Injunctive relief, often simply called an “injunction,” is a legal remedy a party seeks in a civil lawsuit. It is a court order that requires a person or business to either do a specific action or to refrain from doing a specific action. Injunctive relief is typically sought when monetary damages are insufficient to right a legal wrong or...
Starting a new business is a stressful, time-consuming process. Even seasoned entrepreneurs understand that no company will be guaranteed success. However, Forbes reports that working with a business partner can increase your chances of success. A partner might bring experience, professional contacts, or much-needed funding. Nevertheless, you need to ask your partner the right questions to make sure they...
Dissolving an international business from a different country requires careful consideration of your business’s legal, financial, and operational position and the business regulations of the country where you are operating. The process can also vary depending on your business entity’s bylaws or operating agreement, the laws of your home country, and the foreign jurisdiction where your business operates. Dissolving...
Many entrepreneurs in the United States dream of growing an international business. Taking your talents overseas lets you tap into new markets, increase revenue, and build a strong reputation. But expanding a business outside the U.S. is no easy feat. Making just one mistake can ruin your growth plans. Worse, a misstep could end your domestic business activities altogether....
Closing a Florida business can be complex and challenging, especially when trying to do it from out of state. You must notify shareholders and employees about the closure and tell the Florida Secretary of State about your business’s dissolution. You will also need to handle a variety of administrative, tax, and legal tasks. This can feel very complex for...
Commercial leases can be a risky venture. Sometimes business does not go according to plan, and a commercial lease becomes a significant burden. If you are in this situation, you are likely wondering whether you can break a commercial lease in Florida. The answer depends on the particular circumstances surrounding the lease. Commercial leases in Florida are primarily governed...
Business cycles can severely affect the viability of a business. Sometimes the business environment shifts, and a previously successful company falls on hard times. When hard times come, some companies end up getting dissolved. Fortunately, even the difficult times are often temporary. A business strategy that was once not viable might suddenly become an outstanding opportunity. These situations can...
When entering a commercial lease for a property in Florida, it is essential to understand the contractual relationship you are entering into fully. Part 1 of the Florida Landlord and Tenant Act governs commercial leases. Florida strictly enforces these leases and does not give tenants as easy a way out as some other states. Landlords, too, have a great...
Many entrepreneurs are surprised to learn you can protect a generic brand name through trademark registration. However, these situations are limited and generally require the help of a skilled trademark attorney to register the mark successfully. Nonetheless, if you operate a business—especially an internet-based company—with a generic brand name like Apples-and-bananas dot com, you may be able to obtain...
“¡Yo quiero Taco Tuesday!” At least, that’s what Taco Bell wanted when it asked U.S. trademark regulators to determine whether Wyoming-based taco chain Taco John’s claim of exclusive ownership over the term “Taco Tuesday” was valid. The fast-food giant claimed the term was in common use despite Taco John’s having been granted exclusive use of “Taco Tuesday” nearly 40...