Creditors, beware of promises from Debtors who own a business and file Bankruptcy

Debtors engaged in business who file for relief under the Bankruptcy Code usually list the value of their business enterprises a $0.00.  Usually, this is because their businesses are typically saddled with debt which exceeds the value of their business’ Read More …

Companies Should Review Their Non-Compete Agreements And Update Them, If Necessary, Before It Is Too Late

CONCLUSIONS: 1. Non-compete agreements may not be enforceable against employees or independent contractors by successor companies unless drafted properly. 2. Non-compete agreements between employees and their original employers which specified that they applied only to the specific companies that had Read More …

Florida Courts may review non-compete agreements for reasonableness in time, area and relation to a legitimate business interest of the employer

CONCLUSIONS 1. A covenant not to compete which prohibits competition per se violates public policy and is void. 2. A condition precedent to the validity of a covenant not to compete entered into by an agent, independent contractor or employee Read More …

Business litigation with no upfront fees and costs? A dream come true.

Businessmen and women know the nightmare of business litigation. Bills, bills and more bills. Every phone call to the attorney is charged. Every copy made is charged. A one page motion may cost thousands of dollars in “research and drafting.” Read More …