When you hire a worker, especially someone in a creative, sensitive or executive position, you may require that they execute non-compete and non-disclosure agreements in order to protect your business's trade secrets and help it remain competitive. Unfortunately, some...
The Daytona Law Blog
Are you ready to put a fair market value on a business for sale?
Building a business from the ground up takes a lot of focus, energy and investment. You may work for years to establish the company and make it competitive. All of that can eventually pay off if you are able to sell the business for a profit once you have the company...
How to manage downsizing in a business merger
One of the best ways to grow an existing business is to merge with another company in the same industry or with facilities that could benefit your business. Unfortunately, some of that growth may be more than what is currently sustainable for your company. You may...
How to avoid intellectual property disputes
What do Sir Isaac Newton, an Indonesian monkey and Mike Tyson's tattooist have in common? They all claimed someone had stolen their intellectual property. Whatever business you are in, you need to be proactive to avoid disputes over ownership of intellectual property....
Prevent and mitigate litigation to protect your company
If you're running a business that works with the public, the chances are that you'll face a lawsuit sooner or later. It's important that you have an idea of how to handle those lawsuits. Even if the lawsuit is inappropriate, some people will pursue them and cost you...
Why do trade secret leaks happen?
Your company has been working hard on several projects. These new projects are unlike others on the market, so you've kept them very quiet. The last thing you want is for your trade secrets to leak out.Unfortunately, the internet and the digital age has made it much...
The downsides to partnerships need to be considered carefully
You've been thinking about setting up a partnership, but you know that there can be some downsides to working with others. Partnerships are one of the simplest forms of business arrangements other than sole proprietorships, so it may make sense that so many of them...
Can you sue over a broken contract?
You have been waiting for weeks for the latest delivery of the items you needed for your store. You saw customer after customer come in and out, looking for what you should have had in stock. It makes you angry that you can't keep your shelves full when you have a...
Florida Robinhood trader files negligence lawsuit
A trader in Florida filed a lawsuit against Robinhood, a stock trading startup. The trader filed the lawsuit against the company alleging that it was negligent for failing to have backup systems to handle the trading volume and to prevent outages.In the lawsuit, the...
Business litigation and dealing with breach of contract
When Floridians agree on a contract, the goal is to ensure that the tenets of the agreement are carried out. A contract is useless without remedies. If there is a breach of contract, it's important to understand what steps can be taken to address the problem.Remedies...
