Expert Advice on Legal Questions and Procedures

Court Judgments and Taxable Income: Everything You Need to Know

Court Judgments 101 Court judgments are the result of a judicial decision, which is a decision made by a court, in either the Civil or Criminal system. The decision may involve the resolution of a dispute between two or more parties, or a criminal finding against an individual or entity....

The Basics of Post-Nuptial Agreements in Colorado

What Is a Post-Nuptial Agreement? Post-nuptial agreements are governed by statutory law in Colorado. The statute on post-nuptial agreements provides: "(1)(a) Seven days or more after the marriage of the parties, the parties may enter into an agreement in writing which: (I) Waives, except to the extent specifically waived, any...

A Guide to Encroachment Agreements: All You Need to Know

Encroachment Agreements Explained Encroachment Agreements are (mostly) useful instruments to deal with encroachments. That said, as with all agreements, one needs to understand the terms and ramifications thereof.Simply stated, an Encroachment Agreement is a contract that allows one party to encroach on another party’s property. In the context of real...

Understanding Legal Capital: What You Should Know and Why It Matters

What Exactly is Legal Capital? What is legal capital? The legal capital of a corporation refers to the portion of a company’s equity that cannot be returned to shareholders as a distribution, mirroring the original value of their investment. In a limited liability company ("LLC"), however, legal capital may refer...

Choosing an Appropriate Breach of Contract Attorney in San Diego

Overview of a Breach of Contract in California Under California law, a breach occurs when a party fails to perform a promise that was made to perform in a certain way or by a certain time, or to do an act at all. A breach may be "major" or "minor."...

Nevada Real Estate License Renewal: Important Requirements and Tips

The Nevada Real Estate License Renewal Guide Renewing a real estate license in Nevada is a necessary step for all active realtors wishing to continue their legal and professional practice. The renewal process is designed to ensure that all licensed individuals maintain current knowledge of industry standards, legal requirements, and...

Bylaws versus Operating Agreement: What’s the Difference?

Bylaws and Operating Agreements – An Overview There are a few key documents that every business and organization should have in place to help ensure their longevity. One of those documents is a set of bylaws or an operating agreement.A Bylaw is essentially a contract put in place by a...

California’s Statute of Limitations for Debt Collection

What is California’s Statute of Limitations for Debt? As we mentioned previously, the statute of limitations plays an important role in determining the time period after which a creditor or lender must stop trying to collect on a debt and/or sue you in court in order to collect.Unlike other states...

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Understanding the Cause List of the AP High Court

What is the Cause List of the AP High Court? The concept of Cause List is an important one and forms the basis of the way the Andhra Pradesh High Court works. The Cause List basically describes to litigants the list of benches which are adjudicating on which cases, when,...

Independent Sales Rep Agreements: Essentials and Best Practices

What is an Independent Sales Rep Agreement? Independent sales representative agreements are contracts that appoint independent agents to sell products or services in a particular territory. The agent acts on behalf of the principal (the business entity), typically on a commission basis. The agreement is drawn up between the company...