Tag Archives: Tampa Business Law Attorneys
Why Does an LLC Need an Operating Agreement?
Having an LLC operating agreement could be one of the most important documents that you create for your company. Although it isn’t legally required, it is very beneficial to have such an agreement. An operating agreement is like a prenuptial agreement for your business, and it’s never too late to create one. What Does… Read More »
Stay on the Legal Side of Securities Fraud Laws
Martin Shkreli, who best became known as “Pharma Bro,” has been sentenced to 7 years in prison. Although his actions were high profile, what led him to his conviction can be a lesson to business owners everywhere. Shkreli’s Conviction Shkreli became infamous when it was revealed that a drug company he had purchased raised… Read More »
Your Shareholders’ Agreement Can Protect Your Investment In a New Business
In the world of corporate and business documents, we often pay a lot of attention to Articles of Incorporation, bylaws, LLC management agreements, corporate resolutions and other records that govern your business and instruct directors and shareholders how a company will operate. Buying In But what if you are buying into an existing company?… Read More »
Can You Patent Your DNA?
Deep inside of you, there is something that potentially has great value to the outside world, which you may not even be aware had such value: your DNA. Much like your contact information which has value when data lists are purchased by marketing companies, your DNA has similar value to companies that are not… Read More »
Things You Didn’t Know About Shareholders and Corporate Shares
If you have a small business, you may have shareholders. Yet, you may not even give thought to the legalities of shareholders or the ways that shareholders can impact your business. Here are some little known things about shareholders that every business owner should know. You Pick the Classes There are different classes of… Read More »
Read the Fine Print in Your Business’ Debt Obligations
Retail giant Toys R Us recently filed for bankruptcy, and according to reports, it did so for the same reason that many individuals do: The company took on too much debt. If you think that big companies are immune to the pitfalls of loans and debt, think otherwise. And if debt is enough to… Read More »
Settlement Agreements Need to Say What They Mean
If your business is involved in a dispute, and you try to resolve it through a written agreement, it’s important that your settlement document say everything you intend it to say. That’s because settlement agreements are contracts, and a recent case reinforces how important it is to be thorough with these documents. Lawsuit Over… Read More »
Make Sure You’re Not Accidentally Violating Someone’s Copyright or Trademark Protections
Major retailer Costco is in some hot water, and is now liable to Tiffany’s for over $19 million for selling jewelry labeled under the Tiffany’s label, even though the jewelry was not from Tiffany’s. Although this is a dispute between two multimillion dollar companies, the legal lessons are also valuable to those with small… Read More »
Don’t Ignore Your Corporate Bylaws
If you have a business, and that business has investors, shareholders, or a board of directors, you probably have bylaws. If you are like so many business owners who see bylaws as a nuisance or an unnecessary burden, you may have simply used a form to fill out your bylaws that you purchased from… Read More »
Where Can Your Business Be Sued?
If you do business, the risk of lawsuits is always present. If you’re sued in Florida, or around wherever you do business, it’s bad enough. But if you’re sued in another state, the cost and expense of defending yourself, as well as hiring attorneys you may not know or have any relationship with, can… Read More »