Business Law Archives - Page 19 of 40

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

EPGD Law Special Purpose Acquisition Company

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

Business Law

Can a Foreigner Own an S-Corporation?

A non-resident alien cannot own a S-corporation. Only U.S. citizens and permanent residents can. If a foreigner becomes a shareholder in an S-Corporation, it will lose its S-corporation status.

Oscar Gomez July 21, 2020

Business Law

Investing in or Lending Money to Your New Florida Business: What’s Better?

Investing in your new business is a financial risk that many business owners take in order to grow their company. By taking that risk, individuals are forecasting positive return in the near future. Like anybody in the economic market, business owners want to ensure that their companies reach success in the long run.

Eric Gros-Dubois July 9, 2020

Business Law

8 Consejos para Proteger tu Invento (Pt. 2)

#5 Solicitar una Patente es una Inversión en sí. Obtener una patente es un ejercicio de mostrarle al USPTO que

Silvino Diaz June 22, 2020

Business Law

8 Consejos para Proteger tu Invento (Pt. 1)

La protección de los derechos sobre inventos, procesos, fórmulas y diseños le corresponde principalmente al régimen de Patentes. Las patentes forman parte del régimen de Propiedad Intelectual, donde se encuentran además: los derechos de autor; las marcas; y los secretos comerciales. Estos 4 campos están relacionados, pero no son lo mismo. Cada uno protege distintos aspectos de las creaciones humanas.

Silvino Diaz June 22, 2020

Business Law

How Does Florida Regulate Payday Loans?

How Do I Relocate My LLC to Another State?

What are issues that might arise for a Florida Entrepreneur?

What is a Special Purpose Acquisition Company?

Usury Laws: Maryland vs. Florida

How Does Asset Protection Work in an LLC?

Can a Foreigner Own an S-Corporation?

Investing in or Lending Money to Your New Florida Business: What’s Better?

8 Consejos para Proteger tu Invento (Pt. 2)

8 Consejos para Proteger tu Invento (Pt. 1)

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