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Steven E. Springer

GOVERNOR SIGNS NEW CALIFORNIA FRANCHISE LAW

On October 11, 2015, Governor Jerry Brown signed into law Assembly Bill 525 which amends the California Franchise Relations Act. The amendments significantly change what is required for the termination or transfer of a franchise agreement and it creates new remedies for violations of the statute.

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Steven E. Springer

NEW LAW AMENDS THE CALIFORNIA FAMILY RIGHTS ACT

Since 2000, the California Family Rights Act (CFRA) has required coveredemployers to approve time off for their employees in the event of a personal illness, the need to attend the illness of a family member, or the birth or adoption of a child. The most recent set of amendments to the CFRA went into effect July 1, 2015.

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Steven E. Springer

AMENDED EMPLOYMENT LAWS IN CALIFORNIA

This year, a series of new employment laws were implemented in California. Among the most significant are new regulations on the proper reporting of safety concerns, guidelines to address arbitration as an alternative form of dispute resolution, and instructions on how data breaches should be handled.

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Steven E. Springer

NEW EQUAL PAY LAW

The California legislature recently passed a bill amending the state’s Fair Pay Act and providing greater protections against sex discrimination in wages.

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Steven E. Springer

CALIFORNIA SMALL BUSINESS SUCCESSION PLANNING

If you own a small business or a share of a business, it may be your most valuable asset. Unfortunately, many small businesses do not survive the retirement or death of their owners. Thus, responsible succession planning, meaning planning for the transfer of ownership and management after an owner leaves, is key to a business’s continued success.

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Steven E. Springer

TERMINATING A CORPORATION IN CALIFORNIA: WINDING UP

Before a corporation may begin termination, the shareholders must either vote for dissolution or sign a consent to dissolve. If they vote to dissolve, the corporation must file a Certification of Election to Wind Up and Dissolve with the state of California. Next, the winding up process begins.

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Steven E. Springer

TERMINATING A CORPORATION IN CALIFORNIA: DISSOLUTION

Sometimes, the people who run a corporation decide to end the business. However, they cannot simply walk away. There are legal obligations involved in dissolving a business that is registered with the state. In most cases, when a corporation ends, the shareholders must first dissolve and wind up the business.

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