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Demand for Corporation Books and Records

June 12, 2019

As a general rule, corporations and their boards are subject to scrutiny by their shareholders. One of the ways that stakeholders can review and scrutinize a corporation is through a demand for corporation books and records, also known as inspection rights. These rights allow a …

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Recent Blog Posts

I received a call from a husband and wife (both attorneys)

June 2019

I received a call from a husband and wife (both attorneys). They had waived their contingencies but felt they had a 3-day period in which to cancel after certain disclosures. But they didn’t want to cancel in case the Seller tried to keep their $100K …

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A potential client owns a retail store in a shopping center in DTLA

June 2019

A potential client owns a retail store in a shopping center in DTLA. He renewed his lease in November but now the landlord has notified him that they are closing the center entrance next to his store for 2 years of construction. He is worried …

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Some potential clients question whether an oral contract is even enforceable

June 2019

Some potential clients question whether an oral contract is even enforceable. (Yes, they are). The same goes for partnerships–there is no requirement that there be a written partnership agreement. In fact many partnerships are based on a handshake or just a history of behavior. Of …

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Our client entered into a contract to purchase a property

June 2019

Our client entered into a contract to purchase a property. The Seller, however, later found a better deal and reneged. We are suing for specific performance to force the sale. The Seller has answered that he is depressed and therefore unable to enter into contracts …

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I had a case where a consultant sued my clients claiming an oral joint venture to build a cellular paging company in Mexico

June 2019

I had a case where a consultant sued my clients–Directors of a bank–claiming an oral joint venture to build a cellular paging company in Mexico. He claimed that he was promised a new Cadillac, $50,000, a percentage of the profits and more. At trial I …

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Our client entered into an oral contract

June 2019

Our client entered into an oral contract. The plaintiff would contribute seed money to get the business going. Our client would enter into a lease, contribute money and start the business (do the work). Plaintiff would sell the final product for a higher-than-normal commission. Or …

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