Posts Tagged ‘business tips’
Your Company is Going to Be Deposed – Exploring Recent Updates to the Federal Corporate Deposition Rule
Is your corporation involved in a lawsuit? If so, you should be aware that the Supreme Court recently approved an amendment to Federal Rule of Civil Procedure 30(b)(6). What is Federal Rule of Civil Procedure 30(b)(6)? Rule 30(b)(6) is the main rule governing the taking of depositions involving: Public corporations Private corporations Partnerships…
Read MoreStrategies 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…
Read MoreRights 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…
Read MoreResolving 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. …
Read MoreCommon 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…
Read MoreBusiness 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…
Read MoreWhat 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…
Read More3 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…
Read MoreElon 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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