BETHEL & JACOBS

Here's a rewritten version of the article, tailored to be more accessible and relevant to business owners: Can You Wipe Out IRS Tax Debt in Bankruptcy? The 3-2-240 Rule Explained If you're a business owner drowning in IRS tax debt, you might feel like there's no way out. The IRS has powers that most creditors can only dream of — they can garnish your wages, freeze your bank accounts, and place liens on your property, all without taking you to court first. That's a serious thr

California Usury Laws: What Borrowers and Lenders Need to Know California’s usury laws limit how much interest can be charged on loans or forbearance of money. Violating these limits can void a loan, trigger repayment penalties, or even result in criminal liability. Knowing the rules helps lenders stay compliant and allows borrowers to identify illegal or predatory lending practices. Interest Rate Caps Under Article XV, Section 1 of the California Constitution , non-exempt le

Understanding Minority Shareholder Rights Minority shareholders—those who own less than half of a company’s shares—have important legal rights under California law. These rights protect them from unfair treatment by majority shareholders and management, particularly in closely held corporations where shares are not traded publicly and are difficult to sell. Why These Rights Matter For Investors? In small, private corporations, majority shareholders often control most busines

Kennemur ( Kennemur v. State of California (1982) 133 Cal.App .3d 907) was about using a surprise expert opinion to challenge the other...