by Howard C. Stross | Dec 6, 2021 | Business Law, LLC, Small Business, Tax
Case Study: Arthur formed a corporation called Pick-Ups, Inc. Arthur was the corporation’s sole director, officer, and shareholder. The federal government sued Arthur, his wife, and the corporation to collect federal taxes. The court found the corporation was... 
by Howard C. Stross | Sep 9, 2021 | Commercial Real Estate, Real Estate, Real Estate Closings
The “AS IS” Real Estate Contract is not the legal equivalent of a magical charm or incantation. A recent Florida appellate court decision reminds everyone in the real estate industry that a lawful “AS IS” real estate contract does not relieve a seller and the... 
by Howard C. Stross | Jun 9, 2021 | Business Law, Small Business
There are many misconceptions and assumptions regarding the use and effectiveness of noncompete agreements in Florida. This is not too surprising considering that judicial enforcement of these agreements is very fact-intensive and situation-specific. Common Pitfalls... 
by Howard C. Stross | May 25, 2021 | Business Law, LLC, Small Business
The owners of a limited liability company (LLC) are called members. At some point, an LLC member may find they want, or need, to withdraw from the LLC. That member, and the other members of the LLC, may wonder how to accomplish this. To properly withdraw from an LLC,... 
by Howard C. Stross | Dec 29, 2020 | Business Law, LLC
Are you considering starting a business with a friend or family member? If operating as a limited liability company (LLC), a well-drafted LLC operating agreement will be crucial to memorialize your economic agreement, organizational structure, and key terms, and...
