Avoiding a Breach: Understanding Fiduciary Duties and Responsibilities

business law lawyer Kent Frazer, Tampa Florida, The Frazer Firm

As a business owner or executive, it is critical to understand your fiduciary responsibilities. A fiduciary duty is the legal obligation to act in the best interest of another party, and it applies to a wide range of business relationships arising from ownership of business as a shareholder, member, or partner, and as an employer,…

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Ways For An Established Business To Limit Legal Risk

Every company faces legal risks, no matter its size or industry. To protect their businesses and assets, understanding risk and compliance is essential for owners and stakeholders. If your business is not compliant with official rules and regulations, you may find your company wrapped up in costly litigation.     Consequently, your organization will spend time…

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What is a Tortious Interference with Contractual or Business Relationships Claim?

All businesses rely on contracts to operate efficiently and to protect business interests.  A tortious interference with a contractual or business relationship in Florida occurs when a third party to a business agreement intentionally disrupts that business relationship.     Written contracts are necessary for businesses to operate efficiently. From employees to sellers and partnerships, sound…

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Case Law Update – Taubenfeld v. Lasko

An Examination of Fiduciary Duties in a Closely–Held Corporation When business relationships turn sour, they can often become as bitter and unpleasant as the worst divorces. Some people like to think that business can be completely removed from personal feelings, but the truth is that business conflicts can often be very emotionally-charged. There may be many…

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