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Category Archives: Business Law

BusPlan

Will My Company’s “Business Interruption” Policy Cover Losses Related To COVID-19 Restrictions?

By Suncoast Civil Law |

The COVID-19 pandemic has forced the temporary or permanent closure of many Florida businesses. Indeed, even the best-managed company has faced unprecedented challenges over the past two years. And many firms have looked to their own insurance policies–specifically those protecting against loss of income or “business interruption”–to try and make ends meet. Unfortunately, such… Read More »

BusLaw3

Businesses Coming Under Scrutiny for “No-Poach” Agreements

By Suncoast Civil Law |

“No-poach” agreements—or agreements entered into by companies who agree not to hire each other’s employees—are currently facing a lot of scrutiny. A number of class action and multidistrict lawsuits have been filed against companies, accusing them of enacting practices that violate the Sherman Antitrust Act and striking deals with other companies to prevent employees… Read More »

BusPartners

Common Mistakes Made When Selling Your Business

By Suncoast Civil Law |

There are many considerations to take into account when selling your business, including the timing and valuation of the business. And, in fact, there are many things that can go wrong and frequent mistakes that people make when selling their business. Below, we discuss some of these potential mistakes and pitfalls. You always want… Read More »

BusinessModel

The Pros and Cons of Subscription Services as Business Transaction Models

By Suncoast Civil Law |

These days, the subscription has become more popular than ever as a business transaction model: Amazon, Netflix, Dropbox, Spotify, etc.—all are based on users paying for a regular, supposedly superior service. The subscription-based business model is appealing to many because it arguably “locks in” a specific number of customers for a set amount time,… Read More »

BusPartners

How to Use an Accounting under Florida Law to Hold a Business Partner Liable

By Suncoast Civil Law |

Daily Business Review recently featured an interesting article addressing the issue of international partnerships in business litigation and how to obtain justice by finding a jurisdictional hook that allows the U.S. company to hold the international business partner liable. The answer lies in what’s known as ‘the right to an accounting.’ This refers to… Read More »

BusinessL

Should Your Business Go Cashless? Our Attorneys Discuss Your Options

By Suncoast Civil Law |

Many businesses have decided to go cashless and accept only card and digital payments of late. Just between 2010 and 2014, the share of transactions that did not involve cash grew by 20 percent. In addition, paying by credit or debit card was the preferred way to pay for 75 percent of consumers surveyed…. Read More »

SexH1

Sexual Misconduct Allegations in Businesses

By Suncoast Civil Law |

The issue of sexual assault has dominated news headlines since the Harvey Weinstein scandal broke. Many do not realize to what extent this issue also affects business litigation, as highlighted by the recent gender discrimination litigation filed against Yale University. Specifically, in late January, three men sued Yale alleging that the university’s sexual-misconduct committee… Read More »

LLC

After Forming Your LLC, There’s Still Work to Be Done

By Suncoast Civil Law |

A limited liability company (LLC), with its flexible management structure, provides a lot of security to those seeking to found a new startup. However,  in addition to forming your LLC, there are a number of steps which need to be taken in order to create a solid legal foundation for your business; steps that… Read More »

BusLaw2

Selling Your Business

By Suncoast Civil Law |

Those who run their own business are typically well-versed in the day-to-day business transactions and contracts that are necessary to keep things up and running. However, when it comes to how to go about selling your business, there can often be more uncertainty and anxiety involved; precisely because the business is your baby. It… Read More »

Document

Durable Powers Of Attorney & Estate Planning

By Suncoast Civil Law |

Durable powers of attorney apply to managing both your financial/business and health/estate affairs. They allow you to appoint an agent to handle legal, health, and financial responsibilities. They can cover a number of important issues, such as whether that’s asset management, care preferences, medical professional details, retirement plan elections, insurance benefits; amongst others. They… Read More »