One important part of doing business today is minimizing the level of risk that the company and employees are exposed to. One significant risk that companies overlook is having investors or other interested parties sue the directors or officers of the company, should its value go down. This is most commonly seen with very large companies when their stock price drops significantly, which is why about 95% of Fortune Read More

Surety bonds and fiduciary bonds are similar in what they do, which leads many people to get them confused or think that they are the same thing. The fact is, however, that they are not used for the same purpose and understanding the differences between the two can help ensure you seek the right ones for the right situations. Both bonds provide important protections to the individuals involved, but in very different Read More

The Interstate Land Sales Full Disclosure Act, or ILSA, was first enacted back in 1968, but due to a variety of revisions and amendments over the years, many condo owners and developers can be impacted by it today. The law was originally setup to protect out of state investors from purchasing a plot of land thinking it was very valuable, only to come out to inspect it after the purchase and find that it was of much Read More

It is unfortunate when a customer is unhappy with how an insurance claim is handled, but there are times when they simply don’t meet the requirements to receive a payout, or the payout may be less than the customer expected. When this happens, some people will attempt to file a ‘Bad Faith’ lawsuit to try to get the money they feel they deserve, or as a ‘payback’ for not getting what they wanted from a claim. Bad Read More

Just about every companies can benefit from having a staff attorney, but most of them can’t really afford the expense of paying the salary. When this is the case, securing general counsel is the next best option. A general counsel is an attorney who is not an employee, but who is familiar with the company and used for most (or even all) of their legal needs. This can be done on retainer, or just on an as-needed Read More

Our nation’s current economic climate can make borrowing money difficult for many people, and unfortunately construction companies aren’t insulated from this challenge. When it comes time to secure funds for your next building project, consider that with a little careful negotiation, you might be able to save yourself and your company a substantial amount of money. Here are a few avenues to consider when talking with Read More

Buying a home is one of the most exciting events in your life. By the time you get to the closing phase of the deal, it is quite common for people to already be thinking about moving in and starting their life in their new home. The closing process, however, can be quite complicated, and it is important to ensure mistakes are not made. Avoiding the following five common mistakes in the closing process can help ensure Read More

As a construction company, legal disputes with clients (or others) are among the biggest problems that can be faced. In addition to being potentially costly, they can also result in extensive down-time and even reputational issues that could cause issues for your company for years. Learning how to avoid legal disputes is an important skill that all construction company owners or managers need to learn. The following Read More

If you're a property owner in Florida, you should pay close attention to your TRIM (“Truth in Millage”) Notice. The notice is typically sent out in August and aims to forecast the value of your real estate property as of January 1 in the following year. The valuation will affect the property taxes you pay in November, as outlined on the notice. Because the real estate market has a tendency to fluctuate, you should Read More