New California Appellate Decision Requires Entities to Maintain License Subsequent to Transfer of Contractual Obligations to New Entity
NEW CALIFORNIA APPELLATE DECISION REQUIRES ENTITIES TO MAINTAIN LICENSE SUBSEQUENT TO TRANSFER OF CONTRACTUAL OBLIGATIONS TO NEW ENTITY The Court of Appeal of the State of California, First Appellate District, Division One, held on August 20, 2015 that a corporation must maintain a license under the Contractors’ State License Law (“CSLL”), even after transferring contractual obligations. In the case, Judicial … Continue reading