Category Archives: Business Law
What if Your Company Needs a Temporary Director?
In your business, you may have a board of directors, tasked with making some important decisions in the management and operation of your company. If you’ve planned ahead, you know that an even number of directors on your Board won’t work—you don’t want tie votes holding up important businesses. So, hopefully, you’ve made arrangements… Read More »
Patents and Trade Secrets: What’s the Difference?
Trade secrets and patents. Both seem to include highly secretive information, and information that is valuable to companies. That’s true. But Although there are similarities, there are also very distinct differences between patents and trade secrets. Public Registration A patent is an invention or design or process that is new or innovative. Patents, as… Read More »
Keeping Business Secrets Safe in a Divorce
When it comes to protecting your business and your business secrets, you may already give thought to the importance of confidentiality agreements between co-workers, employees, contractors or investors. But what about your own spouse? Especially when there is a divorce looming? Sharing Information Amongst Spouses It is a regular practice that husbands and wives… Read More »
Starting a New Business: Can You Do it on Your Own?
To the State of Florida’s credit, the state makes it pretty easy to start your new business. Go online, fill out some forms, answer some questions, and magically, you have a new legal entity with the state. But is that the right thing to do? Can it really be that easy? Well, it is… Read More »
What Happens When LLC Owners Don’t Do Their Job?
In many ways, any kind of business is like a team. This is especially true with smaller or moderately sized businesses, including LLCs. In many LLCs, owners or managers of the company aren’t just passive investors, or shareholders who bought shares and who sit back to collect dividends. In many LLCs, the managers or… Read More »
Fort Lauderdale Learns That Construction Defects Can Happen to Anyone
When we think of construction projects that go wrong, or botched construction jobs, we perhaps think of smaller projects. Surely, a multi million government construction project wouldn’t go too far astray, with all the money at stake, and all the oversight that is involved in government construction contracts. Well, think again: things can and… Read More »
Legal Issues When Employees Use Devices to Conduct Company Business
We live in a mobile age, and if you have employees, there is no doubt that they may or could do some company business, on their personal devices, or on devices that are owned by and issued by your business. But anytime there are devices involved in or are doing company business, no matter… Read More »
How and When are Bridge and Construction Loans Used?
Let’s say that you see a great piece of land or a building and you want to buy it. The problem is the property you own now has to be sold first, for you to have the funds to buy the new property, and there is no timetable on when your current property may… Read More »
When and How is Contractual Reformation Used?
As a general rule, courts want to enforce your contractual agreements—not rewrite them for you, or interpret what you meant when you write something inaccurate or incorrect in a contract. But the law also recognizes that mistakes happen, particularly when writing contracts, and sometimes, those mistakes need correcting. What Did the Parties Mean? It… Read More »
Protect Your Business From Working With Unknown Shareholders or Owners
Sometimes we go into business by ourselves. But other times, we start, own, and manage a business, with other people. Whether they are partners in the business, managers in an LLC, shareholders, or other management and ownership partners, there are a multitude of corporate entities that people use to start businesses, that include others…. Read More »
