In Silicon Valley, home to many large technology corporations and thousands of innovative startups, businesses need to move quickly to stay ahead of the competition. As a small business attorney in San Jose, I have formed countless of limited liability companies (LLCs), partnerships and corporations with the Delaware and California…
Articles Posted in Corporations
Upcoming Nationwide Changes in UCC Financing Statements
Head’s up!! UCC financing statements are changing as of July 1, 2013. Lenders and borrowers need to take extra care to ensure that they have correctly prepared UCC financing statements and, of course, consult with an attorney as necessary. UCC filings are of critical importance in any secured loan transaction,…
Closing a Business Transaction is A Lot Like Riding a Mountain Bike
As a business and M&A lawyer in San Jose, it is not uncommon for me to burn the midnight oil hammering out a deal for a Silicon Valley client. There is often a need to break from the perpetually connected life to recharge the lithium cells, so to speak. On…
I Gave It All To You, So Why Don’t You Like Me: Post-Closing Disputes in Mergers and Acquisitions
As a veteran M & A lawyer in San Jose, where deal making has never gone out of style, I have been though my share of mergers and acquisitions. For business counsel, the closing of a deal is one of the times I get to spike the ball in the…
Recent California Tax Law Changes
Some tax law changes recently went into effect that that will have an impact on both individuals and businesses in San Jose and throughout the State: Yet Another Gas Tax Increase On February 28th the Board of Equalization approved a 3.5 cent gas tax increase, effective July 1, 2013. This…
Closing the Deal: Boring is Best
Having represented both buyers and sellers in mergers and acquisition transactions in Silicon Valley for more years than I care to admit, I have been through a number of closings. Some M&A closings that I have been involved in were smooth affairs, accomplished through an exchange of a single phone…
Do I Really Need to Formally Dissolve My Corporation?
A few years ago, I met with a new client here in San Jose about forming a corporation for his real estate management business. He wanted to use his name as the name of the corporation, e.g. John Smith, Inc., and he had no problems with using his name as…
2013 Changes to California Laws that Affect San Jose Taxpayers
Although 2013 is well under way, taxpayers in San Jose may not be aware of changes to California laws that may affect them. Some of these changes include: Proposition 30 With all the talk about federal income taxes going up this year, do not forget about the Proposition 30 retroactive…
More Case Law for Employee Non-Compete Agreements
Having practiced corporate law in Silicon Valley for 15 years, I must say that there is nothing more frustrating for my clients, who are mostly closely held businesses in the San Jose area, than spending months or years training an employee only to have her leave and go on to…
New Court Decision Prompts Websites to Revise their Terms
As a Silicon Valley corporate attorney, I work with a lot of Internet law and cyberspace law issues and am often asked by businesses to make sure their websites keep them free from trouble. Whether you are a large, multi-national corporation, a mid-size company, or a small business owner, chances…