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HTMLCalifornia’s New Limited Liability Company Act Impacts LLCs, Old and New
Margaret S. Ng; Garrett DeFrenza Stiepel Ryder LLP;
Legal Alert/Article
February 26, 2015, previously published on December 2013
On January 1, 2014, a new limited liability company act becomes law in California. The new act, the California Revised Uniform Limited Liability Act (the “new law”), replaces the current law known as the Beverly-Killea Act (the “prior law”). While the new law leaves most of...

 

HTMLBack to Basics: Who Can Sign?
Garrett DeFrenza Stiepel Ryder LLP;
Legal Alert/Article
February 26, 2015, previously published on September 2014
After sometimes weeks or even months of negotiating a contract, everyone is overjoyed to circulate the signature sets -- with the signature lines left blank to be filled in by each party. The scribbled signatures are circulated, and everyone is happy that the “deal is done”. We often...

 

HTMLRecent Updates: Expanded Right to Introduce Fraud into Evidence to Invalidate Written Contracts
Garrett DeFrenza Stiepel Ryder LLP;
Legal Alert/Article
February 26, 2015, previously published on December 2013
Known to lawyers as the “Parole Evidence Rule”, parties to an “integrated” written contract are generally prohibited from introducing evidence outside of a contract to alter or add to the terms of that contract. An “integrated” contract simply means that the...

 

HTMLDC Passes Bibycle Storage Rules Applicable to Condominiums
Brendan P. Bunn; Chadwick Washington Moriarty Elmore Bunn PC;
Legal Alert/Article
February 26, 2015, previously published on January 16, 2015
The DC Department of Transportation has finally adopted a rules that require residential buildings to provide for bicycle storage. DDOT's rules have been under consideration for some time, but became final and effective on November 28, 2014. The new rule recognizes the District's increasingly...

 

HTMLLimitations on Predatory ADA Lawsuits & New Disclosure Requirements for Commercial Landlords
Garrett DeFrenza Stiepel Ryder LLP;
Legal Alert/Article
February 26, 2015, previously published by Garrett DeFrenza Stiepel Ryder LLP     on November 2012
In an effort to curb the high number of predatory ADA lawsuits being brought against property and small business owners in California, on September 19, 2012, Governor Jerry Brown signed into law Senate Bill 1186 (“SB 1186”), a bipartisan bill sponsored by State Senators Bob Dutton and...

 

HTMLWhat’s in Store for 2015 Regarding CFPB Regulations? Answer: enforcement.
Matthew G. Burg; Weltman, Weinberg & Reis Co., L.P.A.;
Legal Alert/Article
February 26, 2015, previously published on January 30, 2015
In 2014, the new consumer mortgage rules made by the Consumer Financial Protection Bureau (“CFPB”) took effect. Generally, the CFPB implemented laws to protect consumers from negative actions by mortgage servicers and to provide consumers more transparency in working with servicers and...

 

HTMLVacant and Abandoned: Can Creditors Discard Personal Property Following a Foreclosure in Ohio?
Benjamin Hoen; Weltman, Weinberg & Reis Co., L.P.A.;
Legal Alert/Article
February 26, 2015, previously published on January 27, 2015
Personal property is often left by the prior owner or a tenant following a foreclosure. Sometimes it is difficult to determine whether the personal property has been abandoned. I am often asked what must be done with the personal property left behind once the creditor takes possession of an...

 

HTMLDistinguishing Between Finders and Broker-Dealers
Garrett DeFrenza Stiepel Ryder LLP;
Legal Alert/Article
February 26, 2015, previously published by Garrett DeFrenza Stiepel Ryder LLP on November 2012
When raising debt or equity, companies commonly engage finders to assist them in accessing qualified investors. However, if they are not careful, these finders may fall into the category of broker-dealers which could lead to negative consequences for them, the companies using their services and...

 

HTMLA Borrower's Ability to Rescind a Mortgage Loan Just Got Easier
Benjamin Hoen; Weltman, Weinberg & Reis Co., L.P.A.;
Legal Alert/Article
February 26, 2015, previously published on January 16, 2015
The Truth in Lending Act (TILA), 15 U.S.C. 1601 et seq. gives consumers the right to rescind mortgage loans upon their principal dwelling, until midnight of the third business day following the consummation of the transaction, or following the delivery by the creditor of the information and...

 

HTMLAssembly Bill No. 1103: Commercial Building Energy Use Disclosure Program
Garrett DeFrenza Stiepel Ryder LLP;
Legal Alert/Article
February 26, 2015, previously published on May 2013
As of July 1, 2013, additional disclosures may be required before your next commercial real estate transaction. Recent legislation enacted by the State of California, requires the owners of certain commercial buildings to make disclosures regarding a building’s energy usage prior to major...

 


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