Did Your “MBO” Become an “MB-No!”?

Did Your “MBO” Become an “MB-No!”?

What is an MBO Compensation Plan? Also know as a “bonus plan,” “quota plan,” “incentive compensation plan,” “performance based compensation plan” and an array of other terms, “MBO” literally means management by objective, and in practice refers to any compensation…

Are Stock Options “Wages”?

Are Stock Options “Wages”?

The Definition of Wages in California Under California Labor Code §200 wages are defined to include “all amounts for labor performed by employees of every description, whether the amount is fixed or ascertained by the standard of time, task, piece,…

Failure to Disclose…No Harm, No Foul?

Failure to Disclose…No Harm, No Foul?

California is home to over 35,000,000 people. With all those real estate transactions happening in the State, it has become common for an allegation of a “failure to disclose” to arise after escrow has closed on a residential sale (e.g.…

Selling Your Minority Interest: Owner-only

Selling Your Minority Interest: Owner-only

Selling a minority interest in a privately held business in California must be handled thoughtfully. First, if you are able to sell a minority interest in a privately held business for a profit (whether small or substantial) you are already…