Expulsion in Operating or Shareholders’ Agreements requires clear procedures, triggers, decision-makers, fair repurchase prices, payment terms, and careful consideration of withholding circumstances to ensure fairness and productivity.
Post-pandemic commercial leases require updated force majeure clauses, termination rights for affected tenants, and rent relief provisions for flexibility and fairness. Protecting both parties, these clauses adapt to a changing business landscape.
Learn about the recent amendment to Florida Statute 553.84 that defines the scope of a private cause of action for building code violations. Understand the requirements, limitations, and the concept of material violations. Consult experienced construction counsel before pursuing a lawsuit.
If you’re planning to sell your business, choosing between an asset sale and an equity sale can significantly impact your returns and transition to future endeavors. Read on to learn more about the key considerations when selling a business.
Imagine making a loan to a business for its use as start-up capital. Loan documents are drafted, and to secure payment, you retain an option to purchase equity in the company. If the company doesn’t pay on time, you may have the option to take control of the company. The […]
As technology advances, businesses have more options to employ big data and implement lost-cost marketing strategies in reaching customers and generating revenues. However, the Telephone Consumer Protection Act (“TCPA”) contains strict provisions to ensure that businesses are not abusing that technology and harming consumers with harassing telemarketing calls and texts. […]
The Telephone Consumer Protection Act (“TCPA”) contains strict provisions to ensure that businesses are not abusing that technology and harming consumers with harassing telemarketing calls and texts. The TCPA is one of the most heavily litigate statutes, often levied in the form a class-action complaints with potential exposure to millions […]
Enforceability of Non-Compete Agreements In Florida, non-competition agreements are not enforceable, unless it is supported by the existence of one or more legitimate business interests. Section 542.335, Florida Statutes, governs the enforcement of a non-compete agreement, and it provides a list of business interests that would support enforceability. Specifically, the […]
When the deal is done and the parties shake hands, people are mostly optimistic that the other party will perform as agreed. It’s typically only when something goes wrong, that’s when the parties will look to the terms of the written agreement to determine who is liable. It happens more […]
Far too many of us fail to take the time and effort to set up a basic estate plan in the event of an untimely passing. It’s easy to understand why. No one wants to think about how their estate is handed down after they pass away. In spite of […]