What Rights do Minority Shareholders Have in Florida?

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…

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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…

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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…

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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…

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Personal Guarantees for Commercial Leases

Whether you own a small retail space or a large warehouse, it is crucial to protect your property. Asking your tenant to sign a personal guarantee is one of the best ways of achieving that goal.    What Is a Personal Guarantee of a Commercial Lease?    A personal guarantee of a commercial lease is…

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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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Why Your Business Needs a Legal Audit

Why Your Business Needs a Legal Audit

As most business owners are aware, an IRS audit is designed to scrutinize the tax return of an individual or business to ensure accurate reporting and compliance. A “legal audit” functions in a similar way, although the purpose is not to scrutinize a suspicious return, but instead to identify potential issues and ultimately prevent costly…

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Common Legal Mistakes by Small Business Owners

Few things require as much dedication and commitment as running a business. Ask just about any successful entrepreneur and he or she should be able to attest to this fact. This is because operating a business involves so many moving parts, and these many moving parts tend to keep moving constantly. Businesses need tax and…

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