Zalkind v. Ceradyne, Inc.

In Zalkind v. Ceradyne, Inc. (2011) 194 Cal. App. 4th 1010, Ceradyne, Inc. (Ceradyne), entered into an asset purchase agreement (asset purchase agreement) with Stanley and Elizabeth Zalkind (the Zalkinds) and Quest Technology, LP (Quest), a limited partnership owned by … Continue reading

Posted in Blue Sky Law, Contract Drafting, Purchase and Sale of a Business, Securities Law | Tagged , , , , | Comments Off on Zalkind v. Ceradyne, Inc.

Timely Dissolution Can Protect Shareholders

When a California corporation dissolves, it continues to exist for the purpose of defending claims against it (and prosecuting claims in its name), though a claim by a creditor against a shareholder to recover assets distributed in the distribution must … Continue reading

Posted in Alter Ego Liability, Corporate Law, Piercing the Corporate Veil | Tagged , | Comments Off on Timely Dissolution Can Protect Shareholders

Breach of warranty in the sale of goods and the statute of limitations

Cardinal Health 301, Inc. v. Tyco Electronics Corp. (2008) 169 Cal. App. 4th 116. Holdings Noted The four-year statute of limitations bars warranty claims unless the warranty explicitly extends to future performance of the goods and discovery of the breach … Continue reading

Posted in Commercial Law | Tagged , , , , , , , , , , , , | Comments Off on Breach of warranty in the sale of goods and the statute of limitations