Monthly Archives: May 2024
Federal Appeals Court Rules in Favor of NBA Star Zion Williamson in Contract Dispute With Florida-Based Agent
On May 7th, 2024, News Observer reported that a federal appellate court has ruled in favor of NBA star Zion Williamson in a five-year long breach of contract case. The court determined that Mr. Williamson is not liable for breaching a contract with a Florida-based agent because that alleged agreement was never valid in… Read More »
The Three Most Common Grounds on Which a Shareholder Derivative Claim Can Be Dismissed
A shareholder derivative lawsuit is a legal claim filed by a shareholder or group of shareholders on behalf of the corporation itself. It is often but not always filed against the company’s officers, directors, or another key insider. When a shareholder derivative lawsuit is filed, corporate leaders typically move for an immediate dismissal. Here,… Read More »
Accepting Late Rent Could Hurt Your Legal Position
Let’s say that you rent property to someone else. Maybe you’re a landlord of residential or commercial property. Hopefully, your tenants pay on time, but sometimes, problems happen, and the payment is late, or doesn’t show up at all. Should You Work it Out? On the one hand, you want to work with tenants—kicking… Read More »
Using a Temporary Director on Your Board of Directors
You likely know that your Board of Directors will have to vote on matters concerning the company. What matters they will vote on and when, depend on your corporate documents, such as your bylaws. But when it comes time to vote, they will have to make the decision. How Many Directors? If you have… Read More »
The Board of Directors’ Role in a Non-Profit Organization
In a traditional for-profit company, a Board of Directors is there for one primary reason: to safeguard the interests of the shareholders. Of course, the shareholders’ interest is in maximizing the value of their shares, and thus, in ensuring that the company operates as profitably as possible. But while the motivation to maximize profit… Read More »
Was Your Company the Victim of a Breach of Contract? Five Things to Do Before Filing a Lawsuit?
Did your company suffer losses as a consequence of a breach of contract? If so, you may be considering filing a lawsuit against the breaching party. While litigation is necessary in some cases, it is important to emphasize that it is not always the best approach. There are some steps to take before heading… Read More »
Consumer Fraud Watch: Miami Metro Area Leader in Identity Fraud
Recently, Consumer Affairs released a comprehensive report on identity theft. Alarmingly, the organization found that identity theft is up nearly 400 percent over the last two decades. The Miami metropolitan area has the dubious distinction of being the leader in identity theft nationwide. Within this article, our Miami FDUTPA lawyer discusses the report and… Read More »
Shareholder Lawsuit Allegations: Hedge Fund Improperly Benefited from Buybacks
As reported by Bloomberg Law News, a large hedge fund that benefited from an Avis stock buyback is being accused of obtaining improper advantages at the expense of other shareholders. The company is now facing shareholder litigation. Specifically, the plaintiffs contend that the hedge fund constructed a buyback scheme to get a controlling share… Read More »
Were You the Victim of a Bait-and-Switch in Florida? Know Your Rights
For consumers, there are few things more frustrating than discovering that the business that you are working with cannot be trusted to treat you fairly. A bait-and-switch is an all-too-common example of an unscrupulous business practice. If you were the victim of a bait-and-switch, you may have a claim for compensation through the Florida… Read More »
Should I Form a Partnership or a Multi-Member LLC?
To reach its full potential, a business needs to be set up properly. Among other things, it means selecting the right entity for your company. You may be wondering: Should I operate my new business as a partnership or a multi-member LLC? The answer depends on some case specific factors, including the type of… Read More »