Nowadays, companies have many more opportunities than ever before to do business outside their home nation. But this often means your company has to sign international contracts, which adds complexity and risk, unlike anything you’ve experienced. In comparison to domestic contracts, the laws of several jurisdictions govern international business agreements. Different legal standards and cultures create unique challenges. Understanding these complexities and the risks is essential before signing international contracts. The good news is that it is worth your time. Global business can be the key ..read more

As an entrepreneur or company owner, you will often need to negotiate contracts to do business with other parties. Such documents will be filled with express terms that describe the duties and obligations of your company and the parties that you will engage with. There will also be implied contract terms. These are terms that are assumed to be included in the contract but that are not expressly stated in it. Implied contract obligations are a necessary part of negotiating contracts. It is not possible for anyone to foresee every possible event in an ongoing business relationship, which makes i ..read more

The Florida Deceptive and Unfair Trade Practices Act (FDUTPA) is a consumer-protection statute designed to “protect the consuming public and legitimate business enterprises from those who engage in unfair methods of competition, or unconscionable, deceptive, or unfair acts or practices in the conduct of any trade or commerce.’” In short, the FDUTPA allows individuals harmed by such actions to seek remedies, including damages, through legal action. In 2001, amendments expanded the scope of who could bring actions under FDUTPA, allowing both consumers and competitors to seek damages for actual h ..read more

When thinking about international arbitration, New York often springs to mind as the primary city of consideration. Historically, New York has served as the U.S. hub for international arbitration due to its robust legal infrastructure, well-established arbitration institutions, and its status as a global financial hub. However, New York is not the sole contender in the landscape of international arbitration within the United States. Other cities, including Atlanta, Houston, and Washington, D.C., also command attention due to their own unique attributes and strengths when it comes to dispute re ..read more

The post New Florida Laws in Effect July 1, 2023 and Their Impact on Florida Businesses appeared first on The Campbell Law Group, P.A ..read more

On May 8, 2023, Governor Ron DeSantis signed into law Senate Bill 264, better known as “Conveyances to Foreign Entities.” The law has three separate statutory provisions prohibiting certain conveyances of land or property, which are set forth in Sections 692.202 through 692.204, Florida Statutes. The law also sets forth the following definitions n Section 692.201: “Foreign principals” are defined as (a) the government or any official thereof of a foreign country of concern; (b) a political party or member of the same of a political party in a foreign country of concern; (c) a partnership or ot ..read more

When you hear the word conspiracy, you may think of clandestine plots or secret schemes. However, there exists a legal concept known as civil conspiracy, which holds particular relevance for businesses in Florida. Civil conspiracy involves two or more individuals or entities colluding to commit a business tort or illegal act, such as misrepresentation, tortious interference, deceptive trade practices, misappropriation, fraud, theft, or defamation. Suppose, for example, a group of disgruntled employees conspire to damage their employer’s business reputation by spreading false rumors about the c ..read more

Imagine the countless hours and relentless dedication you, as a Florida business owner, have poured into growing your business, investing not only significant time but also substantial financial resources and unwavering effort. Your commitment has borne fruit, transforming your business into the thriving success it stands as today. Now, picture the distressing scenario of someone deliberately spreading untruths or falsehoods about your business. These falsehoods are not mere words; they possess the power to directly impact your day-to-day operations, creating a ripple effect that extends beyon ..read more

As a business owner in Florida, protecting your business assets is absolutely crucial. While theft typically leads to charges, there are situations where the loss of property access may not be considered civil theft but rather falls under the category of conversion. It is common for people to mistakenly use the terms ” theft” and “conversion” interchangeably. However, it’s important to clarify these distinctions and provide guidance on how to protect your business from risks associated with civil theft and conversion. What is conversion? Under Florida law, as outlined in Ice v. Cosmopolitan Re ..read more

The Sunshine State is undeniably one of the most sought-after places to live in the United States, thanks to its year-round warm and sunny weather, stunning beaches with crystal clear waters, rich and diverse culture, strong and booming economy, and an abundance of outdoor activities. Florida’s business-friendly tax environment makes it the perfect destination for entrepreneurs and business owners looking to establish their companies. Notably, Florida stands out from many other states as it does not impose a state income tax on individuals. This means that businesses in Florida enjoy a more fa ..read more