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Yearly Archives: 2013

Indemnity Provisions in Construction Contracts

September 24, 2013 Construction Industry Legal Blog

Many times the party with the most leverage in contract negotiations forces the “weaker” party to hold it harmless or indemnify it for anything that goes wrong in connection with the contract, even problems caused by the “stronger” party’s own negligence. Indemnity is a risk shifting mechanism and essentially comes in two forms: common law and contractual. This article focuses on contractual indemnity provisions in construction contacts.

Amendments to the 2013 Florida Statutes Affecting Condo and HOA Official Records Keeping and Maintenance

September 17, 2013 Community Association Industry Legal Blog

Several legislative changes to the Florida Statutes, occurring during 2013, have impacted the operation of Florida’s Condominium Associations and HOAs. This blog focuses on those changes applicable to the maintaining of official records. For Condo Associations, the laws governing official records are codified in Section 718.111(12)(c), Florida Statutes; for HOAs, those laws are found in Section 720.303, Florida Statutes.
The Florida Legislature passed House Bill 73 earlier this year, which amended the Florida Statutes and became effective July 1, 2013.

The Rental of Homestead Property can Destroy Florida’s Homestead Exemption

September 16, 2013 Community Association Industry Legal Blog

Florida is known as a “debtor-friendly” state, and one of the greatest protections afforded debtors under the Florida Constitution is the homestead exemption. Article X, Section 4, of the Florida Constitution states that creditors cannot force the sale of the debtor’s primary residence in order to satisfy a judgment or lien. This homeowner protection is also codified in the Florida Statutes in Chapter 222.

Florida’s homestead protection applies to the primary residence up to one-half acre within a municipality and up to 160 contiguous acres outside of a municipality. Fla. Const. Art. X, §4(a)(1). As long as those acreage requirements are met, it does not matter if the primary residence is worth 4 million dollars

Collecting Accounts Receivable Part IX: Obtaining a Receiver Over the Debtor’s Property

September 5, 2013 Banking & Financial Services Industry Legal Blog

This Blog is Part IX in a series of Blogs designed to provide business owners with a high-level overview of the legal process for collecting on past-due accounts receivables. Specifically, Part IX focuses on the ability of creditors to obtain a receiver over the debtor’s business and/or property as a method for satisfying the outstanding judgment balance.

Often times a creditor will find it difficult to collect on its judgment against the debtor, even when the creditor discovers that the debtor owns a business interest or owns other personal property

You Have a Judgment and Want to Collect on It

September 4, 2013 Professional Services Industry Legal Blog

After a party obtains a judgment in a lawsuit, it may then be left trying to collect on it. Assuming the judgment is not paid, parties will likely engage in post-judgment discovery to locate assets and/or discover fraudulent transfers. Florida Statute § 56.29 provides judgment creditors with an expeditious remedy to both discover assets which may be subject to the judgment, as well as subject those assets to a speedy proceeding in the same court where the original judgment was obtained. Regent Bank v. Woodcox, 636 So. 2d 885, 886 (Fla. 4th DCA 1994).

Trial Courts Have Post-Judgment Jurisdiction to Determine the Amount of Past-Due Assessments Owed to a Condo Association and any Attorneys’ Fee Award

August 29, 2013 Community Association Industry Legal Blog

Recently, Florida’s Third District Court of Appeal issued a ruling that laid to rest any doubt as to whether a trial court has the jurisdiction to determine the amount of association dues owed to a condo association in a foreclosure action and the amount of attorneys’ fees to be awarded to the prevailing party in such an action…

Florida’s Second District: Judgment Creditors can Issue Post-Judgment Discovery Concerning the Debtor’s Assets Held Jointly With a Spouse

August 26, 2013 Banking & Financial Services Industry Legal Blog

On August 14, 2013, Florida’s Second District Court of Appeal issued an opinion in the case of Regions Bank v. MDG Frank Helmerich, LLC, et al., that is of great benefit to Florida’s judgment creditors. In its opinion, the Second District held that a judgment creditor is entitled to post-judgment discovery on the judgment debtor’s assets held jointly with a spouse. Regions Bank v. MDG Frank Helmerich, LLC, et al., 2013 WL 4081005, 2 (Fla. 2d DCA 2013). That holding provides creditors with a greater net to cast in the hopes of locating assets that are nonexempt and can be used to satisfy the judgment balance.

Collecting Accounts Receivable Part VIII: Executing and Levying on a Debtor’s Personal Property

August 19, 2013 Banking & Financial Services Industry Legal Blog

This Blog is Part VIII in a series of Blogs designed to provide business owners with a high-level overview of the legal process for collecting on past-due accounts receivables.  Specifically, Part VIII focuses on executing and levying on a debtor’s personal property as a method for creditors to satisfy an […]

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