2017) held that Section 580d does not preclude a "sold-out" junior lienholder from seeking a deficiency judgment, even when the same lender holds both the senior and junior liens. While Black Sky was positive for lenders, the case created a split of opinion on this issue among courts of appeal, which could only be resolved by the California Supreme Court. read more
With less than a year before the California Consumer Privacy Act takes effect, companies should begin to plan for compliance. read more