Author Archives: Jay Butchko
Common Mistakes Made When Selling Your Business
There are many considerations to take into account when selling your business, including the timing and valuation of the business. And, in fact, there are many things that can go wrong and frequent mistakes that people make when selling their business. Below, we discuss some of these potential mistakes and pitfalls. You always want… Read More »
Florida Supreme Court Case Could Determine Future of Foreclosure Defense Cases
A new Florida Supreme Court case that involves foreclosure defense and the ability for attorneys to collect attorneys’ fees is gaining widespread attention, as well as concern from those who bring these types of cases if/when lenders are quickly (and possibly mistakenly and/or in bad faith) foreclosing on property. Not only could the case… Read More »
Estate Planning For Digital Assets
Because so many transactions in our lives are conducted ‘electronically’ today, estate planning is, of course, affected by this transition. This is especially relevant when it comes to ‘digital’ assets, or any electronic items that have monetary value–like cryptocurrencies–as well as any other transactions conducted online, including any conducted by email. However, because electronic… Read More »
U.S. Supreme Court Decision Expected to Have Drastic Impact On Business Litigation
A U.S. Supreme Court decision made on Monday, May 21 is projected to have a significant impact on businesses, potentially saving them from engaging in excessive business litigation. In a nutshell, the Court decided that employees who sign arbitration agreements regarding any employment-related legal claims cannot pursue such claims as part of a class… Read More »
The First Steps in Preparing Your Foreclosure Defense
Foreclosure is, unfortunately, a reality that many Americans have to deal with, especially as our economy and the job market continue to change. In April alone, there were more than 64,000 properties with a foreclosure filing nationwide. There are a number of housing markets where foreclosures are picking back up. Typically, a foreclosure starts… Read More »
New Florida Law Addressing Foreclosure Defense after Bankruptcy Explained
In late March, Governor Rick Scott signed a bill into law that affects foreclosure defense in the state of Florida. Specifically, Senate Bill 220 addresses the property rights of defendants with respect to the overlap between bankruptcy and foreclosure proceedings. Below, we provide some clarifications when it comes to contesting a foreclosure after bankruptcy… Read More »
The Pros and Cons of Subscription Services as Business Transaction Models
These days, the subscription has become more popular than ever as a business transaction model: Amazon, Netflix, Dropbox, Spotify, etc.—all are based on users paying for a regular, supposedly superior service. The subscription-based business model is appealing to many because it arguably “locks in” a specific number of customers for a set amount time,… Read More »
Important spring 2018 Business Litigation Cases & Decisions
Spring 2018 saw a number of important federal filings, decisions, and updates made with respect to the field of business litigation. Below, we discuss these in depth: Sanctions Imposed For Records Destroyed According to a recent ruling by a federal magistrate judge, a former CEO was sanctioned for destroying documents retrieved from his company’s… Read More »
New Tax Law Affects Estate Planning
The new tax law that was signed into effect represents one of the most significant changes to the tax code over the last 30 years, and has an impact on estate planning. Among its many changes, the law doubles the estate, generation-skipping, and gift transfer (GST) exemptions. We discuss this in greater detail below…. Read More »
How to Use an Accounting under Florida Law to Hold a Business Partner Liable
Daily Business Review recently featured an interesting article addressing the issue of international partnerships in business litigation and how to obtain justice by finding a jurisdictional hook that allows the U.S. company to hold the international business partner liable. The answer lies in what’s known as ‘the right to an accounting.’ This refers to… Read More »