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February 2019 Archives

Defending against a hostile acquisition

According to the Corporate Finance Institute, a hostile acquisition, which is more commonly known as a hostile takeover, is the acquisition of one company—the target company—by another by going through the company's shareholders. The acquirer is able to acquire the target company by proxy vote or a tender offer. The difference between a hostile takeover and a friendly acquisition is that the target company's board of directors does not approve of the transaction. If the initiation of a hostile takeover is imminent, the target Florida business has a few defense options. 

Lawsuits over allegations of racial discrimination

When allegations of discrimination arise, the claims can have a ripple effect across an entire company. Other employees may decide to step forward and accuse their employer or a manager of wrongdoing, and the charges can be very damaging for businesses of all sizes. Sometimes, these allegations are the result of a problem that is widespread throughout a firm. In other instances, allegations of discrimination are completely baseless, such as a worker who is disgruntled for another reason. Racial discrimination is an especially common issue that can be very difficult from an employee's perspective and a business owner's perspective as well.

What is a misclassified worker and can it affect your business?

As you know, there are many rules and laws regarding owning a business in Florida, especially when it comes to having employees. Depending on the nature of your business, you may have decided to classify some of your workers as independent contractors. It’s important to understand what exactly an independent contractor is, and whether the ones working for you are misclassified.

What is a commercial lease?

As a new Florida business owner, you obviously need a location from which to operate your business. This, in turn, means that you will soon find yourself deep into commercial lease negotiations. If you have never before had to deal with a commercial lease, you should know ahead of time that it presents you with many more negotiation opportunities than the residential leases with which you likely are much more familiar.

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