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 […]
EIN for Foreign Person 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. […]
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 […]
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 […]
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 […]
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 […]
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 […]
What is a Business Succession Plan? We’re a nation of planners. We plan our days, weeks, vacations, weddings and paying for our children’s college education many years ahead of time. Unfortunately, many of us fall short in planning for the one sure thing in life. It’s long been said the only guarantees are death and taxes. […]
By Charles P. Castellon, Esq. (c) 2018 all rights reserved. The concept of asset protection is largely misunderstood. There are many bad things that can happen to good people. These events often lead to attempts to take away what we work hard to acquire. An important and effective habit is to consider all the “what […]
