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Widerman Malek Law Blog

Resolving Shareholder Disputes

Unfortunately, shareholder disputes are a common part of business, but they don’t have to be debilitating to your enterprise. If you have a shareholder agreement in place, you’re already in a more positive position to resolve issues, but whether you do or not, you still may face the decision on whether to institute formal proceedings […]

Join Us for the Webinar “Pathways to Keeping Your Business Alive”

Please join us on July 30, 2020, for the webinar “Surviving the Pandemic Pain: Pathways to Keeping Your Business Alive,” co-presented by Widerman Malek and Withum. There is no cost to attend this event. Event Details Surviving the Pandemic Pain: Pathways to Keeping Your Business Alive July 30, 2020 | 1:00 PM EDT Join us […]

What Is a Holding Company and How Does It Work?

In essence, a holding company is formed to control something. Often that means it holds the control of assets that may be utilized by a subsidiary company of the holding company. The subsidiary operates the assets as part of its business and is referred to as the operating entity. The assets, which could include land, […]

What Businesses Need to Consider About COVID-19 Interruption Claims

As Florida continues to re-open, the effects on small business over the last few months are still being felt. While the mantras “eat local” and “spend local” are being advertised by many, and indeed will help, most businesses large and small need assistance now. Businesses, secondary to any funding provided by the U.S. government, are […]

Contracts, Force Majeure and COVID-19 Impacts: What You Need to Know

Every industry has been or will be affected by the consequences of the COVID-19 pandemic. Accordingly, as the world continues to grapple with the ongoing health and financial crisis, businesses are trying to determine and guard against the impacts. For example, there are ongoing contractual obligations to many parties and in a multitude of areas, […]

“Save Small Business” Initiative and Grant Fund from U.S. Chamber of Commerce Foundation

In response to the COVID-19 crisis, the U.S. Chamber of Commerce Foundation, a private sector 501(c)(3) organization and an affiliate of the U.S. Chamber of Commerce, has launched the “Save Small Business Initiative.” This initiative is a nationwide program focusing on small businesses’ immediate needs, efforts to mitigate closures and job losses, and mobilizing support […]

Finalizing Business Agreements – What Willie Taggart and Florida State Can Teach Us

As a Florida State University alumnus, a recent news topic caught my attention. According to reports, the FSU Seminoles former head football coach, Willie Taggart, was possibly fired without the execution of a formal contract. Allegedly, the only document memorializing the university’s hiring of Taggart was a nine-page letter of agreement. Of course, if that […]

What New Real Estate Investors Should Know About Wholesaling

Real estate investing should be part of every wealth-building strategy. In Florida, we’ve enjoyed a hot real estate market for several years after recovering from the historic crash and global recession of a decade ago. A popular investing strategy, especially for new investors, is called wholesale investing or “wholesaling.” I have represented investors who have […]

SBA Proposes Consolidation of Federal Contracting Assistance Mentor-Protégé Programs

The U.S. Small Business Administration (SBA) has proposed a rule of merging two of its current federal contracting assistance programs, the 8(a) Business Development Mentor-Protégé Program and the All Small Mentor-Protégé Program, in order to eliminate confusion and remove unnecessary duplication of functions within the SBA. The 8(a) Program is for small businesses owned by […]

Foreign-owned companies must have U.S. employer identification number

Can someone who is not an American citizen, or a resident of the U.S., form a corporation or LLC in Florida or any other state? The answer is yes. There is no requirement that the owners of an entity registered in the U.S. are American citizens or residents of this country.  However, all U.S. registered […]

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