The judicial branch announced that beginning on Monday, Oct. 20, it will no longer have funding to sustain full, paid operations. Until the ongoing lapse in government funding is resolved, federal courts... Read more »
The California Air Resources Board (CARB) announced it is soliciting public feedback to help inform its implementation of California’s climate disclosure laws, SB 253 and SB 261, both as amended by SB... Read more »
Delaware Supreme Court Upholds Forfeiture-for-Competition Provision in Limited Partnership Agreement
Stemming a tide of Delaware decisions closely scrutinizing and refusing to enforce non-compete agreements, Delaware’s Supreme Court held that forfeiture-for-competition provisions arising out of a Delaware limited partnership agreement are enforceable, reversing... Read more »
When a California limited liability company files a certificate of cancellation its powers, rights, and privileges cease. Cal. Corp. Code § 17707.08(b)(2)(C). This seemingly would preclude any further activity by the LLC,... Read more »
Friday, September 1, 2023 At the beginning of 2023, the Internal Revenue Service (IRS) increased the amounts individuals can gift free of federal gift and generation-skipping transfer (GST) tax. The amounts now... Read more »
