Monthly Archives: February 2021
Closely Held Corporations and Shareholder Oppression Claims
The Internal Revenue Service (IRS) defines a closely held corporation as an entity that has more than 50 percent of its outstanding stock owned by five or fewer people. In many cases, a single individual has a majority controlling stake in a closely held corporation. By definition, majority shareholders have significant control over the… Read More »
Retired Baseball Player Alex Rodriguez Facing Civil RICO Complaint from Former Brother-in-Law
According to reporting from The Morning Call, Alex Rodriguez is facing a lawsuit from Constantine Scurtis, his former brother-in-law. In an explosive lawsuit, the retired MLB superstar is being accused of fraud, racketeering, embezzlement, and a wide range of other financial misconduct. For his part, Mr. Rodriguez has consistently denied the allegations. Indeed, he… Read More »
What is Tort Law?
If you’ve ever heard of someone discussing tort law and find yourself having no idea what they’re talking about, you’re not alone. Outside of the legal profession, most people have no reason to know what a tort is, and they’re lucky if they don’t have to find out. However, if you do find yourself… Read More »
FDUTPA: An Overview of Deceptive Acts and Unfair Practices
The Florida Deceptive and Unfair Trade Practices Act (FDUTPA) is the state’s most comprehensive consumer protection law. Through an FDUTPA claim, businesses and other parties can be held legally liable for losses caused by their deceptive and/or unfair conduct. This raises an important question: What constitutes a violation of the FDUTPA? The answer is… Read More »
What Does It Mean to Be a “No Fault” State?
Florida is one of only ten states that has personal injury protection (no fault) auto insurance. So, what exactly does “no-fault” mean, and how does it affect you if you’re involved in a car accident? The “no-fault” law means that, in the event of a car accident, both parties can make claims with their… Read More »
What Are Adhesion Contracts?
If you are a business, you probably see some benefit in the uniformity of contracts. Having to negotiate each and every contract with every provider, contractor, supplier, or customer can be tedious, time consuming and lead to confusion. A uniform contract that applies to everyone ensures that your business knows what to expect and… Read More »
Articles of Incorporation: Understanding the Basics
When you form a business or a company, the Florida Department of Corporations makes filing your articles of incorporation easy for you. But as you hopefully know, simpler doesn’t mean better, and boilerplate standard language is not always the best language to protect your business, or to ensure that your Articles of Incorporation do… Read More »
Don’t Get in Trouble By Violating Fair Housing laws
Let’s say that you own some property and you’re looking to sell or rent that property. Discrimination may be the farthest thing from your mind, and certainly, you harbor no discriminatory thoughts. But it can be easy to find yourself in trouble with fair housing and Florida’s housing discrimination laws. Illegal Practices It is… Read More »
