Nobody likes “For Lease” signs filling the windows on Main Street. The result of a bust in the economic cycle, mass business closures and unemployment are the extreme conclusion that political candidates swear to fight every time we have an election.
California’s business community has struggled to navigate our state’s complex legal environment for too long, getting burned with billions of dollars in frivolous lawsuits. But for some reason, the State Supreme Court recently decided to pour gasoline on the fire and set a precedent where laws can be applied retroactively, even to legally binding contracts.
