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

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

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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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

Once the Office of Foreign Asset Control (OFAC) has labeled an individual or entity as a specially designated national (SDN), that individual’s or entity’s assets are “blocked,” which means that U.S. residents, citizens and businesses are prohibited from engaging in transactions involving those assets in any capacity. While this is intended as a means of limiting SDNs’ activities in the United States, it also has the impact of preventing SDNs’ creditors from pursuing collection and foreclosure under loans that they issued lawfully (unless they obtain an OFAC license).  

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When forming a new business in Florida, there are several considerations involving choosing the most-appropriate type of legal entity for your company. For many small business owners and solo entrepreneurs, this includes the question of whether you should choose a legal entity at all. If it is just you, you and your spouse, or you and a trusted friend, do you really need to incur the time and expense of forming a business entity? Or, can you move forward without putting any formal documentation in place?

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Accidents on construction sites can expose property owners, builders, contractors, architecture and engineering firms, and other companies to substantial liability. While working to avoid accidents is often the best way to minimize risk, there are strategies for mitigating liability once an accident has occurred, and asserting a successful defense typically starts with conducting a thorough investigation of the plaintiff’s claims. Read More

Whether you are starting a small business, preparing to expand or simply seeking to mitigate your company’s risk exposure, it is worth carefully assessing your company’s insurance needs. Purchasing adequate insurance coverage can provide critical protection in the event of a lawsuit or casualty and being able to rely on insurance coverage when you need it can even help you avoid filing for bankruptcy. Read More

When a business has multiple owners, there is a persistent risk for internal disputes. Whether co-owners disagree over financial matters or the company’s trajectory, disputes aren’t necessarily a bad thing—they can often generate strategic and innovative ideas that no one owner would have had on his or her own. But animosity can lead to contentiousness, and contentiousness can lead to disruption. When a dispute is headed in the wrong direction, owners must take appropriate action to protect the company and themselves. Read More

While choosing the right entity structure requires a thorough assessment of various legal, financial and practical considerations, the limited liability company (LLC) is a popular choice for companies of all sizes and in a broad range of industries. Forming an LLC requires two primary documents: (i) Articles of Organization, and (ii) an Operating Agreement. Read More