Becoming an S corporation for United States federal income tax purposes can be a very enticing thing to do. S corporations are unique in that they don’t pay federal income taxes. The incomes and losses are divided among the corporation’s…
Becoming an S corporation for United States federal income tax purposes can be a very enticing thing to do. S corporations are unique in that they don’t pay federal income taxes. The incomes and losses are divided among the corporation’s…
Alan Insul, a Los Angeles attorney limiting his practice to business, corporate, and real estate, provides pertinent commentary on California Governor’s recent decision to veto a state bar membership dues bill that would have extended the State Bar’s authority to…
Alan Insul, a Los Angeles lawyer limiting his practice to business, corporate, and real estate cases, offers some candid commentary about his law firms dealing with new economic realities. It’s tough out there, even for lawyers. From major law firms…
A recent secured real property case decision by the Court of Appeal of California’s Third Appellate District in Schmidli v. Pearce establishes a split between appellate districts on whether a 10 or 60 year statute of limitations applies to a…
The recent decision by the California Court of Appeal, Berg & Berg Enterprises v. John Boyle et al., a reaffirmation of California earlier Trust Fund doctrine and rejecting the so-called “zone of insolvency” approach of other jurisdictions when defining the…
Which business entity do I choose? Your business has been doing so well you are amazed. For the last couple of years it has continued to grow despite the severe recession. You’re rather proud of the fact that you ran…
If your commercial real estate is foreclosed, what is your personal exposure? There was optimism that the real estate market was making a comeback and then – experts said it was looking really bad for commercial property owners and getting…
Looming on the horizon is an updated newly revised version of Ground Lease Practice; a practical handbook for lawyers dealing with the complexities of commercial ground lease situations. Alan Insul, an expert Los Angeles business attorney, consulted on this latest…
If you’re hugely successful in expanding your business into foreign countries and deal with manufacturers and suppliers beware you don’t exploit cheap labor. While it might be “the in thing to do,” expanding a business into foreign countries and hiring…
There are two lessons here. The first is an unlicensed contractor may not offset material costs for a job against a property owner’s Business and Professions Code 7031 (b) disgorgement claim. The second is enforcement of a 2001 law permitting…