Many business owners think only written contracts count in court, but that is not true. In Florida, a verbal agreement can be legally binding if it meets specific legal requirements and both sides can prove they agreed to it. When a verbal agreement can be valid A...
Defamation lawsuits in business can be intense, especially when a company’s reputation is at stake. In Florida, these cases face legal protections under the state's anti-SLAPP (Strategic Lawsuit Against Public Participation) laws. These laws are designed to shield...
Commercial disputes can derail your business plans. When conflicts arise, you may need a formal process to resolve them. Two of the most common options are arbitration and litigation. Understanding arbitration in business disputes Arbitration is a private process...
When running an LLC (limited liability company), one of the main advantages is protection from personal liability. However, the involvement of personal creditors causes many business owners to wonder if they could be at risk. Understanding the nuances of Florida law...
Shareholders hold significant power within a business, especially when they own a considerable portion of the company's shares. While many shareholders act in the best interests of the company, some may attempt to exploit their position for personal gain. To ensure...
As you plan the formation of your new business, you have probably begun researching different business types. Sometimes company structures are very different while others bear strong similarities. This can be the case with limited liability companies and limited...
Given the various ways two different businesses can combine, you should know whether or not a transaction will be beneficial to your company. Many businesses come together through a merger or an acquisition. The difference between these two concepts is important since...
Converting a business, establishing a new one and reviewing core articles are all complex processes. It often helps to break the effort down into smaller, discrete tasks. If you are considering an organizational form more complex than a sole proprietorship or...
Having a partner can be beneficial for many business owners. However, not setting up the partnership correctly can have serious consequences. If you are thinking of starting a company, you should make sure you are going into business with the right individual. You...