Office ents in Los Angeles increased 9.3 percent in the final quarter of 2017 compared to the same time period in 2016. That translated to an increase of $3.29 per square foot despite the fact that vacancies were also on the rise in that market. Vacancy rates were at...
Long Beach Business & Commercial Law Blog
Army claims NHL team violates trademark rights
California hockey fans may be excited about the Vegas Golden Knights' inaugural season. However, the Army is claiming that the Golden Knights name is a violation of their intellectual property. It claims that it has used the term Golden Knights since the 1960s for...
Cosmetics company accused of selling used products
The lead plaintiff in a federal class action lawsuit filed on Jan. 26 against Ulta Beauty, a cosmetics company, is a California resident. The lawsuit alleges that the company repackaged returned cosmetics and sold them to customers as though they were new. On Jan. 9,...
Investing in commercial real estate
Investing in commercial real estate means being responsible for keeping those properties in good condition. It may also mean that California residents have to be aware of legal issues related to owning and leasing property. Typically, investors can choose to do the...
Apple facing class action lawsuits over throttling disclosure
The California-based technology giant Apple is facing a consumer backlash after it was revealed that older iPhone models slow considerably when their iOS operating systems are updated. Apple claims that the decision to slow down the performance of older iPhones was...
Financial technology benefits commercial real estate developers
Developers in California may dread the arduous process that can be involved in securing capital funding for their projects. Traditionally, commercial real estate funding involves a months-long process before the prospective borrowers receive their decisions. If they...
Lawsuit filed over faulty auto repairs
Anyone who owns a car in California is likely to need the vehicle repaired from time to time. In Texas, a jury awarded $42 million to a couple injured in a car crash caused by a negligent driver and an auto repair shop after the plaintiffs alleged that the negligent...
Foreign investors sue companies for failed hotel project
According to news sources, a lawsuit was recently filed in California by a group of 60 Chinese investors against the developers and managers of the SLS Las Vegas Hotel project. In the complaint, the investors allege that they were defrauded out of their money to fund...
Disney sues Redbox over digital download dispute
People in California often turn to Redbox kiosks for fast, convenient movie and game rentals. These kiosks are found everywhere from grocery stores to gas stations, and they offer on-site rentals and returns through automation. However, a dispute with Disney may cause...
Domestic CRE investors find opportunities in secondary markets
Foreign investors have been bidding up the price of commercial real estate, especially in the large gateway cities of California. Los Angeles and San Francisco have been the scene of large influxes of foreign money for industrial properties, accounting for a large...
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BACKED BY MORE THAN 40 YEARS OF LEGAL EXPERIENCE, MR. HENRY B. LaTORRACA IS HIGHLY RESPECTED FOR HIS AGGRESSIVE REPRESENTATION.
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