Category Archives: Business
Shareholder Rights In Florida
Any business that is traded publicly will have shareholders. Common shareholders have paid to own a ‘share’ of the company, which grants them a voice in how the business is run. Shareholders have both rights and responsibilities, and it is crucial to understand and uphold both, to preserve your shareholders’ faith in your company… Read More »
Merger & Integration Clauses In Florida Business Contracts
Despite its name, a merger & integration clause (MIC) in a Florida business contract has nothing to do with mergers and acquisitions. MICs are clauses that attempt to establish that the written terms of a contract are the ‘complete and final agreement’ between the parties, to the exclusion of outside (also called “parol”) evidence…. Read More »
Enlisting Outside Corporate Counsel Can Help Save Your Company
When getting off the ground, some small businesses simply do not require much legal assistance. However, the need almost always becomes pressing as a company grows – simply too much is going on for the average business owner to handle on their own. Having a general counsel for your business is always a good… Read More »
Moving Your Business To Florida
It is not uncommon, depending on the industry, for successful businesses to migrate from state to state, if their market research leads them to do so. Florida is attractive for several different lines of work, including real estate and finance. However, one cannot simply pick up and relocate to Florida; certain legal requirements must… Read More »
Florida Businesses & Breaches Of Fiduciary Duty
A fiduciary is a person who holds a legal or ethical duty of trust toward a person or entity. It is a foundation of business law, with fiduciary duty used as an effective deterrent to unethical conduct for many actors. However, many do breach their fiduciary duty, whether through accident or malice, and the… Read More »
FTC Proposes New Rule To Ban Non-Compete Agreements
On January 5, the Federal Trade Commission (FTC) proposed a new rule which would ban the use of non-compete agreements by United States employers. In its release, the FTC estimates that ending such a practice could increase wages by up to $300 million, and effectively free a percentage of U.S. workers from being caught… Read More »
Breach Of Contract In Florida Business Transactions
When two people or businesses enter into a contract, they are essentially relying on each other to uphold their respective ends of the bargain. However, contracts are breached with regularity, leaving one party in a potentially unpleasant position if they have relied upon the contract’s completion. If your business has been subject to another’s… Read More »
Choosing Between LLC or Corporation: Which is Better for Your Florida Business?
Starting a new business is exciting, but it can also be overwhelming, especially for small business owners who aren’t exactly sure what type of business entity is right for them. Two of the most common types are the Limited Liability Company, typically known as an LLC, and the corporation. However, there is also another… Read More »
Are Non-Compete Clauses Enforceable in Florida?
Companies who have non-compete clauses drawn up assume they will always be enforceable, while people who are presented with them want to know whether or not they are bound by the terms. In certain situations, the answer to both of these questions is yes. Depending on the terms of the non-compete agreement, the courts… Read More »
