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CALIFORNIA CORPORATE & SECURITIES LAW

Court Rejects Use Of Alter Ego Doctrine To “Borrow” Contractor License

California’s Contractors’ State License Law, Business & Professions Code Section 7000 et seq., requires contractors to be licensed unless they are exempt from licensure.  Those who perform contracting work without a license run a very real risk of working for free.  Section 7031(b) provides, with one exception, that a person who uses an unlicensed contractor may bring…

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Another Fissure In The Internal Affairs Doctrine?

In this post from last November, I mentioned two New Jersey decisions applying New Jersey law rather than the law of the state of incorporation.  Krzastek v. Global Resource Industrial & Power, Inc., No. A-1815-06T2 (N.J. Super. Ct. App. Div. Sept. 11, 2008) and Conway v. DialAmerica Marketing, Inc., No. BER-C-116-08 (N.J. Super. Ct. Ch.…

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