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Garrett A. Heckman
Feb 24, 20223 min read
“Law” v. “Equity”
When a dispute arises, I frequently ask my clients, “so what do you want?” It’s a simple question, but the answers vary from client to...
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Garrett A. Heckman
Feb 16, 20223 min read
Piercing the Corporate Veil in California
I've discussed veil piercing previously, but what does that look like in California? How does it actually work in practice? If there is...
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Garrett A. Heckman
Feb 14, 20222 min read
Codes of Regulations/Administrative Codes
California and Texas each have a code of regulations. In fact, each state has such a code in one form or another. These are the rules put...
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Garrett A. Heckman
Feb 11, 20223 min read
Attorney Fees in Civil Litigation
Unfortunately, many attorneys dive into litigation without explaining the cost to their clients. Litigation is expensive, and parties...
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Garrett A. Heckman
Feb 10, 20224 min read
Series LLCs – What, Why, and How?
What is a Series LLC? A series LLC is a type of limited liability company which has different "series" whose assets can be sequestered...
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Garrett A. Heckman
Feb 8, 20224 min read
Limited Liability Companies – What, Why, and How?
LLCs are by far the most popular type of limited liability entity. Since the relatively recent creation of the LLC, LLCs have quickly...
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Garrett A. Heckman
Feb 7, 20222 min read
Piercing the Veil – Ignoring the Entity
More often than not, clients want a limited liability entity (corporation, LLC, etc.) for one main reason: the limited liability. As...
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Garrett A. Heckman
Feb 5, 20222 min read
General Partnerships – What, Why, and How?
What is a General Partnership? A general partnership is a type of business entity that is formed when two or more persons join together...
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Garrett A. Heckman
Feb 4, 20223 min read
Why Your Corporation Needs Bylaws
Bylaws are the governing document of your corporation. They are effectively your corporation's constitution. But why do you need them? To...
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Garrett A. Heckman
Feb 1, 20222 min read
California Home Improvement Contracts (Section 7159)
California Bus. & Prof. Code section 7159 contains most (not all) of the requirements for a home improvement contract ("HIC") for...
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Garrett A. Heckman
Jan 31, 20222 min read
Sole Proprietorships – What, Why, and How?
By far the most common business entity in the United States is the sole proprietorship, generally between 70% and 75% of all businesses....
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Garrett A. Heckman
Jan 28, 20222 min read
Nonprofit Corporations – What, Why, and How?
What is a nonprofit corporation? A nonprofit corporation is a corporation similar to for-profit corporations. They have a board of...
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Garrett A. Heckman
Jan 27, 20222 min read
“Common Law” – A Brief Explainer
“Common law” refers to the legal system developed in medieval England and exported to most of Britain’s former colonies and protectorates...
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Garrett A. Heckman
Jan 26, 20221 min read
Senate Investigation of Opportunity Zones
Sen. Ron Wyden of Oregon will lead a Senate Finance Committee investigation into the opportunity zone program. Sen. Wyden's stated ...
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Garrett A. Heckman
Jan 25, 20222 min read
What is Limited Liability?
One of the benefits of forming a corporation or a limited liability company (LLC) (or LP, LLP, LLLP, etc.) is that they offer limited...
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Garrett A. Heckman
Jan 21, 20221 min read
Texas Bills to Watch in 2022
There aren't any. For those who don't know, the Texas legislature meets only in odd-numbered years. If anything comes up (legislators...
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Garrett A. Heckman
Jan 21, 20222 min read
California Bills to Watch in 2022
As a kind of follow-up to my Top 5 New Business Laws in California for 2022 (available here), here are the bills to watch for 2022 (and...
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Garrett A. Heckman
Jan 18, 20223 min read
Maintaining Corporate Records
Different states have different factors they consider when it comes to veil piercing (that is, ignoring the liability shield provided by...
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Garrett A. Heckman
Jan 18, 20221 min read
"States" or "Jurisdictions"?
I've used the words "states" and "jurisdictions" in a way that probably makes them appear synonymous. There is overlap, but they are not...
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Garrett A. Heckman
Jan 12, 20222 min read
Converting an LLC into a Corporation
LLCs are pretty great. They combine the informality of a partnership with the limited liability of a corporation. They can be taxed like...
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