Limited Partnerships are one of the forms of entities available to form in California. Limited Partnership offers limited partners limited liability to the extent of their investment in the business. Nonetheless, Limited…more
Television programming is mostly predicated upon original teleplays/telescripts or literary/dramatic works licensed from third parties. Such licensing is often negotiated through an option/purchase agreement between an author…more
Title insurance is deemed a prerequisite in myriad of real estate transactions including but not limited to purchasing a real property. Buyers must usually acquire title insurance as lenders require acquisition of such insurance…more
Deal Memos might precede an Exclusive Recording Artist Agreement. Deal Memos are primarily intended to eschew protracted, costly and often futile negotiations and instead establish contractual relationships between artist and…more
Like any other business transaction, sale of a business encompasses myriad of considerations. Such considerations often involve risk and its allocations to the parties involved. Parties often have to negotiate and agree upon the…more
Despite the fact most film studios and major production companies have their own distribution company affiliates in one form or another, independent production companies due to lack of adequate wherewithal have to rely on…more
Commercial leasing encompasses a rather disparate array of commercial properties ranging from shopping centers to multi-tenant buildings to free-standing buildings . In addition, the salience of lease in such context cannot be…more
With the advent of wholly newfound media and the ease to pirate songs, any meaningful tangible income from music publishing has drastically diminished. Consequently, it is incumbent upon music participants including but not…more
Despite the importance of having insurance in today's volatile risky business environment, having insurance does not literally translate into adequate applicable coverage. In other words, the business may be paying for some type…more
Procuring and securing financial backing from investors constitutes the sine qua non of entertainment deals. in fact, lack or dearth of money is translated into death knell of the deal especially a motion picture project…more
Despite the fact most shopping centers use a standardized uniform lease for most tenants, numerous aspects of such uniform leases should be analyzed and negotiated, to the extent possible, depending upon the financial strength…more
To live broadcast an event, producers or broadcasters must obtain permission from sponsors. The sponsors could be the ones owning or performing the event in one form or another. The event could be a play, ballet, concert or any…more
From legal perspective, rescission of a contract is distinguishable from cancellation of a contract. Rescission reverts the contract to the day it had not been signed as if the contract had not been made. In fact, the rescinded…more
From legal perspective, making a motion picture is esoteric, convoluted and fraught with peril. The process of movie making encompasses numerous deals and consequent contracts. To properly and prudently effectuate such contracts…more
Shares, classes and series of shares, common shares, preferred shares, convertible shares and options are only among some of the vocabulary promulgated in corporate lexicon. Let us further enlighten ourselves about such…more
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