Category Archives: Business Law
Is litigation the best option? In Tampa Bay Business Journal’s most recent issue, 20-year construction and commercial litigation attorney Carl Mitchell dives into the top 5 reasons why you don’t want to litigate and the unexpected challenges it might bring. Click here to read the full article.
1. What is a fractional general counsel program? Fractional general counsel (FGC) programs provide the legal help your company needs, when it needs it, all for a fixed monthly fee. The monthly-fee structure enables clients to integrate legal fees more easily into their budget, proactively seek legal counsel when they need it, and allows… Read More »
This article discusses the tax consequences of liquidating an S Corporation that owns certain assets and describes three plans of liquidation. Pursuant to §1361(a)(1) of the Internal Revenue Code (“IRC”), an S Corporation is a small business corporation created through an IRS tax election and is governed by Subchapter S of the IRC, unless… Read More »
The Company (and its financial records) will likely be involved in your business partner’s divorce proceedings. It does not matter how much of the Company your business partner owns, whether a minority or majority interest, the value of his or her interest in the Company will be part of your partner’s financial disclosure in… Read More »
There are two fundamental mistakes people and businesses make in hiring a commercial attorney: 1. They assume that any attorney can handle a business matter. Just because a lawyer did a good job defending your nephew’s DUI does not mean he or she will do a good job on a commercial matter. 2. The… Read More »