Company shareholders should focus on the health and success of the business and treat one another fairly. Unfortunately, that is not always the case. Minority shareholders often get taken advantage of or mistreated due to their lack of influence and control over the business. Minority shareholder oppression can negatively affect the shareholders and the company’s integrity. If you are...
Fiduciary duty refers to the legal obligation of one party to act in the best interest of another. This duty is essential in various relationships between partners, corporate directors, trustees, and agents, ensuring trust and integrity. Understanding examples of breaches of fiduciary duty is crucial, especially in Florida, where specific laws and cases illustrate the severe consequences of such...
Trademarks, like other intellectual property, are very valuable. Today, much of a business’ value is in intellectual property, as opposed to goods or other physical assets. Many business owners consider trademarks the most valuable form of intellectual property, because they represent your brand. One day, you might face difficulty with someone illegally using your mark. It’s a good idea...
Two or more people entering a business relationship is generally called a partnership. Most people enter these relationships with the best intentions but often don’t plan for when things go wrong. Partnership disputes arise when disagreements occur between business partners regarding various aspects of their partnership, such as finances, management, or ownership. Timely resolution is crucial to prevent further...
When you lose a loved one, the last thing you want to do is get into a fight about what should happen to their property. Yet, family members or others in your loved one’s life may be unexpectedly willing to turn your loved one’s death into a fight. Before you respond to or escalate probating your loved one’s estate,...
Losing a loved one is hard. Worrying about the deceased’s estate only adds stress to the situation. Probate is the legal process through which a deceased person’s estate is administered and distributed under court supervision. It involves submitting and validating the deceased person’s will in the proper Florida court, identifying and inventorying assets, paying debts and taxes, and distributing...
The growth of artificial intelligence (AI) has revolutionized the way the world does business. This growth is expected to jump exponentially as more people utilize generative AI technology, ushering in a new era of challenges and opportunities. AI’s impact on intellectual property law presents novel questions as writers, artists, inventors, and others begin to use the technology in their...
To have a successful business in Florida means staying on top of state compliance requirements. One such obligation for companies is the appointment of a registered agent, which is required by state law. But what is a registered agent in Florida, who can be one, and what do they do? What Is a Registered Agent? A registered agent serves...
Data breaches and cyberattacks have emerged as a critical threat to Florida businesses in the digital age. Understanding the causes behind these breaches and their possible consequences is essential for companies in assessing and mitigating risks in cybersecurity practices. However, breaches can happen even with thorough cybersecurity policies and procedures. Under Florida law, companies must prevent or address harm...
Establishing a base for your Florida business while maintaining flexibility and cost-effectiveness is a challenge, regardless of the industry the business is in. But thanks to new technologies, the concept of a traditional office space has evolved into something more dynamic and adaptable. In Florida’s competitive business landscape, virtual offices can offer many advantages for budding business ventures. Learn...