Posts Tagged ‘federal employment law’
Buy-Sell Provisions: What Happens During the Business Break-Up?
When a business partner decides to leave a company or entity, it may bring about some challenges and complexities. This decision could affect how the organization flows and the finances of the remaining partners. That’s why Buy-Sell Provisions are crucial. These are legal agreements designed to set guidelines and potential outcomes for such situations. In…
Read MoreHow to Prepare for Business Litigation
If you are a Florida business owner, you likely feel nervous about the idea of business litigation. That’s only natural. After all, your company is not just your income; it’s likely your proudest accomplishment after years of hard work. However, you need to remember that preparation for corporate litigation should be an essential part of…
Read MoreWays 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…
Read MoreThe Parkland Condo Association Case: Mediated Settlement Agreements Must be Signed by the Parties and Counsel
The Florida Second District Court of Appeal recently declined to enforce a mediated settlement agreement in the case of Parkland Condo Association v. Henderson, even though the deal was signed by the lawyers for both parties. Let’s review the original dispute and the relevant statute to find out why the court ruled this way: …
Read MoreFTX 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…
Read MoreYour 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 MoreThree Bad Contract Habits Your Business Needs to Break
Over time, we can all build bad habits and not be as diligent as we should be to protect our largest assets. Having well-drafted contracts is an area where both new and established businesses need the guidance of experienced business counsel. Contracts are important documents that can protect your business interests and help…
Read MoreIssues 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…
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…
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