[COLUMN] Division of a business in a California divorce
When a married couple decides to divorce in California, one of the most significant issues they will face is dividing their assets and debts. If the couple owns a business…
Covering the week’s most noteworthy business news impacting the Filipino-American and Global Filipino community.
When a married couple decides to divorce in California, one of the most significant issues they will face is dividing their assets and debts. If the couple owns a business…
SACRAMENTO — The state’s $247 million API Equity Budget, set to expire next year, may not be renewed as California faces an unprecedented $22 billion budget deficit, said California Asian…
The Philippine Travel Exchange (PHITEX) 2023, the country’s premier government-organized travel trade event organized by the Tourism Promotions Board (TPB) Philippines, makes a triumphant return to Cebu City after 16…
IN family enterprises, a sobering truth prevails: With each generational transition, the odds of a company’s survival diminish. This fact isn’t mere conjecture; it’s a hard-earned lesson observed…
California Family Code section 4504 allows a noncustodial parent to be credited towards their child support obligation for the amount of federal government payments they are receiving on behalf of…
Pablo, a hardworking Filipino mechanic and naturalized U.S. citizen,, worked in Los Angeles for 23 years and earned enough to retire. However, he was persuaded by an insurance agent to …
by Gloria T. Caoile and Kathleen Topacio Flores AS individuals who have spent a significant portion of our lives in the realm of labor unions, we have had the honor…
The Hotel Sales and Marketing Association of the Philippines establishes a platform where travel and tourism professionals can gain knowledge and skills to enhance their international career prospects (Pasay City,…
SKY River Casino announced recently a new president and three executive level management promotions by the Wilton Rancheria Tribe and their manager Boyd Gaming Corporation of Las Vegas. Michael J….
SEATTLE – Philippine Consul General Neil R. Ferrer attended a number of meetings and activities during the Asia-Pacific Economic Cooperation (APEC) Third Senior Officials’ Meeting (SOM3) and Related Meetings held…
Establishing parentage rights for Moms is a lot easier than establishing one for unmarried Dads. Moms can establish this by simply showing proof of her having given birth to the…
IF you’ve watched the news lately, you’ve probably seen the shocking videos of smash-and-grab mobs stealing merchandise from some high-end stores. The news media have been playing these eye-catching videos…
Philippine Consulate officials led by Deputy Consul General Raquel R. Solano welcomed Philippine Airlines (PAL) executives to the Philippine Center in San Francisco on August 17, 2023. PAL Assistant Vice…
Tanduay continued its dominance in the global rum category as it was declared the World’s Number 1 Rum anew by Drinks International Magazine. According to data collated from public company…
SACRAMENTO – California State Treasurer Fiona Ma announced the results of $706.6 million in revenue bonds for the Regents of the University of California (Regents). Proceeds of the $586.5 million 2023 Series…
IF you have an existing child support or spousal support obligation (court order) and your income decreases or even worst if you are laid off from your job causing a…
You may not be paid wages for all hours worked You may not notice, but some employers round down work hours and pay lesser wages for hours other than those…
THE Federal Trade Commission (FTC) charged that a business opportunity and coaching scheme bilked consumers out of tens of millions of dollars. The scheme grew on the back of baseless…
Many reading this may be surprised to learn that domestic workers are not protected by the important workplace health and safety laws applicable to other California employees. A new law…
There is never the perfect time to think about who you would like to inherit from your estate in case you pass away or at least who among your closest…
An independent assessment of the Makati Commerce Tower found that building achieves 22% lower electricity consumption and 58% lower water consumption from its operations compared to a similar non-green commercial…
Four women-led enterprises are all set to chart their transformative journeys to further their social causes, thanks to the cash grant and mentoring support from the InLife Negosyo Challenge. The…
Gina de Venecia, more known as “Manay Gina” to friends and supporters, was thrust into the spotlight when her husband, Jose De Venecia, became Speaker of the House of Representatives….
UCC Holdings Japan Acquires Majority Shares of Allegro Beverage Corporation, Fostering Sustainability and Growth in the Philippine Coffee Industry Manila, Philippines – Ueshima Coffee Co., Ltd. (UCC) Holdings Japan, a…
Sen. Mark Warner, D-Virginia and co-chair of the Community Development Finance Caucus, joined a venture capitalist, a community leader, and a young entrepreneur July 14 to lay out the challenges…
The 11th Regional Travel Fair, organized by the Tourism Promotions Board (TPB) Philippines, made a triumphant return to full onsite event since the COVID-19 pandemic, generating over PHP 110 million…
This is what I call a borderline Chapter 7 case with asset. Therefore, it is the better part of caution not to file Chapter 7 because the asset may be…
Q: I WAS recently diagnosed with an illness that will require surgery and weeks of recovery. I’m worried about my job and someone suggested I should inform my employer and…
Generally, in California, property acquired by a spouse prior to marriage is considered separate property under family code section 770 while those acquired after marriage are considered community assets under…
IN the absence of a premarital agreement, the general community property presumption under California family code section 760 controls which provides “ ….all property, real or personal, wherever situated, acquired…