When Florida residents decide to start a business, they have many choices to make about their new company's legal status. One of the statuses people can choose is called an S corporation. Before people set up this kind of corporation, it is important to understand what it is and how it may be beneficial for business owners.
The basics of S corporations
Understanding fair use law
We at the Law Offices of Levi Williams, P.A., have discussed copyright law numerous times in this blog. However, you and other Florida business owners may wonder how fair use applies to copyrighted work. It is important to understand this complex and often confusing aspect of business law, since you might become involved in a business dispute even for unwittingly violating someone else’s copyright.
What is a hostile acquisition?
If you have an ownership interest in a Florida corporation, you want to protect that interest and receive the maximum financial benefits to which you are entitled. But what if another company wants to buy your company? Is that in your best interests despite whatever reservations your corporation’s board of directors may have?
What is an adverse employment action?
When you work in Florida or anywhere else in the United States, federal law prohibits your employer from firing you or retaliating against you in any way whatsoever if and when you report workplace discrimination to your supervisor and/or to the Equal Employment Opportunity Commission. As the EEOC explains, any act on your employer’s part that would inhibit you or your co-workers from reporting discrimination constitutes a prohibited adverse employment action.