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How long does binding arbitration take?
- September 13, 2024
- Real Estate
Binding arbitration provides an alternative to lengthy court proceedings. While it offers a more streamlined process, the duration of arbitration varies depending on the complexity of the case and the cooperation of the parties involved. Understanding the time frame helps set realistic expectations for those navigating this legal avenue. Factors that influence duration The length of binding arbitration depends largely on the specific details of the[ ... ]
Business strategies to ensure fairness in arbitration
- August 28, 2024
- Business Law
Arbitration is a dispute resolution method that offers an alternative to traditional litigation. While it can be convenient, ensuring neutrality in arbitration proceedings is important. This is especially so when it comes to using this technique in business contexts. Selecting an impartial arbitrator Selecting an arbitrator is perhaps the most important decision to make wh[ ... ]
Key components of a business partnership contract in Florida
- August 15, 2024
- Business Law
When you and a business partner decide to start a new venture in Florida, drafting a solid business contract is critical. This agreement forms the backbone of your partnership, outlining each party’s rights, responsibilities, and the general structure of the business. There are several things you need to include in your contract to secure your business’s future. Define each partner’s role and responsibilities This includes daily ma[ ... ]
Mitigating the risks of fraud during mergers and acquisitions
- July 22, 2024
- Business Law
Mergers and acquisitions (M&A) present significant opportunities for growth, but they also come with risks, including the potential for internal fraud. Companies in Florida can take several steps to effectively mitigate these risks during the M&A process. Conduct thorough due diligence Thorough due diligence is key to spotting potential fraud risks. Companies should closely check the financial records, operations, and internal controls of th[ ... ]
The impacts of including ADR clauses in business contracts
- June 21, 2024
- Business Law
In the dynamic world of business, disputes are inevitable. In addition, the way a business manages disputes can greatly impact its resources, time and relationships. Incorporating an alternative dispute resolution (ADR) clause in a business contract can offer a more efficient resolution process. Thus, if you are involved in a business dispute, how can an [ ... ]
How to handle disputes with your business partners in Florida
- June 7, 2024
- Business Law
Running a business with partners can be rewarding, but disputes are inevitable. Knowing how to handle these disputes is crucial for maintaining a healthy business relationship. In Florida, there are many options for handling a business dispute without damaging your personal relationships. Open communication Start by keeping communication open. Discuss issues honestly to prevent misunderstandings and find common ground. Have regular meetings, listen[ ... ]
The impact of Florida’s new squatting law on property investors
- May 27, 2024
- Real Estate
On March 27, 2024, Governor Ron DeSantis signed HB 621 into law, marking a significant change in how Florida handles squatting. This new law protects property rights, offers remedies to homeowners and increases penalties for squatters. Real estate investors in Florida will benefit from these changes, as the law aims to curb squatting and provide faster resolutions for property disputes. Immediate removal of squatters Under [ ... ]
Handling a data leak in your Florida business
- May 16, 2024
- Business Law
Data leaks can be a significant threat to any business, potentially exposing sensitive information and harming your reputation with current and future customers. If you run a business in Florida, it’s important to know how to respond promptly and effectively if you experience a data leak. Identify the source of the leak The first step is to identify where the leak originated. Conduct a thorough investigation to determine how the breach[ ... ]
Navigating international estate disputes
- May 9, 2024
- Firm News
When dealing with estate disagreements that span different countries, there are many legal factors to consider. It is important to recognize these complexities as they can greatly impact the litigation procedure. Understanding these intricacies can help families navigate the process more effectively. Jurisdictional issues A prominent challenge in international estate disputes is figuring out which country’s rules control how assets are[ ... ]
What do you do when your business partner wants out?
- April 15, 2024
- Business Law
When you start a business with a friend, family member or business associate, you may expect that partnership to last throughout the company's life. Unfortunately, for many companies, this is not always the case. When business partners split, it can feel as complex as a dissolved marriage. How you handle it, however, can make a difference in your business's future. Try to understand the situation About[ ... ]
