Levy of Assessments by the Board against its Shareholders to pay the Corporation’s Debts: When is it Unlawful?
By Gerald P. Burleson, Member of the California Bar, and Dylan Contreras, J.D., 2019, California Western School of Law, and 2019 candidate for the California Bar © 2019 by Gerald P. Burleson, all rights reserved Under California law, a corporation is permitted to...
S Corporations Withholding Distributions—A Classic Squeeze Out Of the Minority Shareholder
By Gerald P. Burleson, Member of the California Bar, and Dylan Contreras, J.D., 2019, California Western School of Law, and 2019 candidate for the California Bar © 2019 by Gerald P. Burleson, all rights reserved An S corporation is a corporation that has made an...
How Do You Know if a Particular Section of California’s Corporation Code Applies to a Foreign Corporation Doing Business in California?
How Do You Know if a Particular Section of California’s Corporation Code Applies to a Foreign Corporation Doing Business in California? By Gerald P. Burleson, Member of the California Bar, and Evan Flores, 3rd year law student, University of San Diego Law School. ©...
How Can You Overcome the Business Judgment Rule?
By Gerald P. Burleson, Member of the California Bar, and Amanda Purcell, University of San Diego Law School © 2017 by Gerald P. Burleson, all rights reserved Broadly speaking, the business judgment rule protects business decisions by corporate directors from judicial...