In Murray’s Iron Works, Inc. v. Boyce (2008) 158 Cal.App.4th 1279, our attorneys won a published reversal of the trial court’s order granting a contractor statutory penalties and attorneys’ fees. The Court of Appeal held that Civil Code §3260.1, which applies to construction contracts involving “progress” payments, does not apply to construction contracts where the only payments are either down payments or payments upon completion.
Commercial ground leases are long term leases of land where the tenant pays for the property’s expenses (i.e., maintenance) and is permitted to build improvements. The leases typically range from fifty to ninety-nine years. The leased land is typic…
Partners owe duties to one another called “fiduciary duties.” But, what are these fiduciary duties? And, what are the other partner’s rights if they’re violated. This blog answers those questions.
A. What are fiduciary duties?
A partnership i…