When two equal business partners reach an impasse, a 50/50 corporate deadlock can be an existential threat to the enterprise. In a closely held California company, an equal equity split often means equal voting power. When trust breaks down and vision diverges, neither owner can outvote the other to break a tie. The result can...Read More
Starting a Business in Sacramento: Legal Requirements Beyond Forming an LLC Many entrepreneurs believe their business is legally “set up” once the California Secretary of State accepts their LLC filing. While forming an LLC is an important first step, it is only one piece of the process. In practice, many legal issues that later lead...Read More