In Junkin v. Golden West Foreclosure Service, Inc.,180 Cal.App.4th 1150 (2009), Gary Bennett (a hard money lender) loaned Donald Junkin III (a licensed real estate agent and investor) $856,000 to purchase a property for $1.975 million. The balance of the purchase price came from a licensed financial institution [...]

Beginning January 1, 2012, the Small Claims Court jurisdictional limit will increase from $7,500 to $10,000 for personal claims, other than bodily injury resulting from a car accident. For a claim of bodily injury resulting from a car accident, the increase to $10,000 will not occur until January 1, 2014.

It should be noted that the jurisdictional limit of the Small Claims Court for business related disputes and claims brought by a corporation shall remain at $5,000.

A bad check is a check the bank will not honor. There are two kinds of bad checks: (1) checks marked Non-Sufficient Funds (NSF), which occur when there is not enough money in the account to cover the check; and (2) checks returned because the maker issued a Stop Payment order, which occurs when the account holder instructs the bank to stop [...]

On July 8, 2011, Governor Jerry Brown signed Senate Bill 221 into law. SB 221 increases the Small Claims Court jurisdictional limit from $7,500 to $10,000 with two caveats. First, the jurisdictional limit of the Small Claims Court will remain $7,500 for claims of bodily injury resulting from a car accident if the defendant in the action is insured and the insured's policy includes a duty to defend. Second, the Small Claims jurisdictional limit will remain $5,000 for suits brought by entities such as corporations, [...]

For 2011, the IRS standard mileage rate deduction for business use of a vehicle was 51 cents per mile. Beginning July 1, 2011, the IRS standard mileage rate deduction for business use of a vehicle is increased from 51 cents per mile to 55.5 cents per mile.

Pursuant to California Labor Code §2802, California employers are required to reimburse employees for all [...]