What Your Business Needs to Know About Personal Guarantees

A personal guarantee is the promise of an individual to become responsible for repaying a loan or for curing a default, of a business. Typically, a personal guarantee is given by an executive or the owner of the company...

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1031 Exchanges – Tax Benefits for L.A. Area Property Investors

Everyone wants to (or wishes they could) own property in Los Angeles. Prices seem to never go down, old neighborhoods are rich in equity, new neighborhoods are teeming with tech money and young professionals...

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Small Business Success: Mitigating Legal Issues with Shenon Law

There are many legal issues in owning and operating a small business. Regardless of the nature of the business, the number of employees, or the length of time in business, there are common concerns...

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The Importance of a Business Lawyer

In addition to the legal help needed to create a business and maintain normal operations, a business owner may need to prepare for the possibility of disputes and litigation...

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In California, Commercial Lenders May Face Liability for Negligence Towards Borrowers

Commercial borrowers have been known to experience the pains of “buyer’s remorse” when faced with the realities of paying back a loan. They may feel in over their head with monthly payments...

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Should I Incorporate My Business?

Many small businesses start out very small – often as one person tapping away on their laptop, trying to make their vision a reality. But as ideas develop, a small business can take on a life of its own...

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