Tag Archives: West Palm Beach Business Lawyers
Understanding Contract Law: What is an Integration Clause?
Contracts are at the foundation of modern business. Many companies rely on their commercial agreements. A well-drafted contract can be the difference between a successful, continued business relationship and a nasty dispute. Companies get into disputes over commercial agreements for a wide range of different reasons. In many cases, there is confusion over what… Read More »
Lawsuit: Florida Massage Franchise Location ‘Hid’ Sexual Abuse
Recently, the Sun Sentinel filed a report on a very disturbing case arising out of South Florida. According to allegations raised in a recent lawsuit filed in a court in Palm Beach County, several female customers of Massage Envy, the largest chain of franchise massage spas in the entire country, were victims of sexual… Read More »
Florida Commercial Law: What is a Business Tort?
A business tort (also known as an economic tort) is a wrongful act that arises out of a business transaction or business relationship. If a company sustained significant financial losses as a result of the wrongful conduct of another party, that company may have a valid civil claim for damages. At Pike & Lustig,… Read More »
Five Tips for First-Time Business Owners in South Florida
Starting a new business is exciting. You may be able to build something that can support your family and provide for your community for decades to come. Of course, building a new business can also be extremely challenging. To succeed in the business world, dedicated entrepreneurs must be ready to tackle these challenges. At… Read More »
Understanding the Basics of Contract Interpretation in Florida
In many cases, contract disputes arise over the meaning or implications of the terms in the agreement. Interpreting a contract is not always as simple as reading and applying the terms of the page. There are many complex issues that must be addressed. To the best of their ability, Florida courts attempt to determine… Read More »
Florida Business Law: What You Need to Know About Statutory Conversions
In order to thrive, a business needs the proper legal foundation. Legal form is an important thing for entrepreneurs to consider when creating a new company. Some businesses work best as a partnership, others as a limited liability company (LLC). You need the appropriate structure for your business. Of course, by nature, business is… Read More »
Four Tips for a Successful Business Partnership
If you are going into business with another person, you need to be sure that you have put the right structure in place for your business partnership. Unfortunately, in far too many cases, partnerships fail due to poor planning. At Pike & Lustig, LLP, we have extensive experience handling business law issues related to… Read More »
What You Need to Know About Buy-Sell Agreements
Do you own all or part of a small or midsized business? If so, you should have a carefully drafted buy-sell agreement in place to protect your best interests. Indeed, without this type of agreement in place, your personal and business interests could be placed at substantial risk. You need a buy-sell agreement to… Read More »
Four Reasons Your Non-Compete Agreement Could Be Invalid In Florida
Many companies in Florida use non-compete agreements to help protect important confidential information relating to their business. When used properly, a non-compete contract is a very valuable legal too. However, all business owners and managers must understand that Florida courts will look at non-compete contracts with a skeptical eye. In fact, the terms of… Read More »
Florida Breach of Contract: Liquidated Damages
When your business makes a contract with another party, you are placing a great deal of faith in that party. If they do not live up to their end of the bargain, your business could sustain serious financial damage as a result. Florida law seeks to remedy this issue by allowing non-breaching parties to… Read More »
Never Signed a Partnership Agreement? You Might Still Be in A Legal Partnership
Across Florida, many people choose to set up their business as a partnership. A partnership is a ‘pass through’ entity that offers major advantages in many situations. While most business owners are broadly familiar with the idea of a partnership, many are not aware of the fact that a legally valid partnership can be… Read More »
Understanding the Computer Fraud and Abuse Act
Florida businesses are increasingly reliant on computers and the internet. There is no doubt that this technology can make businesses much more efficient and more dynamic. However, there are also potential downsides. Businesses face the threat of having their electronic information hacked or misused. This type of fraud has the potential to cause major… Read More »
Business Fraud Committed By Employees
Business owners place significant faith in the hands of their employees. Unfortunately, sometimes this trust is misplaced and insider employees commit major fraud against the business. Florida companies of all sizes have been seriously damaged by employee business fraud. If you believe that your company has been victimized by an employee, please contact an… Read More »
President Obama Signs the ‘Defend Trade Secrets’ Act
The Defend Trade Secrets Act (DTSA) of 2016 was recently signed into law by President Barack Obama. The legislation gives companies important new trade secret related legal protections. Under the DTSA, companies may now bring a federal cause of action for trade secret misappropriation. Prior to the signing of this legislation, trade secrets were… Read More »
Breach of Contract: What Happens Next?
Contracts are a critical part of productive business relationships. When you form a business contract, you have the reasonable expectation that the other party will live up to their end up the bargain. Unfortunately, sometimes another party will breach their contract obligations. If your business has had a contract breached, you need to take… Read More »
Important Elements of a Shareholders’ Agreement
A shareholders’ agreement is a business contract that details the rights and obligations of the stakeholders of a corporation. The agreement is the foundation of a successful business arrangement. It also protects your business interests. If your shareholders’ agreement is inadequate, it could lead to future disputes or to you losing out on your… Read More »
Florida Passes Enhancements to the RICO Act
Recently, Governor Rick Scott signed House Bill 549 into law, which aims to enhance Florida’s Racketeer Influenced and Corrupt Organization (RICO) law. The new regulations are set to take effect on July 1st, 2016. All Florida business owners should stay updated on Florida’s RICO statutes. While many associate RICO claims with criminal activity, ‘legitimate’… Read More »
Understanding Business Fraud
South Florida business owners have more frequently had to protect themselves against the perils of fraud. In all types of industries, business fraud can destroy viable and reputable businesses and jeopardize the public’s trust. Understanding what constitutes business fraud and how to protect businesses and individuals is key to avoid being a victim. Business… Read More »
Attracting Customers Through Prizes
Raffles, sweepstakes, contests, and giveaways are some of the best ways for a small business to attract and perhaps create repeat customers. However, depending on the nature of the business, a small business may find itself restricted on the kind of game of chance it might use to drum up business. Generally, people are… Read More »
Avoiding False Advertising
Running a business can be difficult and the issues can become complex. In the fog of all the decisions you have to make on a daily basis, small mistakes, such as approving an advertisement, can come with big consequences. In this article, we will discuss what deceptive claims are and how your business can… Read More »
