Business Law
Has Facebook Gotten Too Good at Capitalism?
The US government and 48 states have sued Facebook for anticompetitive conduct and are seeking to break up the company
Silvino Diaz
January 5, 2021
Business Law
Business Law
Why is the new Antitrust Crackdown on Big Tech Important?
Over the past two decades, we have witnessed the meteoric growth of tech conglomerates such as Facebook, Google (Alphabet), Apple
Silvino Diaz
January 5, 2021
Business Law
Your Questions About PPP Loan Forgiveness Answered
With the SBA’s release of the simplified PPP Loan Forgiveness Application, business owners are trying to navigate all the available options for PPP loan forgiveness. Here are some common questions with answers according the SBA’s regulations as of October 13, 2020. Please note that the SBA’s requirements and application process for PPP Loan Forgiveness are constantly evolving, thus you should always double check that this information is consistent with the current guidelines provided by the SBA.
Eric Gros-Dubois
October 15, 2020
Business Law
The SBA Announces New, Simplified Loan Forgiveness Application
As of October 13, 2020, The Small Business Administration (SBA) recently announced a one-page loan forgiveness application for Paycheck Protection Program (PPP) loans under $50,000. This new application streamlines documentation requirements and does not require any complicated calculations as were required on prior versions of the form.
Eric Gros-Dubois
October 13, 2020
Business Law
How Does Florida Regulate Payday Loans?
In Florida, there are various laws which prescribe limitations on payday loans. First and foremost, any company wishing to issue payday loans must be licensed. Notably, the additional restrictions under Florida law include limitations on the number of loans you can have outstanding per customer, the amount of the loan, the fees and costs that can be charged, and the collections process if a customer does not pay their loan back.
Silvino Diaz
September 10, 2020
Business Law
How Do I Relocate My LLC to Another State?
The formal transfer of an LLC from one state to another is known as domestication. However, domestication is permitted only if both states allow for it. Domestication would be appropriate if you do no longer wish to conduct business in the original state of formation and would like to avoid dissolution and new company formation in the other jurisdiction. Many business owners choose to domesticate when they completely relocate to another state and wish to move their company with them.
Oscar Gomez
September 1, 2020
Business Law
What are issues that might arise for a Florida Entrepreneur?
After a long thought process and extensive research, you have finally decided to put on your entrepreneurial hat and create your own side business. But in the scheme of all this excitement, you forgot to inquire about all the legal implications involved in creating a side business. In Florida, employees must often abide by several federal and state laws and regulations that can include restrictions about conflict of interests such as creating your own side business.
Eric Gros-Dubois
September 1, 2020
Business Law
What is a Special Purpose Acquisition Company?
A special purpose acquisition company “SPAC” is a publicly traded shell company that has been formed strictly for purposes of raising enough capital to purchase an existing company. Also referred to as a “blank-check company,” these development stage companies have no operations and purely rely on funding through an initial public offering “IPO”.
Oscar Gomez
September 1, 2020
Business Law
Usury Laws: Maryland vs. Florida
Creditors often times procure loan agreements with outrageous amounts of interest so that they can ultimately take advantage of those individuals who are in need of funds. More often than not, the individual becomes indebted to the creditor for far more than the amount they agreed upon initially. These high interest rates are known as usury and are both a civil and criminal offense.
Eric Gros-Dubois
August 5, 2020
Business Law
How Does Asset Protection Work in an LLC?
A limited liability company offers limited liability asset protection. This type of asset protection means that the liability is limited to whatever assets the owner has invested in the LLC, essentially, only all business assets. These business assets can include, but are not limited to, initial, investment, or retained earnings.
Eric Gros-Dubois
July 29, 2020
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