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The Professional Service Corporation: A Deeper Dive Into Florida Statute Chapter 621

November 26, 2019 Florida Business Litigation Blog, Professional Services Industry Legal Blog

The P.A., or P.L.L.C.  is a corporate structure specifically designed for various licensed professionals who wish to hang their shingle and start their own practice.  Fla. Stat. Ch. 621, also known as the Professional Service Corporation and Limited Liability Company Act proscribes certain benefits to those corporations and its members […]

Social Purpose Corporations and Benefit Corporations in Florida

August 6, 2019 Education Industry Legal Blog, Florida Business Litigation Blog, Professional Services Industry Legal Blog

Corporations that want to make a profit and, at the same time, act in a socially conscious manner can incorporate as Social Purpose Corporations (“SP Corp.”) or Benefit Corporations (“B Corp.”) under Florida law.  This type of structure can help steer and maintain the corporation’s goals, help with branding, and […]

Checklist of What to Include in Your Florida Articles of Incorporation

July 15, 2019 Florida Business Litigation Blog, Professional Services Industry Legal Blog

Florida Law requires that any new company wishing to incorporate in the state of Florida file articles of incorporation with the Florida Department of State.  The articles of incorporation is the document that establishes the formation of the company.  If you are forming a new company seeking to incorporate in […]

The Public Procurement and Bidding Process in Florida

July 1, 2019 Construction Industry Legal Blog, Real Estate Development, Sales and Leasing Industry Legal Blog

For many companies, the award of a single public contract can help cement long-lasting relationships that may result in years of continuing business.  Therefore, it is important for companies of all sizes to know and understand the requirements and bidding process in Florida when bidding on a public procurement contract.  […]

“As is” and no Warranty Provisions in Contracts: Are They Always Enforceable?

April 3, 2019 Florida Business Litigation Blog, Insurance Industry Legal Blog, Professional Services Industry Legal Blog

Whether purchasing a business, a piece of real property, or even a car, there is likely a lengthy contract that goes along with that purchase.  Many of those contracts contain “as-is” or “no warranty” provisions.  These types of provisions may also include language that the seller of the property is […]

Limiting Liability in Agreements: Exculpatory Provisions and Ambiguities

December 14, 2018 Florida Business Litigation Blog, Professional Services Industry Legal Blog

In many business transactions, parties attempt to limit their liabilities and shift risk.  Typically, it is the party with the most leverage in that business transaction that seeks to include exculpatory provisions to minimize its risk. As a general rule, and depending on the language of the risk shifting provision, […]

Understanding the Process for Employee Sexual Harassment Claims

November 5, 2018 Florida Business Litigation Blog, Insurance Industry Legal Blog, Professional Services Industry Legal Blog

Frequently our clients ask us general questions regarding the day-to-day operations of their business.  In order to prepare a client to form corporate policies reacting to sexual harassment claims, we first educate them on the process of how an aggrieved employee goes about pursuing a claim.  What follows is an […]

Business Judgment Rule – Shielding the Corporate Director From Personal Liability and Considerations of Efficient and Financially Reasonable Resolutions

October 29, 2018 Florida Business Litigation Blog, Professional Services Industry Legal Blog

The business judgment rule shields corporate directors from personal liability.  However, directors must not breach the fiduciary duties owed to the corporation.  Under Florida law, corporate directors owe fiduciary duties to the corporation and its shareholders, which requires good faith, due care, and loyalty.  The directors’ fiduciary duties are codified […]

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