Large Firm Quality, Small Firm Atmosphere

June 30, 2020

OFAC Compliance for Financial Institutions: What Do Banks, Creditors, and SDNs Need to Know?

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All U.S. entities that do business with specially designated nationals (SDNs) have compliance obligations that are enforced by the Office of Foreign Assets Control (OFAC). However, financial institutions are in a unique position that mandates extensive OFAC compliance policies and procedures. While it is crucially important for banks to be aware of what is required, creditors and SDNs seeking access to blocked assets held by U.S. financial institutions will be well-served to familiarize themselves with financial institutions’ compliance obligations as well. Read More

Categories: OFAC Licensing and Litigation

June 16, 2020

Applying for PPP Loan Forgiveness: What Do South Florida Businesses Need to Know?

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For most companies, one of the most-desirable aspects of obtaining a loan under the Paycheck Protection Program (PPP) has been the ability to have the loan forgiven in its entirety provided that certain conditions are met. However, many companies have struggled to meet the forgiveness criteria, and a significant number of businesses have discovered that they are ineligible due to the fact that they made mistakes when submitting their PPP loan applications. As a result, prior to submitting an application for PPP loan forgiveness, it is important to review your company’s eligibility with an experienced Fort Lauderdale business lawyer. Read More

Categories: Business Law

June 2, 2020

How Can Companies Deal with Construction Delays Caused by the COVID-19 Crisis?

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Among the numerous and wide-ranging impacts of the novel coronavirus (COVID-19) crisis, many construction projects in South Florida have experienced significant delays as a result of workers being forced to stay home and social distancing guidelines limiting the number of workers who can be on a jobsite at any one time. In many cases, this has led to significant financial repercussions for all parties involved, and delayed performance (or nonperformance) has led many parties to evaluate their options for enforcing their contractual rights. Read More

Categories: Construction Law

May 29, 2020

Legal Considerations for Florida Businesses Operating During the COVID-19 Pandemic – Part 2

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In this two-part series, we are discussing some of the key legal considerations for Florida businesses operating during the COVID-19 pandemic. In Part 1, we covered issues related to potential COVID-19 exposure in the workplace and what companies can (and should) be doing to protect their employees, their customers, their data and themselves. Read More

Categories: Business Law

May 15, 2020

10 Legal Considerations for Florida Businesses Operating During the COVID-19 Pandemic – Part 1

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In Fort Lauderdale and other cities across Florida, all types of businesses are working on adjusting to a new normal. Operating during the COVID-19 pandemic presents several legal risks and challenges; and, as a business owner, hiring an experienced business lawyer to help you navigate the landscape is extremely important. Read More

Categories: Business Law

April 10, 2020

Saavedra-Goodwin COVID-19 Update

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The health and safety of our clients, employees and community are top priorities.

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Categories: Firm News

January 31, 2020

Starting a Business in Florida: What Legal Documents Do You Need?

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From forming a legal entity to negotiating contracts with vendors and customers, all aspects of running a business have legal implications. In order to protect your business – and yourself – it is important to make sure that you have all of the appropriate documents in place before you run into any legal issues. Read More

Categories: Business Law

January 17, 2020

Resolving Disputes During Construction Projects Without Litigation

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During the construction process, there are a variety of issues that can lead to disputes among the various parties involved. While litigation will sometimes be necessary, it will often be in all parties’ best interests to resolve the issue expediently with minimal costs and delays. Depending on the circumstances involved, there are a number of ways to informally resolve disputes during construction; and, in almost all cases, taking action promptly at the first sign of a dispute (or potential dispute) will provide the greatest opportunity for an out-of-court resolution. Read More

Categories: Construction Law

December 31, 2019

2019 Year in Review: Our Top 15 Articles from the Year

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It’s time for another year in review, and we’ve got a lot to cover. In 2019, we wrote about a variety of different topics on our blog, ranging from business law and insurance issues to some pretty exciting news about our firm. 

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Categories: Insurance Claims, Business Law

November 29, 2019

OFAC Licenses: Do You Need a General License or a Specific License?

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In order to transfer assets as a specially designated national (SDN) or to engage in transactions involving an SDN’s blocked assets, it is necessary to obtain a license from the Office of Foreign Asset Control (OFAC). OFAC issues two types of licenses – general and specific – and all license applications must contain information that is specific type of license being sought. Due to the complexities involved in the application process, it is advisable for all SDNs, creditors and other license applicants to seek guidance from an OFAC attorney.   Read More

Categories: OFAC Licensing and Litigation