80/20 companies: Dispelling common misconceptions

80/20 companies: Dispelling common misconceptions

Building on our prior Tax Notes State article that examined the history, purpose and policy rationale behind 80/20 company rules, Partners Jeff Friedman and Ted Friedman, and Associate Stephanie Terinoni, revisit the topic in this installment of “A Pinch of...
CA: Appellate Court Applies Soule

CA: Appellate Court Applies Soule

Harcourt v. Tesla, Inc., 119 Cal. App. 5th 838, 847-848, 850-851, 343 Cal. Rptr. 3d 58, 64, 67, ___ P.4th ___, ___ (2026) (applying Soule restriction that “ ‘the consumer expectations test is reserved for cases in which the everyday experience of the...