What is Indemnification and How Can You Protect Yourself?
Indemnification According to Wikipedia, Indemnity is a contractual obligation of one party to compensate for the loss incurred to the other party due to the acts of the Indemnitor or any other party. The duty to indemnify is usually, but not always, coextensive with the contractual obligation to “hold harmless” or “save harmless.” And defined…
LLC’s from state to state
If you are considering the formation of an LLC, you may think just because you live in Florida, you need to establish your business entity here. Well, you’d be wrong. You are completely within your rights to explore other states where a limited liability corporation might be a better fit. Wyoming, Nevada and Delaware all…
Time-Sharing Schedules and Guidelines in Florida
What is Time-Sharing? A time-sharing schedule is a part of your parenting plan that explains when and how often your children spend time with each parent. The schedule can be agreed on by parents or is decided by a judge or magistrate if the parents cannot come to an agreement.
Non Compete Clauses
DO YOUR EMPLOYEES SIGN NON-COMPETE AGREEMENTS? IF THE ANSWER IS YES, ATTORNEY PAUL BURKHART SAYS THERE ARE SOME THINGS YOU SHOULD KNOW: FIRST- NON-COMPETES DO NOT OFFER BLANKET, UNQUALIFIED PROTECTION AGAINST AN EMPLOYEE WHO BOLTS FOR A COMPETITOR. AND, ENFORCEMENT OF NON-COMPETES CHANGES FROM STATE TO STATE. SO IT’S IMPORTANT TO KNOW WHERE FLORIDA COURTS…
What LLC Operating Agreements Are and What They Do
LLC Operating Agreements Operating agreements are business contracts that describe the operations of a limited liability company and set terms and conditions agreed on between LLC owners. These agreements describe what happens during day-to-day operations, under special circumstances, explain member duties and responsibilities, and protect owners from various situations.
How to Create a Licensing Agreement That Benefits Both Parties
Licensing Agreements Does your company have a fantastic idea for a product, but no ability to manufacture it? Your company could license your idea to a business with the ability to make the product. Licensing is a great way for a company to get its product on the market.