Definition of Wages

Definition of Wages

What amounts are included in wages? We get variations on this question all the time including, “Is my bonus part of my wages?” The Law Wages are defined under California Labor Code § 200 to include “all amounts for labor…

§ 1031 Exchanges

§ 1031 Exchanges

What is a §1031 Exchange? Section 1031 provides for “Nonrecognition of gain or loss from exchanges solely in kind: (1) In general. No gain or loss shall be recognized on the exchange of property held for productive use in a trade…

Commercial Leasing: Surrender and Termination

Commercial Leasing: Surrender and Termination

In the current recession, commercial landlord’s are just beginning to feel the pressure from tenants seeking rent concession or the outright elimination of their rent obligation. See Wall Street Journal, “Struggling Retailers Press Struggling Landlords on Rent”, January 2009. There…

Got fired?

Got fired?

If you are about to be fired (or just got fired)…What Should You Do? Whether you see your own layoff on the horizon or think it could never happen to you, it is important to be prepared for a layoff…

California Non-Compete Agreements

California Non-Compete Agreements

California Non-Compete Agreements: It’s No Contest after Edwards Long-term employment when companies quickly become aware the past for most American workers, especially in the technology forward California economy. Employers have benefited from these changes, by receiving the benefit of rapid…

Real Estate Fixtures

Real Estate Fixtures

The typical fact pattern arises when a tenant during the course of his tenancy adds various items to the leased premises. Do these items belong to the tenant or to the landlord? Can the tenant remove these items when the…

Notice

Notice

Contractual notice is one of those simple concepts that can get very complex in practice, and have draconian consequences. Real estate law, particularly Landlord-Tenant relationships, is loaded with notice requirements. Some examples are notices to renew or extend in a commercial…