Category Archives: Business Law
Creating an LLC for Estate Planning and Business in Florida
There is a reason there is an actual term called “Land Banking.” The idea is that, generally speaking, those who buy land, buy property, have protected their money in a similar fashion as depositing it in the bank. Of course, no investment is guaranteed. But in recent years the call for property has been… Read More »
Will My Company’s “Business Interruption” Policy Cover Losses Related To COVID-19 Restrictions?
The COVID-19 pandemic has forced the temporary or permanent closure of many Florida businesses. Indeed, even the best-managed company has faced unprecedented challenges over the past two years. And many firms have looked to their own insurance policies–specifically those protecting against loss of income or “business interruption”–to try and make ends meet. Unfortunately, such… Read More »
Businesses Coming Under Scrutiny for “No-Poach” Agreements
“No-poach” agreements—or agreements entered into by companies who agree not to hire each other’s employees—are currently facing a lot of scrutiny. A number of class action and multidistrict lawsuits have been filed against companies, accusing them of enacting practices that violate the Sherman Antitrust Act and striking deals with other companies to prevent employees… Read More »
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 »
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 »
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 »
Should Your Business Go Cashless? Our Attorneys Discuss Your Options
Many businesses have decided to go cashless and accept only card and digital payments of late. Just between 2010 and 2014, the share of transactions that did not involve cash grew by 20 percent. In addition, paying by credit or debit card was the preferred way to pay for 75 percent of consumers surveyed…. Read More »
Sexual Misconduct Allegations in Businesses
The issue of sexual assault has dominated news headlines since the Harvey Weinstein scandal broke. Many do not realize to what extent this issue also affects business litigation, as highlighted by the recent gender discrimination litigation filed against Yale University. Specifically, in late January, three men sued Yale alleging that the university’s sexual-misconduct committee… Read More »
After Forming Your LLC, There’s Still Work to Be Done
A limited liability company (LLC), with its flexible management structure, provides a lot of security to those seeking to found a new startup. However, in addition to forming your LLC, there are a number of steps which need to be taken in order to create a solid legal foundation for your business; steps that… Read More »
Selling Your Business
Those who run their own business are typically well-versed in the day-to-day business transactions and contracts that are necessary to keep things up and running. However, when it comes to how to go about selling your business, there can often be more uncertainty and anxiety involved; precisely because the business is your baby. It… Read More »