FTX Bankruptcy – What Will Happen to Investors’ Money?

If you have been paying attention to financial news recently, you have probably heard that FTX, one of the world’s largest cryptocurrency exchanges, has declared bankruptcy. Its founder and former CEO, Sam Bankman-Fried has been indicted by the U.S. Department of Justice and is awaiting extradition from The Bahamas. The firm’s rapid collapse has left…

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Should You Form Your Business as a Florida Entity?

As you work through the process of starting a new business, you’ll have lots of difficult decisions to make. However, there are perhaps none more important than choosing the state in which you will incorporate your new entity.    There are many reasons to form a business in Florida, including:    Strong Corporate Veil   …

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Strategies to Negotiate Business Contracts

When you are starting a new business, having strong agreements is important.  Well-drafted agreements will protect you and your business in the event of a dispute or legal action. However, most contracts involve complex or nuanced issues that non-lawyers would not be aware of and it is important for non-lawyer business owners not to undertake…

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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…

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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…

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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. …

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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…

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