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Author Archives: Michael Pike

Anchors Aweigh JF

Anchors Aweigh: Legal Issues Surfacing in South Florida’s Yacht Industry

By Michael Pike |

Jesse Fulton, Attorney Broker disputes are now extending from the real estate industry into South Florida’s $12 billion yacht industry. The recent lawsuits contend that the mandatory 10% sales commission in South Florida’s yacht sector are anticompetitive and violate antitrust laws. According to the two recently filed complaints, yacht sellers are forced to pay… Read More »

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It’s That Time of the Year: Reviewing Your Rental Agreements to Ensure a Smooth Spring Break

By Michael Pike |

By: Jesse Fulton, Attorney As spring break approaches, many rental owners are busy preparing for the annual influx of snowbirds and spring breakers for the season. Aside from readying the actual property to be occupied, it is critical for landlords to meticulously review their rental agreements to ensure they are compliant and appropriately mitigate… Read More »

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Due Diligence

Due Diligence for Your Business Investment

By Michael Pike |

Andrew J. Boloy, Attorney Whether purchasing or investing in a business, thorough due diligence is one of the most significant aspects of protecting yourself during the process. While many business owners have the wisdom and knowledge to come up with a general value of the business through a proper accounting audit, are you sure… Read More »

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Shareholder Conflict: Delaware Judge Voids Elon Musk’s Tesla Compensation Plan

By Michael Pike |

On January 31st, 2024, the Associated Press (AP) reported that a Delaware judge voided the Tesla compensation plan for Tesla CEO Elon Musk on the grounds that it is “excessive” and there constitutes a breach of fiduciary duty by the company’s Board of Directors. For his part, Elon Musk has stated his intent to… Read More »

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Partners

How to Choose the Right Commercial Litigation Attorney for Your Business

By Michael Pike |

Choosing the right commercial litigation attorney for your business is crucial to ensure effective representation to protect your interests in legal disputes. When considering which commercial litigation attorney you should choose, keep the following tips in mind: Experience and Expertise: Look for an attorney with significant experience and expertise in commercial litigation. They should… Read More »

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Mitigating Risk in Commercial Contracts

By Michael Pike |

When drafting commercial contract clauses, it’s important to be aware of common mistakes that can undermine the effectiveness or enforceability of the contract. Therefore, mitigating risk in commercial contracts is essential for protecting the interests of all parties involved. Here are some key factors to keep in mind when drafting and negotiating commercial contracts:… Read More »

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New Florida Laws 2023

A Rundown of New Florida Laws Going Into Effect January 1, 2023

By Michael Pike |

Several new laws are set to take effect on New Year’s Day, focusing on issues like newborn health care, toll relief and, of course, the shaky property insurance system. Here’s a look at them: Electronic filing of taxes (SB 2514) The law lowers the threshold for Florida taxpayers to file electronically from $20,000 to… Read More »

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Florida

Florida Department of Highway Safety and Motor Vehicles Highlights Major Accomplishments of 2022

By Michael Pike |

The Florida Department of Highway Safety and Motor Vehicles (FLHSMV) strives to create safer roadways for Florida drivers every year. This year, the FLHSMV has released a list of accomplishments that should make every Florida driver a little more proud. FLHSMV’s key accomplishments from the last year include: Secured Historic Pay Increases for State… Read More »

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Labor Day Pike & Lustig

Florida Highway Patrol Offers Tips for Safe Labor Day Travel

By Michael Pike |

AAA predicts this to be the busiest Labor Day travel weekend in three years, reaching pre-pandemic levels. Trends are similar to the busy Memorial Day and Fourth of July weekends this year. To help keep travelers safe on the roads, the Florida Department of Highway Safety and Motor Vehicles (FLHSMV) and its division of… Read More »

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DL & MP

Case Result: Did Award-Winning Photographer Bring Copyright Case Over Unregistered Photos? Defense Lawyers Say Yes

By Michael Pike |

A lawsuit by Florida resident Charles Ngo over the alleged use of a copyrighted photograph by award-winning Texas photographer Tom Hussey has developed into a claim of fraud on the court, as the defense asserts the photo was never registered as claimed. South Florida lawyers Daniel Lustig, Michael J. Pike and Dominique Torsiello claim award-winning Texas photographer Tom… Read More »

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Case Result: Should Have Skipped Leg Day: Gym Records Crush Defendant’s Protection Against $2.2M Judgment

By Michael Pike |

A California dentist’s gym records foiled his alleged plans to avoid paying a $2.2 million judgment against him by claiming Florida homestead protection. A California resident’s reported love for exercise helped dash his chance of escaping a nearly $2.2 million judgment against him, plaintiffs lawyer Michael Pike said. The result was a landmark ruling against… Read More »

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Pike & Lustig Case Result: South Florida Marketing Agency Wins $2.5 Million Verdict in Copyright Case

By Michael Pike |

West Palm Beach lawyers won a $2.55 million verdict earlier this month in a copyright infringement case. A South Florida marketing agency that designed a website to promote singles clubs along the East Coast won a $2.55 million copyright infringement judgment earlier this month after one of its clients had the design copied and… Read More »

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Class Action Shareholder Lawsuit Filed Against Florida-Based PureCycle Technologies

By Michael Pike |

According to a report from Yahoo Finance, a class action shareholder lawsuit has been filed in the United States District Court for the Middle District of Florida against PureCycle Technologies. Based in Orlando, FL, PureCycle Technologies is a recycling processing company. Representatives for the plaintiffs allege that the company made material misrepresentations to shareholders…. Read More »

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Florida Voters Decide Future of the State’s Minimum Wage

By Michael Pike |

On November 3, 2020, Florida voters passed Amendment 2, increasing Florida’s minimum wage to $15.00 per hour over a period of years. Florida’s minimum wage was already set to increase from $8.56 per hour to $8.65 per hour effective January 1, 2021. However, with Amendment 2, the next annual increase will be to $10.00… Read More »

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COVID

How Your Florida Business Can Face a Negligence Per Se Claim During the Stay-at-Home Order

By Michael Pike |

State and local governments in Florida ordered to shut down all non-essential businesses in response to the spread of the coronavirus disease. Gov. Ron DeSantis’s order, issued on April 1, 2020, clarifies that only essential businesses can remain open. Essential businesses include pharmacies, grocery stores, gas stations, banks, laundry services, post offices, hardware stores,… Read More »

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Election

Are Ballot Selfies Really Illegal?

By Michael Pike |

You may have heard that taking a picture of yourself with your ballot when you vote and posting it on social media is against the law. Well, here in Florida, it may surprise you to learn that yes, it is. There is no federal law regarding ballot selfies in the US, so creating laws… Read More »

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Business Law: What is a Letter of Intent (LOI)?

By Michael Pike |

Commercial transactions between businesses can be complicated. While contracts are extremely useful, it does take a lot of effort to negotiate and draft a reliable agreement. No one wants to waste their time negotiating with a company when a deal simply cannot be made. To address this potential problems, companies will often agree to… Read More »

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Litigation

The Developer has Agreed to Make Repairs—What Steps Should I Take to Protect My Rights?

By Michael Pike |

Construction is complicated. As a project nears completion, it is not uncommon for property owners to request repairs from the developer or the lead contractor. Of course, this does not necessarily mean that there will be a legal dispute in every case; far from it. Often, developers and/or contractors will agree to make the… Read More »

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Don’t Forget the “Giving” Part of Thanksgiving

By Michael Pike |

It’s officially the season of giving and a time to be thankful for all the blessings life has to offer. With everyone looking forward to the holidays, it’s also important to remember that some festive celebrations are grander than others and now is the time to help the less fortunate in any way you… Read More »

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The Internet Meme ‘Florida Man’ is Now the Subject of a Trademark Filing

By Michael Pike |

Popularized in recent years, the term ‘Florida man’ is an internet meme used to refer to news stories — arising out of the state of Florida — in which people do ill-advised or downright bizarre things. As explained by the Miami New Times, the term likely became associated with Florida because of the state’s… Read More »

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