Widerman Malek Law Blog

How to Avoid Shareholder Disputes

In a perfect world, businesses would run seamlessly, shareholders would always agree on decisions, and there would never be legal actions based on claims between and among those who hold shares in the same enterprise. Alas, we do not live in a perfect world, and shareholder disputes are unfortunately a reality in many companies, large […]

Most Common Causes of Shareholder Disputes

No relationship is perfect — and that includes business relationships. Disagreements are inevitable even in situations that seem the most amicable, such as family-held companies. Disputes may involve absolutely anything concerning the business, from everyday operating procedures to how the company is being managed. Some of the most common shareholder disputes including the following: Direction […]

What Is a Shareholder Agreement and Do I Need One?

Having a solid foundation is crucial to any business, and in the context of enterprises that have shareholders, one of the key components of that foundation is a shareholder agreement. In short, yes, you need one. A shareholder agreement is a voluntary and consensual contract among and between those individuals who hold shares in the […]

Ed Kinberg Presents Webinar on Small Business Joint Venture Agreements

On November 7, 2018, Widerman Malek attorney Ed Kinberg presented a webinar for the Florida 8(a) Alliance on new SBA rules for small businesses and the legal requirements for contracting with the United States Government as a qualified small business through a joint venture or Mentor Protégé agreement with a large business.   Mr. Kinberg is […]

Widerman Malek Obtains Victory at Trial

On November 2nd, 2018, Widerman Malek obtained an order granting its client’s motion for involuntary dismissal with prejudice.  This remedy is granted less than 0.1% of the time state-wide at the county level. This was a matter in which our client would have lost his business, and likely ended in financial ruin to himself and […]

Small & Diverse Business Education Fund Scholarship – Due October 26, 2018

The Small & Diverse Business Education Fund Scholarship sponsored by Bank of America is offering up to 50 scholarships of $10,000 each to eligible small and diverse businesses.  These scholarship recipients will be given the opportunity to further enhance the business operations functions within their companies, positioning them to better compete for increased business. To […]

Business Email Compromise (or CEO/CFO Impersonation Fraud)

According to the FBI, Business Email Compromise (BEC for short, or CEO/CFO impersonation fraud) have caused at least USD 3.1 billion in total losses to over 22,000 enterprises around the world. The FBI defines BEC as a sophisticated email scam that targets businesses working with foreign partners that regularly perform overseas wire transfer payments. The […]

A New Chinese Law That Has Been Drafted Classifies Bitcoin as Property

By now, just about everyone has heard of Bitcoin, the virtual money that everyone continues to use, though it does not appear to be recognized by many places as actual currency or anything else of value, as of yet. However, things are changing for China when it comes to the use of Bitcoin. Soon, very […]

Mediation will try to Solve a Five Year Old Lawsuit Against Office Depot in California

Office Depot is once again the subject of a lawsuit claiming the company overcharged some government agencies as another lawsuit has been filed against them in California. It is a case that is not only looking like it will cost Office Depot some money, but has severely tarnished their hard earned reputation that made them […]

Paying the Debt of Another

Paying the Debt of Another

A question arose not too long ago about whether paying the debt of another would require continued payments. In other words if company A pays company B’s existing creditor for one month, or even several months, does company B now have an obligation to continue paying company A’s creditor? If company B does have an obligation, then the creditor can likely come after company B for company A’s debt should both companies fail to make a payment.

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