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Tag Archives: West Palm Beach Business Litigation Attorney

FalseAdv

McDonald’s Value Meal Might Not Save You Money — But Judge Says It is Not False Advertising

By Michael Pike and Daniel Lustig |

Recently, a United States federal court judge in Illinois ruled in favor of McDonald’s in a deceptive advertising lawsuit. According to the allegations raised in the class-action lawsuit, buying a McDonald’s ‘Extra Value Meal’ was actually somewhat more expensive than purchasing each item included in the meal individually. However, the federal judge ruled that… Read More »

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Florida Appeals Court Rules Against Shareholder in Fraud Case

By Michael Pike and Daniel Lustig |

On March 21st, 2018, Florida’s Fourth District Court of Appeals ruled against a minority shareholder in an appraisal rights case. In Shiva Stein v. BBC Capital Corp, et al, the plaintiff alleged that her shareholder rights were violated under Florida state law following the merger of two financial services companies. In this article, our… Read More »

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BusLaw

Four Things to Think About Before Going Into Business With Family

By Michael Pike and Daniel Lustig |

Many people go into business with their family members. In fact, according to data cited by the Family Firm Institute (FFI), approximately 50 percent of all U.S. companies are family businesses. On the one hand, running a family business is not much different than is running any other type business. The same basic rules… Read More »

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ContractDispute

Florida Court of Appeal Reverses Entry of Summary Judgment in Contract Dispute

By Michael Pike and Daniel Lustig |

In the case of Sean Lucey and the Lucey Corporation v. 1010 Logic Inc, the Florida Second District Court of Appeal found that the circuit court erroneously entered a finding of summary judgment in favor of the plaintiff. Here, we explore the background of this case and discuss what summary judgment is and why… Read More »

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What are Subsidiary Companies?

By Michael Pike and Daniel Lustig |

A subsidiary company is any company that is majority owned and controlled by another firm. Many well known businesses and brands are actually subsidiaries. For example, PepsiCo, the multi-billion dollar snack and beverage giant, itself owns many other famous brands. In fact, in the late 1990s PepsiCo purchased the Florida founded brand Tropicana. Big… Read More »

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What You Need to Know About Buying Out Your Business Partner

By Michael Pike and Daniel Lustig |

Eventually all business relationships come to an end. Businesses can break up for a wide variety of reasons; it may be that your business partner is retiring and leaving the field or it may simply be that you each have different visions for the future of the company. Regardless, when the time comes to… Read More »

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Breach of Fiduciary Duty: Unlawful Self-Dealing

By Michael Pike and Daniel Lustig |

A fiduciary duty is a legal obligation that requires one party to act solely in the best interests of another party. The breach of this duty can occur in a number of ways, from the failure to disclose information to negligence. Self-dealing is another common example of the breach of fiduciary duty. Self-dealing occurs… Read More »

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Did Your Business Partner Breach Their Fiduciary Duty?

By Michael Pike and Daniel Lustig |

Coming together in a joint business venture requires putting a lot of faith in your partner. Unfortunately, not all business partners live up to their end of the bargain. When forming a business, partners establish a legal relationship. You and your business partner have a fiduciary duty to one and other. This fiduciary duty… Read More »

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Mediation For Business Contract Disputes

By Michael Pike and Daniel Lustig |

Unfortunately, with every business contract, there is the risk of a dispute. Sometimes, litigation is required, but often a dispute can be resolved best through other means. For example, in some circumstances mediation may provide fast, cost effective resolution. Mediation is a collaborative, non-binding, method of alternative dispute resolution. If you are involved in… Read More »

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What Qualifies As A Trade Secret?

By Michael Pike and Daniel Lustig |

Trade secrets can include a wide variety of confidential business information. Ranging from scientific formulas and computer codes to marketing plans and pricing strategies, these truly innovative ideas are often among a company’s most valuable assets. The law allows for these ideas to be protected as trade secrets. It gives businesses a real incentive… Read More »

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