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Partnership Buyout in California: California allows for partnership buyout in lieu of partnership dissolution

January 13, 2022

Real estate litigation lawyers in Los Angeles are usually very familiar with partnership disputes and dissolutions. However, not all real estate attorneys are familiar with California’s Corporation Code and its provisions regarding the partnership buyout procedure. This code section provides that in a suit for …

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Recent Blog Posts

Family Feud: A Real Property Lawsuit Among Family Members

November 2021

Family litigation over properties involves issue of fiduciary duties and cancellation of deeds. Los Angeles Real estate litigation attorneys who handle family lawsuits relating to property often find themselves mired in complicated family relationships.  The complicated family relationships often lead to complicated legal issues.  In …

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From a Partition Attorney: Partition Actions, Judgment Liens and Priority

November 2021

A lien holder who fails to renew its judgment loses that priority even after entry of an Interlocutory Judgment in a partition lawsuit. In a recent California court of appeal opinion the court dealt with what it calls a straightforward issue:  In a partition action, …

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Corporate Fraud Lawsuits:  The Role of The Corporation In A Derivative Lawsuit

October 2021

Corporate Directors Accused of Looting The Corporation May Not Shift The Cost of Their Defense To The Corporation. Corporate fraud lawsuits often center around Directors who loot the corporation.  Or Members who loot the LLC.  Their tortious conduct can include stealing or embezzling money from …

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Partition in Kind vs. Partition by Sale: Partition Lawsuits Explained

September 2021

The law favors division over sale but partition may not interfere with zoning laws or the existing mortgages. A partition lawsuit in California allow co-owners of a property to sell or divide property so that the co-owners no longer have to be entangled with each …

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A Partnership Plundered: The Wind-Up Of A General Partnership Actually Requires Winding Up Rather Than Self-Dealing Conversion

August 2021

The situation is not uncommon.  Business partners in a partnership dispute often simply move the business over to another entity and try to proceed without the problematic partner.  And they fail to confer with an experienced business attorney to help with the process.  However, in …

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A Look Back At Laine Wagenseller’s Building Men in Uganda Program 2013

July 2021

I recently came across an old article I wrote about the work I do in Uganda with Bringing Hope to the Family Orphanage.  I thought you would enjoy it. Building Men in Uganda “This is my beloved son with whom I am well pleased.”  Matthew …

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