DLA Piper

DLA Piper has approximately 3,700 lawyers in 25 countries and 65 offices throughout the US, Europe, Middle East and Asia. It has leading practices in corporate, finance, human resources, litigation, real estate, regulatory and legislative, tax, and technology, media and communications.

California Appeals Court Rejects Outside Reverse Piercing Of the Corporate Veil
William K. Woods, Elana Sbarro, October 3, 2008
Individuals will often enter into franchise agreements in their individual capacity with the expectation that the individual franchisee will eventually assign the franchise agreement to a future business entity.

California Budget Includes New 20 Percent Corporate Income Tax Penalty
David Colker, Hugh Goodwin, October 3, 2008
California's budget compromise, signed into law on September 23, includes a new 20 percent penalty on corporations for an "understatement of tax" in excess of $1 million (Revenue and Taxation Code Section 19138). The effective date of this new law is January 1, 2009.

DOL Issues FAQs on Revisions to Form 5500
Anthony A. Dreyspool, October 3, 2008
The US Department of Labor (DOL) has published a series of FAQs responding to numerous questions surrounding the release, late last year, of extensive revisions to Form 5500, the annual financial report of employee benefit plans, effective beginning with the plan year commencing on or after January...