If you are an officer, president, or owner of California corporations and have been served with legal papers for a lawsuit or pending legal proceedings, it is crucial to hire a business lawyer to represent you in court. This is not just a recommendation—it’s the law. According to Paradise v. Nowlin (1948) 86 C.A.2d 897 and Code of Civil Procedure § 116.540(b), California law prohibits anyone other than a licensed California attorney from representing a corporation or LLC in court proceedings, except in small claims cases.
California law treats corporations as separate legal entities from their owners, officers, and directors. This means that even if you are the CEO of a corporation, you cannot represent the corporation in court unless you are a licensed attorney in California. Courts recognize corporations as distinct "persons" under the law and require them to have representation by a licensed professional. Attempting to represent your corporation without an attorney risks case dismissal or sanctions.
Failing to hire an attorney to represent your corporation in court can lead to serious legal and financial consequences. Improperly appearing in court on behalf of your corporation without legal representation can delay or dismiss your case, or result in a default judgment for the other party. A default judgment means the opposing party could win the case without the court ever hearing your defense, leaving your corporation liable for damages, penalties, or other legal consequences. In addition to court-imposed penalties, failing to secure representation can result in missed opportunities to negotiate or settle disputes out of court. Experienced business lawyers often possess the strategic insight and negotiation skills to shorten the legal process or even prevent cases from going to trial. This could save your corporation significant time, money, and reputational harm.
A qualified business attorney guides you through complex court procedures, ensures you meet all deadlines, and protects your corporation's rights. Once served with a summons and complaint, your corporation typically has 30 days to file an answer with the court. Missing this deadline can result in a default judgment, leaving your corporation with no legal recourse. Moreover, business lawyers evaluate the strengths and weaknesses of your case and develop strategies tailored to your specific situation. Whether it's negotiating settlements, filing motions to dismiss, or representing your corporation in a full trial, having an experienced legal team by your side is invaluable. In many cases, having a business defense attorney involved early can lead to quicker, more favorable outcomes. Some attorneys may be able to negotiate settlements that avoid lengthy court proceedings altogether. Even if litigation is inevitable, a skilled attorney can work to expedite the process. Thus, reduce costs, and minimize the impact on your business.
One of the common concerns for corporations facing lawsuits is the cost of hiring an attorney. However, business defense doesn’t have to break the bank. Many law firms, including ours, offer various fee structures to accommodate the financial constraints of small and medium-sized businesses. These fee arrangements can include flat fees, hybrid fee agreements, traditional hourly rates, discounted fees, and capped fees. At KAASS LAW, we understand that the legal system can be both intimidating and costly. That’s why we strive to provide affordable and transparent legal services that fit your needs. Our goal is to offer high-quality legal representation while ensuring that our clients feel comfortable with the financial aspect of hiring an attorney.
Our attorneys are licensed to practice law in California. They have years of experience handling business litigation, corporate disputes, and defense cases. Whether your corporation is facing a breach of contract claim or other business-related litigation, our team is prepared to represent your corporation with professionalism and dedication. We have a deep understanding of California corporate law, and we take pride in defending businesses across various industries.
If your California corporation is facing a lawsuit, don’t wait to get legal help. Schedule a consultation with one of our experienced business law attorneys today. Remember, your corporation’s legal interests matter, and with KAASS LAW, you’re in capable hands. Contact us today to learn more about how we can help your business.
Our attorneys at KAASS LAW are authorized to practice law in California.
Our Glendale Personal Injury Attorneys and Auto Accident Attorneys are notable USC and UCLA alumni that have gained their respect amongst many insurance companies. KAASS Law encompasses some of the most highly skilled, aggressive, and experienced Personal Injury Litigation Attorneys fight tooth and nail to help our clients receive fair settlement offers or we go to trial. Call KAASS LAW for a free personal injury or accident consultation.
When you have been injured because of the negligence or wrongful conduct of another, the law allows you to recover for the damages done to you, including medical expenses, lost wages, and pain and suffering. Unfortunately, the burden is on you to prove every aspect of your case, while fending off the excuses and blame tactics thrown at you from the insurance company lawyers. Our personal injury and accident lawyers service the Los Angeles, Glendale, San Fernando Valley, and San Bernardino County.
As experienced litigators, we have successfully litigated various personal injury cases. KAASS Law understands the mastery it takes to successfully receive fair settlements during the claims stage of a personal injury or accident case. Our possess the skills and abilities necessary to negotiate a If we are unable to receive a fair settlement offer during the claims stage with the insurance companies, we take it to trial and securea . Our Personal Injury and Accident Attorneys are experienced litigators and handle legal matters such as:
Los Angeles Personal Injury Attorneys and Accident Litigation Attorneys are Prepared to Help Potential Victim's Bring Wrongful Death Lawsuits.
A wrongful death lawsuit involves the deceased's estate or family member to bring a claim against a wrongdoer for causing the death of another, either negligently or intentionally. Wrongful death lawsuits fall into two categories: intentional deaths and negligent deaths.
Common examples of wrongful death cases brought under negligence include: medical malpractice, car accidents, bicycle accidents, motorcycle accidents, truck accidents, semi-truck accidents, medication errors, drowning accidents, slip and fall accidents, and defective products.
Usually, wrongful death claims are based on a theory of , victims must prove that the wrongdoer owed the deceased a, the wrong does breached that duty, causing damages as a result of the breach.
Can’t get a job because you have a criminal record? There is help. Use KAASS LAW legal tips to get your life back! In order to clear your record, you need to get your conviction expunged. What does that mean you might ask? Well, read carefully!
If granted in court, after your conviction is expunged it will allow you to reopen your case and set aside the conviction.
Such convictions are either a misdemeanor or certain types of felonies. You will be able to withdraw your plea of “guilty”, enter a plea of “not guilty”, and close the case without a conviction. However, this does not mean that your case entirely gets removed from your record. The arrest and charges will still exist and you must disclose the conviction in any direct question contained in any application for public office, for censure by state or local agency or for a contract with the California State Lottery.
Never leave the scene of an accident no matter how minor the accident. If you fail to do so you may be criminally prosecuted. Thus, when it is safe to do so, pull over and stop your car.
If any party was injured after the accident, it is imperative to call emergency personal. Do not try moving an injured party because you may further aggravate their injuries.
Instead, speak to them and keep them warm until help arrives. In the event that there is severe bleeding, try to stop it by applying direct pressure on the wound. Call the police at which point the police officer will take down all parties information, as well as take down any witness statements and may possibly write a police report. Usually, if none of the parties reported any injuries at the scene of the accident, a police officer will not write a police report.
However, the police report is a helpful tool when filing your claim with both your and opposing parties insurance company.
The Los Angeles Criminal Justice System Process
When someone faces arrest for a criminal offense in Los Angeles—whether for a violent crime, DUI, misdemeanor, or serious felony—it can feel overwhelming. The criminal justice system moves swiftly, and you could quickly find yourself behind bars. Understanding the steps involved is crucial, as the outcome of your case can depend on how well you navigate this process. Acting quickly is essential. One of the most important steps is consulting with a skilled Los Angeles criminal defense lawyer. Early legal intervention can significantly influence the outcome of your case. Our legal team in Glendale, CA, is dedicated to providing the highest level of defense and representation to all our clients.
Most criminal cases begin with an investigation following an arrest. Whether you're taken into custody at the scene or after a warrant has been issued, you must remain calm and know your rights. The most important thing is to avoid answering questions from law enforcement without your lawyer present. Many people mistakenly believe they can talk their way out of a situation. Unfortunately, even innocent statements can be twisted to incriminate you. Remember, anything you say can be used against you in court. "Silence is golden," just as the "K" in KAASS.
Without proper agreements and contracts in place, tech startups in Los Angeles can quickly face serious legal challenges. Since many entrepreneurs have limited funding, they often hesitate to hire a business startup lawyer to manage their legal operations. However, at our firm, we understand the hard work and effort that go into building robotic startups, developing software, and programming innovative solutions. As a result, we offer various fee and payment options tailored specifically for startups. Notably, one of the primary concerns for programmers and developers is how to protect their intellectual property (IP) and proprietary rights, whether for software, applications, or other tech products. Below are some of the most commonly used agreements for tech startups, robotic companies, developers, and programmers:
Licensing agreements are one of the most crucial documents that tech startups rely on to protect their intellectual property, including software and other intangible assets. Key elements to include in a Licensing Agreement:
Lane splitting happens when a motorcycle drives between two lanes of stopped or slowly moving cars. Thus, many drivers will notice motorcyclists drive in between two lanes. Usually, we will notice many motorcyclists' split lanes during rush-hour traffic on interstate 5, i405, or 134 freeways. So what happens if an accident occurs while a motorcycle is lane splitting? Well, truth is, proving if the driver or rider was at fault can get a bit tricky. This may depend on a number of factors, such as if the driver or rider was speeding, driving recklessly, what the police officer determined or noted in the police report Is Lane Splitting Legal? Not all states allow lane splitting, but in California, motorcyclists are legally allowed to lane split. However, only if the rider acts in a reasonably safe and prudent manner.
Lane splitting can be the cause for accidents due to little amount of space to maneuver through. If an accident occurs while the motorcyclist is lane splitting, more times than not, the driver will blame the rider for the accident. Also, if the insurance adjuster or a police report finds the motorcyclist's carelessness or unsafe riding as the cause of the accident, the rider may find it difficult to recover damages. Thus, it is probably best for motorcyclists to immediately seek advice from an experienced motorcycle attorney. Hiring a may help preserve your claim. Also, one of the most detrimental things a motorcyclist can do is submit a recorded statement to the opposing insurance company. If you were involved in a motorcycle accident you call us directly and request a free consultation.
Running a small business or starting an startup business is an exciting venture that can lead to the financial freedom simple employees work their whole lives to attain. However, with the great rewards come great risks that can lead us small business owners to financial failures. Below are Ten Issues Startups Businesses Face:
Knowing what your business will be and how you will sell your products or services are not enough to keep it running. You need to have a business plan written out, including (but not limited to) the following:
Starting a small business simply because you want to be rich can lead to an unfulfilling experience, where you will always be looking for schemes that can bring you fortune. Before you do, think first about your own interests and passions. Do you believe you can give something of value to people at large? Are you driven enough to overcome the many inevitable obstacles an entrepreneur will face?
Business startups are gaining increased attention from possible investors and many opportunities are becoming available for startups with low funds looking to jump into the market. There are many different types of investments funds, before jumping the gun ask yourself which type of investment fund is the best fit for your business startup?
There are different types of investment funds and vary based on the level of regulation, objectives, and type of authorized investments. The Investment Company Act (ICA) regulates investment companies. ICA defines an investment company as issuer of securities that is engaged, holds itself out as being engaged, or proposes to engage primarily in the business of investing, reinvesting or trading securities. Generally, investment companies under ICA are heavily regulated and must register with the Securities and Exchange Commission (SEC).
Under the ICA, the main type of investment companies are so called mutual funds, which must register with SEC and comply with other requirements of ICA. In general, any legal entity that sells securities to raise capital, and then invests that capital in other company in which it is not a majority owner, is almost certainly an “investment company” under ICA. However, there are certain exceptions under ICA, in which case, under the ICA, the entity is not considered an investment company and is less heavily regulated.
Usually a representative of the deceased’s estate or next of ken can file an Wrongful Death Claim. All states, including California allow spouses to bring wrongful death lawsuits on behalf of their partner. Parents may also bring wrongful death lawsuits on behalf of their minor children.
Medical expenses that the deceased incurred, funeral and burial costs, loss of the deceased person’s expected income, and loss of consortium. A loss of consortium claim is brought for the loss of intimacy between spouses. In some cases victims may win punitive damages.
Bringing a wrongful death lawsuit can be a complicated process, thus if an deceased's estate or family member is considering bringing a wrongful death lawsuit should seek the advice of a legal professional. If you are interested in bringing a wrongful death claim against a medical professional, hospital, or other wrongdoer, call our 24-hour answering line and request a free wrongful death consultation from a Los Angeles personal injury attorney.
Yes, the California Judicial Council Form CR-180 is the form to file a petition for dismissal pursuant to California Penal Code § 1203.4. as well as § 1203.4a. Filing a petition for dismissal can be relatively easy, however, it can be a bit confusing. There are a number of forms that you must fill out and properly file them with the appropriate court. If you need help expunging your criminal record get help from a Los Angeles criminal defense attorney or call our office at (310) 943-1171 and schedule a free consultation.
However, if you served state prison time and or parole or are a parolee, you are ineligible for an expungement. But, you may still be eligible to apply for a Pardon. Further, there are certain Misdemeanor/Felony violations that are prohibited from being expunged. If you are unsure if you qualify, you may seek the advice of an experienced Los Angeles Criminal Defense Attorney. We hope this information was helpful. Stay SAFE! Glendale Criminal Defense Lawyer
After an accident, drivers are required to exchange information, such as your name , address, and insurance information. Including passengers or any witnesses.
It's important to remember that you do not have to give any information that the law does not require you to. Further, do not make any statements or comments with regards the cause of the accident. Specifically, DO NOT admit fault event if you believe that you were the one at fault. Many times, it is discovered that the opposing driver was equally at fault. No one has the right to force you to give an opinion with regards to the cause of the accident. whether at the police station or elsewhere. Keep in mind you have the right to consult with a car accident attorney before making any statement.
Make sure you right down the details of the accident, including the date and time, location of the accident, weather conditions and speed of all other vehicles.
It is always a good idea to seek medical attentions soon after if not immediately following the accident, including that of your passengers.
Notify your insurance company immediately following the accident. Cooperate with your insurance adjuster during the investigation.
However, prior to submitting to a recorded statement, including both your and the opposing insurance company, it is imperative that you seek consult from accident attorney. If you have been involved in an accident, you can request a free consultation with one of our accident attorneys. At this point do not admit fault and remember to always keep copies of all and any correspondence, documents, and reports for your personal records.
Many times insurance adjusters will use various tactics and ask you questions that lead you to admit fault of the accident.
Consult an attorney if you are unsure about your rights and remedies. In most cases an experienced accident attorney will increase your personal injury settlement claim and guide your throughout the entire process.
Recover damages for your injuries: You are entitled to recover money damages for injuries sustained due to another drivers negligence. If the opposing driver is found to be at fault or even partially at fault you may also be entitled to damages from the opposing insurance policy as well. Further, if you sustained any other losses, such as missing work, loss of use, you may also be entitled to reimbursement under your personal insurance policy.
You may be entitled to recover money for the following:
A common concern among clients is whether charges can be dropped if police fail to follow the correct arrest procedures. The short answer: Yes, it’s possible. However, it depends on the specifics of the situation. California law requires officers to follow strict protocols when making arrests. If they violate any of these procedures, your attorney may be able to argue for dismissal. For example, if police failed to read your Miranda rights or conducted an unlawful search, these violations could lead to the suppression of key evidence. Our experienced defense attorneys will review every aspect of your arrest, looking for procedural errors. If we identify violations, we will take action to suppress evidence or file for dismissal.
After your arrest, the arraignment is your first formal court appearance. Here, the judge will inform you of the charges and set a bail amount. This is a critical stage in the criminal justice process, and you should have an attorney with you. Your lawyer can negotiate a lower bail or request your release on your own recognizance, which means you won't need to post bail. This allows you to remain free while preparing your defense. Before entering a plea—whether guilty, not guilty, or no contest—you’ll want to consult with your lawyer. Pleading guilty too early can hurt your chances of avoiding harsher penalties.
Once the arraignment is over, the pre-trial phase begins. This is when your lawyer can file motions to strengthen your defense. Pre-trial motions can help dismiss charges, suppress evidence, or challenge the legality of certain aspects of the case. An experienced defense attorney will review the evidence against you, including witness statements, police reports, and forensic data. By identifying weaknesses in the prosecution’s case, your lawyer can work to get your charges reduced or dismissed. At KAASS Law, we are dedicated to thoroughly examining every detail of your case and using all available legal tools to fight for you.
If your case proceeds to trial, the prosecution will present its evidence to the court. They must prove your guilt beyond a reasonable doubt. This is where your defense attorney plays a critical role. Trials can be intimidating, but your lawyer will guide you through each step—from jury selection to closing arguments. Your attorney will challenge the prosecution’s evidence and cross-examine witnesses to expose inconsistencies. The goal is to create doubt about the prosecution’s case and prove that the evidence is insufficient to convict you. Our attorneys at KAASS Law have a proven track record of success in both state and federal courts. We have defended clients against serious felonies and misdemeanors alike. Our team includes notable USC and Southwestern University School of Law alumni, and we are proud to serve on the boards of both the Beverly Hills Bar Association and the Criminal Courts Bar Association.
If you're facing criminal charges in Los Angeles, Glendale, or the San Bernardino-Riverside Metropolitan Area, don’t wait to seek legal help. The criminal justice process can be overwhelming, but you don’t have to navigate it alone. At KAASS Law, we provide aggressive, high-quality representation to protect your rights at every step. Our criminal defense attorneys have a 99% success rate in dismissing first-time misdemeanor charges. Contact us today for a free consultation. We are ready to fight for your freedom and help you build a strong defense.
Important note: Always put your licensing agreement in writing to prevent misunderstandings.
A joint venture is a mutual collaboration between two or more businesses for a specific project. Joint venture agreements are essential to ensure each party understands their role and responsibilities clearly. Important questions to address in a joint venture agreement:
Independent contractors in California are legally considered non-employees who provide specific services to businesses. Examples include developers, software engineers, marketers, accountants, and other specialists. A solid independent contractor agreement should include:
For tax purposes, remember to complete a 1099-MISC form for independent contractors.
A Technical Assistance Agreement (TAA) outlines the process of sharing technical information, particularly when dealing with foreign nationals. Key considerations for a TAA:
Checklist for a TAA:
For technology companies, a manufacturing agreement is key as it outlines the roles and responsibilities when one company manufactures products for another. Key components of a manufacturing agreement:
Partnerships involve two or more individuals collaborating without the formalities of a corporation. In California, partnerships can be formed through written or oral agreements, or even by conduct. Important aspects of a partnership agreement:
In contrast, forming a Limited Liability Company (LLC) involves filing with the Secretary of State and paying the required fees. The choice between a partnership, LLC, or corporation depends on your startup’s goals, liability concerns, and tax preferences.
If you have questions about contracts and agreements for your tech or robotic startup—such as licensing agreements, joint ventures, or manufacturing agreements—our team of experienced California business attorneys is ready to assist you. Call us today at (844) 522-7752 for personalized legal support.
If you or a loved one has been involved in a motorcycle accident we invite you to contact our Los Angeles motorcycle accident attorney at (310) 943-1171 for a free consultation.
Small business entrepreneurs usually come into their industries with little to no knowledge of handling the multiple facets of a business such as financial management, employee relations, advertising and other essential responsibilities. Educate yourself through short business and finance courses, or hire managers who have expertise in the fields where you are lacking.
Some entrepreneurs think they will be making profits for their beginning operation cycles, spending most (if not all) of their resources immediately, only to find out later that they will not have enough funds to start the succeeding cycle(s). Consider every possible cost (overhead, production, equipment, etc.) and save enough money that can be used for at least one fiscal year despite poor sales.
It is not enough to set up a store at a location with high human traffic or with a very cheap lease. Opening a restaurant near a school campus can seem like a good idea, but don’t expect too many customers if the food is expensive and there are much cheaper alternatives around.
You need to consider your target market and their habits, as well as the direct competition in the area. Don’t be afraid of spending on prime location, as the increased rate of customers coming into your store and making a purchase will make up for the initial cost.
In this age of high-speed information, people expect to find just about everything on the Internet with their computers and mobile devices. Not having a website or at least a social media page will render your business virtually invisible to a great majority of the world’s population.
You can hire professionals to create a website for you or put up the website yourself. Make accounts for your business on Facebook, Twitter and other leading social media platforms where your target market can usually be found.
Growth is a good thing unless it is left unchecked and your generated revenue can’t keep up with the expansion. If your business experiences great success, do not be overeager to spend your profits by immediately buying more equipment or opening up new stores. Stick to the strategies you have set so you can still grow without bankrupting the business.
Cash is the lifeblood of any business, and there will be no business once that runs out. Therefore, it is imperative that small business entrepreneurs practice strict financial record-keeping so that every penny is duly accounted for. Knowing exactly how much money is going in and out of your business will correctly guide every decision you make.
Having a great business plan will amount to nothing if each objective is tackled with incompetence. Employees who are lazy, dull, bad-mannered and unmanageable will not just cut down on productivity, but will also have a negative effect on the work environment and customer/client relations. Follow strict hiring guidelines and subject your hires to rigorous training to ensure quality output from each one.
A small business needs to market its brand considering the tough competition it will face against more established businesses. You need to invest enough resources into promoting your products through the right channels. This is so your target market knows exactly that you can fulfill its needs. Online marketing is a must these days, but you should not ignore the physical reach of traditional marketing methods such as brochures, flyers and business cards.
Ultimately, it is a matter of planning out your overall strategy, assessing your own strengths and weakness, and keeping a good eye on all of your resources—be it financial or human. Consider each of these possible pitfalls, and you can find your small business not just surviving, but thriving in this competitive world.
A hedge fund is an investment vehicle that pools capital from a number of investors and invests in securities and other instruments. Generally, hedge funds share most, if not all, of the following characteristics:
In order to register a hedge fund under ICA it must fall under an exception of the act. ICA Section 3(c)(1) provides an exclusion from the 1940 Act for any fund that satisfies two requirements: (1) it must not be making or proposing to make a public offering of its securities; and (2) its outstanding securities must be beneficially owned by not more than 100 persons. Founders of hedge funds generally rely on this exception.
Hedge funds can be organized in a number of different structures and jurisdictions. Generally hedge funds are organized as limited partnerships or limited liability companies, which is preferable for tax purposes. Many parties are involved in the day-to-day operations of hedge funds, among which the most important is the Investment Adviser/General Partner. Overall management of a hedge fund, including decisions about portfolio investments, is typically the responsibility of either a general partner or a separate fund manager. Many hedge fund managers are registered as investment advisers under the U.S. Investment Advisers Act of 1940 (Advisers Act), although some exemptions from registration are available. For those interested in learning more can visit The California Hedge Fund Association which was founded to foster the growth and development of the hedge fund community in California.
Advisers Act is the federal statute that regulates most investment advisers doing business in the United States. Generally, investment advisers must register under Advisers Act, unless an exception applies. Where a hedge fund manager is unable, or chooses not, to rely on a registration exemption, it must register as an investment adviser, either with the SEC or a state. Advisers whose activities are deemed to be more national in scope, that is, those with $100 million or more in assets under management, as well as those in states that do not regulate advisers, must register with, and will only be subject to the regulations of, the SEC.
In general, investment advisers are responsible for recommending or selecting, based on discretionary authority, portfolio investments in accordance with their client's objectives and policies. Frequently, investment advisers place portfolio orders with broker-dealers and are responsible for ensuring best execution of client transactions. Even if investment advisers are not registered under Advisers Act, they are subject to a number of Advisers Act provisions, most notably the antifraud provisions and certain additional reporting requirements.
Although hedge funds do not need to register with SEC, hedge fund managers need to comply with a host of special reporting, disclosure, privacy and information-protection requirements. Many of these requirements are in addition to those imposed on registered fund managers by Advisers Act, and include regulatory reporting requirements, providing information to investors, privacy and information-protection requirements. Depending on investment activities, fund managers may be subject to record-keeping or reporting requirements of SEC and other regulatory authorities, such as the U.S. Department of the Treasury, the Commodity Futures Trading Commission, the Federal Trade Commission and others. Fund managers investing in non U.S. securities also must be cognizant of any similar requirements under foreign laws and regulations that may apply.
Private funds do not need to register with SEC if they fall under an exception of ICA. By structure and registration rules other private funds are similar to hedge funds. A common type of private funds are private equity funds. A private equity fund generally invests in non-public companies. Many variations of private equity funds exist, including venture capital, leveraged buy-out and mezzanine financing funds.
Private equity fund, the fund manager typically seeks capital from a number of sophisticated or institutional investors in the form of "capital commitments," which are generally fairly substantial in size, such as $5 million or more from each investor. Unlike the typical hedge fund, which accepts additional investments from investors throughout the fund's life, a private equity fund is generally a closed-end vehicle, meaning that after one or more fundraising stages, or “closings”, new investors are not accepted.
Unlike hedge funds or registered funds, which usually invest mainly in liquid, publicly traded securities, a private equity fund typically acquires large blocks of privately placed, generally illiquid securities from issuing companies. A private equity fund's success depends upon its portfolio companies increasing in value, often substantially, after several years and the fund being able to dispose of its holdings.
Small business investment companies (SBIC) are federally licensed entities employing, in part, federal funds and are subject to broad regulatory control by the U.S. Small Business Administration (SBA). A licensed SBIC is an incorporated entity, organized and chartered under state law solely for the purpose of supplying equity capital on long-term loans to small business concerns, providing consulting and advisory services, and investing funds not reasonably needed for current operations in various limited kinds of obligations. SBICs must only invest in small businesses.
In order to become a SBIC the entity must be licensed by the SBA. Prior to filing a license application, SBIC applicants must raise the greatest of the following three minimum capital requirements:
Hedge funds are probably the least regulated investment funds. Hedge funds do not have to register with SEC, although investment advisers, who are generally the managers of the fund, might have to register with SEC. On the other side, hedge funds allow greater flexibility in investments which makes this investment vehicle even more attractive.
Yes, you can call our business lawyers from KAASS LAW at 310.943.1171 if you have any further questions or to comment on how great this blog was. This content is intended for educational purposes only.