Business Disputes and Contract Breaches in Florida: Legal Solutions for Your Company
When business relationships break down, the consequences can disrupt operations, strain partnerships, and jeopardize profits. In Florida, contract breaches and other business disputes require swift, strategic action to protect your company’s interests. Understanding how these issues arise—and how they can be resolved—can help you limit financial damage and maintain business continuity.
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The Impact of Florida’s Business Divorce Laws on Partnerships
Partnerships and closely held businesses can be highly rewarding, but disputes between partners can threaten not only the stability of the business but also personal relationships. In Florida, legal principles governing “business divorces”, disputes between business partners that lead to dissolution or buyouts, are well-established, and understanding them is critical for protecting...
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The Basics of Non-Compete Violations in Florida Businesses
For many businesses in Naples and across Florida, non-compete agreements are an important tool to protect customer relationships, proprietary information, and investments in employee training. When these agreements are violated, the financial impact can be significant, ranging from lost clients to weakened competitive standing. At Boatman Ricci, we help Florida businesses...
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What Happens When a Business Breaks a Verbal Contract in Florida?
In the fast-paced world of business, many agreements start with a handshake or a phone call rather than a formal written contract. While this may feel efficient at the time, when disputes arise, the question becomes: is a verbal contract enforceable? At Boatman Ricci, we help Florida businesses and individuals understand...
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How to Protect Your Florida Business from a Breach of Fiduciary Duty
In the world of business, trust is everything. Business partners, executives, and directors often hold legal responsibilities known as fiduciary duties—duties that require them to act in the best interests of the company and its stakeholders. When someone in a trusted position breaches those duties, it can lead to severe financial losses,...
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Confidential Information, Know-How, and Trade Secrets
In today’s competitive business environment, information is often one of a company’s most valuable assets. However, not all information is treated the same under Florida law. For employers—especially those in tech, manufacturing, finance, and service industries—understanding the differences between confidential information, know-how, and trade secrets is essential for protecting your business.
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FTC’s Non-Compete Ban Struck Down by Federal Court
On August 20, 2024, the United States District Court for the Northern District of Texas struck down the Federal Trade Commission's rule banning non-compete agreements.[1] This decision applies nationwide, and as of now, employers are free to create and enforce non-competes without restriction by this rule.
The FTC rule made...
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Understanding Asset Purchases
In the dynamic world of business transactions, asset purchases play a crucial role in the growth and development of companies. Whether you are a business owner looking to expand or an entrepreneur seeking to acquire valuable assets, it is essential to understand...
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Understanding Collection of Attorney’s Fees Under Florida Law
Navigating through the complexities of the legal system in Florida can be daunting, especially when it comes to understanding the intricacies of recovering attorney's fees in a legal action. As a client engaged in active litigation or considering whether to initiate litigation against a party, you may be wondering whether you can...
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The New Corporate Transparency Act: What Is It and How Does It Impact My Business?
The recently enacted Corporate Transparency Act (CTA) is set to reshape the landscape of business practices. This legislative milestone signals a significant shift toward greater transparency. According to the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of Treasury, the CTA...
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