A broad group of business lobbying groups and chambers of commerce vehemently oppose a not-so-business-friendly new bill recently introduced by the California Senate (SB 1286) which would have a significant impact on commercial (business-to-business) debts and for companies utilizing personal guarantees. This proposed legislation could impact a business' ability to send late payment notices or disclosing payment history and could also affect the collection of finance charges under SB 478. [Link to SB 1286 proposal](https://lnkd.in/ggsEmqqc)
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📃 Dive into strategies for law firms to optimise interest earnings, negotiate with banks, and adapt policies amid changing economic dynamics below ⬇️ #FinanceInsights #LegalIndustry
Rising interest rates and the implications for the legal sector | Kreston Reeves
krestonreeves.dsmn8.com
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