Case Studies

‍Many of our clients have us form corporations to shield them from personal liability for their business endeavors. However, courts sometimes find reasons to “pierce the corporate veil" and impose personal liability on company owners and shareholders if the company…

Lanak & Hanna is often asked to draft a contract for our client or review a contract that has been presented to our client by the owner or prime contractor. We have attorneys who are well versed in drafting and…

By California statute, those who provide labor, services, equipment, and materials to a construction project are entitled to record a mechanic's lien or serve a stop payment notice. A mechanic's lien affects the owner by "attaching" to the real property…

By some estimates, family-owned businesses employ 60% of the U.S. workforce and create more than 70% of all new jobs. However, only 30% of family owned business last to the second generation of ownership, and only 12% last to the…

Rarely is there a project that does not involve extra work. Whether it be directed by the owner or prime contractor, or arising out of changed conditions, extra work occurs on nearly every project. Generally, contractors are concerned with performing the…

As a commercial supplier (often referred to as a creditor), it can be hard enough to turn accounts receivable into revenue. This is especially true when the particular client or debtor goes out of business and closes its doors. But…

Clients are often confused as to the application of the indemnity or hold harmless provision in services/commercial contracts.

In recent years, the Division of Labor Standards Enforcement (“DLSE”) has stepped up the monitoring and investigation of public works projects throughout California and the enforcement of California’s prevailing wage laws. If the DLSE determines that there was a violation…

Create a corporation and limit liability, right? Not necessarily. There are specific requirements under California law which must be met in order to maintain a corporation. These requirements are commonly referred to as “corporate formalities.” Corporate formalities are the basic…