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Publication | Business Law Attorneys
Poole & Shaffery, LLP
Sidebar Issue 147 | Jannuary 2023

California Supreme Court Rejects Appeal of Default Interest Case

As previously reported (Sidebar Issue 145), the California Court of Appeals determined that a default interest rate and late fee charges are unlawful when assessed against the entire outstanding loan amount following the failure to pay one installment, and thus could not be collected by the lender. Honchariw v. FJM Private Mortgage Fund, LLC, 83 Cal.App.5th 893.

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By:  Chris S. Jacobsen

Notice to California Employers: The Minimum Wage has Increased

With the start of a new year, a number of new and modified California laws have gone into effect. The most impactful and widely applicable of these is the increased minimum wage rate in California. On January 1, 2023, the California state minimum wage rate increased to $15.50 per hour for all employers, regardless of size.

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By:  Nader Sabawi

Featured Verdict: Community College Employee Awarded $2 Million in Retaliation Law Suit

Levi Miller v. Desert Community College District (Riverside County Super Ct. No. PSC1904248): On October 27, 2022 a jury awarded a $2 million verdict to Levi Miller, a part-time instructor who filed a retaliation law suit against his employer Desert Community College District.

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