While the failure to file the required Annual Report with the Division of Corporations will lead to administrative dissolution of the corporation, failure to keep at least Annual Minutes is a little less cut and dried. Annual Minutes are not required to be filed with the Division of Corporations. There is no penalty for failure [...]
Have you ever had the need for a Florida Power of Attorney? If you have lately then know that effective October 1, 2011, new requirements provided by the Florida Power of Attorney Act must be satisfied. Changes to existing law are not retroactive so if you have a Power of Attorney from before October 1, [...]
A limited liability company (“LLC”) is a form of business entity available under the Florida Limited Liability Company Act. An LLC is controlled either by a Manager or by a Managing Member pursuant to the LLC “operating agreement.” Members hold their investment in an LLC in the form of membership interests. Similar to S-Corporations and [...]
Florida is one of the leading states when it comes to new business formation according to State of Florida, Division of Corporations. There are a lot of variables and advantages to consider in incorporating your business. But Florida Corporations enjoy a lot of advantages compared to other forms of doing business.
The Foreclosure Investigation has lead regulators to give the banks a new deadline. They have until mid-June to develop a plan to reorganize their foreclosure operations and until August to implement them.
There are times when a business or corporation must keep trade secrets and other confidential information secure even while not necessarily ever doing business with whom they are considering. Many of my clients face this chicken and egg question which I assist with in my capacity as their Business Lawyer Clearwater FL. Without a Confidentiality [...]
This Commercial Lease provision addresses insurance required by the landlord or his Real Estate Lawyer when Renting Commercial Properties. The amounts of insurance may vary depending on whether you rent retail, office, industrial, or warehouse space. Insurance provisions in Commercial Lease Agreements typically include that: the insurance policy and company is subject to the landlord's [...]