Skip to Content
Menu Toggle

Author: Jimerson Birr

Vicinity of Insolvency: What Fiduciary Duties are Owed by Directors or Officers of Insolvent Entities When Going Out of Business?

December 12, 2018 Banking & Financial Services Industry Legal Blog, Florida Business Litigation Blog, Professional Services Industry Legal Blog

Any owner of a business should know that your directors and officers have certain duties to their respective entities, whether it is a corporation or a limited liability company (LLC). Under Florida law, specifically, directors and officers have duties to act 1) in good faith, (2) with reasonable care and […]

Condominium Association Conflict of Interest and Required Disclosure

December 10, 2018 Community Association Industry Legal Blog

In 2017, Florida enacted legislation that specifically required disclosure when a condominium association conflict of interest arises between a director or officer and a vendor.  Specifically, Fla. Stat. 718.3027(1) states that the two situations below create a rebuttable presumption of a conflict of interest. A director or an officer, or […]

Rule Enforcement Authority of Rules and Regulations made by a Community Association Board

December 3, 2018 Community Association Industry Legal Blog

The Florida Homeowners’ Association Act and the Florida Condominium Act provide a community association’s board of directors with authority to promulgate rules and regulations concerning the association property and its members.  The creation and enforcement of an association’s rules and regulations are often areas of uncertainty and doubt for community […]

Financially Responsible Officer (FRO): The Responsibilities of Primary Qualifying Agents

November 30, 2018 Construction Industry Legal Blog

Under Chapter 489, Florida Statutes, primary qualifying agents are, typically, considered the main decision maker(s) of the business organization.  As a general rule for construction licensing, increased responsibility leads to increased liability.  Read on to find out what responsibilities primary qualifying agents have, what is a financially responsible officer or […]

subscribe to legal alerts

subscribe to our blogs

sign up now

Media Contacts

Charles B. Jimerson
Managing Partner

Jimerson Birr welcomes inquiries from the media and do our best to respond to deadlines. If you are interested in speaking to a Jimerson Birr lawyer or want general information about the firm, our practice areas, lawyers, publications, or events, please contact us via email or telephone for assistance at (904) 389-0050.

we’re here to help

Contact Us