On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Saturday, December 15, 2012. A federal judge and jury in Los Angeles awarded LA-based TechForward Inc. $27 million in its lawsuit against Best Buy. TechForward, a used electronics startup, sued the consumer electronics giant last year for breach of contract and misappropriation...
Developing even a tiny cellphone app requires legal research
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Friday, December 14, 2012. If you are a teenage technology wizard with an idea for a cellphone “app,” you might not consider yourself as an entrepreneur on the way to becoming a small business owner. You also may not think about...
Oil business is booming, but will Chevron need an acquisition?
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Wednesday, December 12, 2012. Oil is understandably a large commodity in California, the United States and worldwide. There are several companies that dominate the oil industry — one of which is Chevron — that have attained massive profit within the industry....
Business dispute could hinder a Tory Burch fashion IPO
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Wednesday, December 5, 2012. The readers of our blog are aware of the fact that there is a multitude of ways to increase the success of a business. One may be by way of expanding business operations to new locations. Another...
Shakira’s hips may not lie, but has her former business manager?
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Monday, December 3, 2012. Deals were once made with a handshake and a little spit. “My word is my bond” was once a relied upon phrase, but it is one that left a lot of room for confusion. The details of...
$1.5 million sanction against Eaton Corp leads to derivative suit
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Wednesday, November 7, 2012. A shareholder’s interests are tied up in how the company is being run and managed. How? It is simple: the better managed a company is, the more success it often has, which means a shareholder’s stock in...
Earlier termination could be contractual breach for CA company
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Wednesday, October 17, 2012. Contracts are an extremely important aspect of California business and are generally very present in almost every aspect of a company. Contracts are commonly used during business formation, such as the duties that one party accepts and the responsibilities...
Drafting LLC operating agreement topic of boot camp conference
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Wednesday, October 10, 2012. The availability of the Internet has changed the way businesses operate. Much of the day-to-day operations are made easier through this technology whether it is the ease in which orders can be made, money can be transferred...
Are tech-savvy acquisitions necessary for established companies?
On behalf of Daniel Watkins of Watkins Firm, A Professional Corporation posted on Tuesday, August 28, 2012. Some of the most long-established companies in the United States have recently been forced to close their doors, and some wonder whether technology is to blame? Do long-established companies have to acquire new-age tech startups or drastically...