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The Importance of the Owners’ Agreement in Business Formation

By Moran, Sanchy & Associates |

As highlighted by a recent Forbes article, running a business unfortunately sometimes involves disputes and conflicts. Whether it involves a breach of contract claim, property rights, unfair trade practices, or something else, there really is no excuse for failing to ensure that you have every legal control possible in place at the outset. With… Read More »

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Where Business Formation & Estate Planning Overlap

By Moran, Sanchy & Associates |

Even the most successful of businesses can fail if key documents governing their future management have not been drafted and put in place. These documents include a last will and testament, financial power of attorney, living trust, and others. And yet 80 percent of entrepreneurs surveyed failed to have a financial power of attorney… Read More »

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Tortious Interference in Florida

By Moran, Sanchy & Associates |

In the highly competitive Florida business world, companies are constantly doing everything in their power to gain an edge. While high levels of competition can create growth and drive our economy, this competitive spirit can lead to potentially illegal behavior and lines can be crossed. One of the most common occurrences of illegal business… Read More »

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What if You Suspect a Violation in Your Non-Compete Agreement?

By Moran, Sanchy & Associates |

In today’s extremely competitive business world, more and more employers are requiring their employees to sign a variation of a non-compete agreement. This is an agreement between the business and the employee that restricts where the employee can work for a certain period of time  when the employment is terminated. The employee typically agrees… Read More »

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Beware of Online Wills

By Moran, Sanchy & Associates |

According to AARP, six in ten Americans do not have  a last will and testament. This startling figure means that the vast majority of Americans do not have their affairs in order should they unexpectedly pass away. With statistics like this floating around the internet, more and more Americans are opting to complete a… Read More »

LLC

Understanding An LLC Operating Agreement

By Moran, Sanchy & Associates |

Business owners across the country have come to rely on the great security that a limited liability company (LLC) business structure provides. The hybrid structure of an LLC takes the ideology from both corporations and partnerships to provide business owners with a flexible management structure. LLC operators are able to protect themselves from certain… Read More »

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Preparing To Sell Your Business

By Moran, Sanchy & Associates |

For many business owners, the culmination of a successful business career is the sale of their business to another individual. In fact, over 250,000 businesses are sold or go through a major ownership change on an annual basis in the United States. The time and attention to detail associated with planning and executing can… Read More »

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Things That Slow Down Foreclosure Proceedings

By Moran, Sanchy & Associates |

In the state of Florida alone there are approximately 63,000 residential foreclosure cases filed per year. Going through a foreclosure can be a traumatic and emotionally draining experience. Often times individuals struggle to find ways to slow down or stop the process. Fortunately, when fighting a residential foreclosure in the state of Florida, there… Read More »

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You Are Never Too Young For Estate Planning

By Moran, Sanchy & Associates |

As college students graduate at this time of year and embark on “adulting,” it is important to understand the benefits of being proactive about planning for the future. At this point in life many young-adults will get their first “real job” and start receiving benefits and insurance plans for the future. With these firsts… Read More »

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Congress Votes on Bankruptcy Reform For Banks

By Moran, Sanchy & Associates |

Recently the United States House of Representatives voted to approve new legislation on bankruptcy code for banks across the country. Officially known as the Financial Institution Bankruptcy Act of 2017 (FIBA), the legislation is designed to avoid taxpayer bailouts and financial crisis in the event that a bank fails. Supporters of the legislation believe… Read More »