California is a community property state and there is a presumption that all property (real or personal) that is acquired during a marriage is community property. That is why it is inherently important to understand what a party is restricted from doing upon the filing of a dissolution, legal separation, or nullity of marriage in order to ensure that the parties are in full compliance with the law. Failure to […]
In order to operate as a dealer in California, the California Department of Motor Vehicles (“DMV”) requires dealers to provide a $50,000 dealer bond to protect purchasers, sellers, financing agencies, and governmental agencies against monetary loss resulting from the dealer committing fraud and/or making fraudulent misrepresentations. (Cal. Veh. Code § 11710.) In response to this requirement, there are a number of third-party surety companies that will provide this bond in […]
The Commodore Hotel Revitalizes New York City’s Grand Central Neighborhood In 1976, New York City (“City”) was bankrupt and crime-ridden. While City residents and businesses fled to avoid the City’s crisis, The Trump Organization and the Hyatt Corporation (collectively the “Partners”) bought the 25-story, 60-year old Commodore Hotel (“Hotel”) on 42nd Street near Grand Central Railroad Station in a run down and dangerous neighborhood. To induce the Partners to invest […]
On January 29, 2019 at 6:32 am, PG&E Corporation (“PG&E”) filed its petition for bankruptcy relief in the San Francisco Division of the Northern Bankruptcy District of California for Case Number 19-030088. This is the second time in 20 years that PG&E has sought bankruptcy relief under Chapter 11 of the United States Code. This article explains how it arrived in bankruptcy court for both bankruptcies and anticipated events in […]
Mediation, in one form or another, has been around since the dawn of civilization and is widely used for dispute resolution in many cultures. However, mediation was not a part of the common law process and, until recently, was utilized only for certain types of disputes (notably, labor-management grievances). Today, mediation is used in all types of disputes. This is attributable both to court congestion and to dissatisfaction with the […]
One of the most common disputes arising among landowners in California is, when a shared fence needs to be repaired or replaced, which neighbor pays? The short answer is that California law says that both share equally in the cost. However, with most issues at law, the complete answer is never that simple. Cal. Civ. Code § 841 is California’s attempt to resolve this all too common dispute between neighbors. […]
