Rights of Partners in a Business Divorce
Are you planning to separate from your business partner? If so, it’s crucial for you to understand your rights before you begin the process. The exact nature of your rights will depend on the structure of your business. However, they will typically include: The Right to Access Essential Company Information As a…
Issues to Consider When Litigating a Business Divorce
When you start a business with another person, you hope it will thrive for many years to come. If it doesn’t, you will need to find a way to end your relationship. Most business attorneys will tell you the best way to separate from a business partner is through a process of negotiation and…
Resolving a Business Divorce
Are you ready to separate from your business partner? If so, it is essential for you to understand the three main routes you can take to resolve your business divorce. They are: Direct Negotiation Negotiating directly with your partner is undoubtedly the quickest, easiest, and most affordable way to resolve your business divorce. …
Issues to Consider Before a Business Divorce
Nobody forms a business partnership with the expectation that it will all fall apart one day in the future. Nonetheless, these dissolutions (or divorces) happen regularly. They are usually caused by factors such as: Poor business decisions Personal disagreements Financial mismanagement Owner death or illness, or Government intervention If you are thinking about…
Common Business Disputes that Could Lead to Litigation
If you own a business, you understand the importance of good planning. You likely spent hours upon hours researching and organizing before you even opened your doors to the public. Successful businesses don’t just happen, they are the result of careful planning and execution. Unfortunately, some business owners overlook an essential aspect of their business…
Business Owner Disputes Can Lead to Messy Litigation, If You’re Missing this Key Document
When it comes to running a business with multiple owners, there are many decisions to be made. These decisions should not just be vocalized, but written down so they can become legally binding. A Florida LLC Operating Agreement is the necessary governing document that provides for all of the agreed-upon roles, rights, and duties of…
What is Injunctive Relief?
When Florida businesses, business owners, or other parties take legal action against individuals or businesses that caused them harm, they often seek monetary damages. In some cases, though, money is not sufficient to compensate victims for their losses. In such an instance, they may request injunctive relief. Injunctive relief is a legal remedy that…
How Can I Recover My Attorney’s Fees in Florida?
Almost everyone that goes into a lawsuit wants to know if they can win their attorney’s fees if they win their case. After all, who wouldn’t want their attorney’s fees covered? As a business litigation law firm in Florida, we are often asked this question by clients. Like most legal topics, the answer is…
What Rights do Minority Shareholders Have in Florida?
Shareholders in the state of Florida can be broadly categorized into two groups: Majority Shareholders: Individuals or entities that own and control over 50 percent of a company’s shares, and Minority Shareholders: Individuals or entities that own and control less than 50 percent of a company’s shares Florida law grants majority shareholders the…
3 Steps to Protecting Expert Communications in Litigation
During litigation, plaintiffs and defendants will do everything within their power to gain access to the opposing lawyer’s emails, documents, and recordings. These communications and files can contain vital information about their case strategy. Of course, there are some documents a litigant cannot access under (almost) any circumstance. Lawyers can almost always withhold their internal…
Elon Musk’s Purchase of Twitter and Taking a Public Company Private
If you have been paying attention to the news recently, you have probably heard that Elon Musk is purchasing Twitter. The deal is expected to cost around $44 billion, and Musk has announced that he plans to take the company private. When an organization goes private, it removes itself from public stock exchanges like…
Common Post-Closing Merger and Acquisition Disputes
In the merger and acquisition (M&A) process, both the buyers and the sellers can spend significant amounts of time performing their due diligence and negotiating a Purchase and Sale Agreement (PSA). This agreement is created in hopes of reducing post-closing risk exposure. Even with the best of intentions, after the deal has closed the parties…