News & Events
2020 REVISIONS TO THE FLORIDA CORPORATION ACT: MORE WEAPONS FOR CORPORATE TRIAL LAWYERS
Corporate trial lawyers who practice their craft in the courtroom—particularly those not inclined to pore over legislative updates—may have overlooked some of the recent important changes to the Florida Business Corporation Act (“Act”) effective January 2, 2020, § 607.0101, et seq., F.S., which could have a big impact on their cases. The changes were principally made to harmonize the rules relating to corporations and limited liability companies and were largely derived from the Model Corporation Act.
Coronavirus: Part V – The Empire Strikes Back: Insurance Industry Attempts Preemptive Lawsuit Strikes to Obtain Tactical Litigation Advantage
Facing a deluge of claims and lawsuits by business owners devastated by COVID-19 to hold the insurance industry accountable for business interruption insurance coverage, the industry has adopted a preemptive strike lawsuit strategy in hopes of gaining a tactical litigation advantage. The objective appears simple: snuff out claims, intimidate insureds, and break the spirits of any would-be claimants. Classic military strategy endorses this “strike before struck” approach.
Coronavirus: Part IV – Business Interruption Claims for Faith-Based Organizations: Who Refills the Empty Collection Plates?
While politicians and business pundits debate about ways to salvage the economy with stimulus packages and the phased reopening of society, the pandemic has had a silent but devastating toll on faith-based organizations which have suffered a staggering decline in financial support. Even the most ardent believers, living with the fear of losing their jobs, find it hard to support their favorite faith-based organization to the same degree.
Coronavirus: Part II Update – Business Interruption Coverage Shocker: China Takes Lead While US Carriers Retreat
COVID-19 is clearly having, and will continue to have, a lasting impact on the securities industry. The pandemic has now negatively impacted almost all industries, some more than others. Airlines, hospitality, restaurant, oil, and general retail businesses have suffered inordinate losses. But just because the market at large has suffered, does not mean that you should have suffered comparably. In fact, depending upon your age, net worth, and risk tolerance, you may have needlessly suffered altogether.
Coronavirus: Part III – Is Your Securities Portfolio Safe from COVID-19?
COVID-19 is clearly having, and will continue to have, a lasting impact on the securities industry. The pandemic has now negatively impacted almost all industries, some more than others. Airlines, hospitality, restaurant, oil, and general retail businesses have suffered inordinate losses. But just because the market at large has suffered, does not mean that you should have suffered comparably. In fact, depending upon your age, net worth, and risk tolerance, you may have needlessly suffered altogether.
Coronavirus: Part II – Business Interruption Insurance, Am I Covered?
WILL BUSINESS INTERRUPTION INSURANCE COVER MY BUSINESS FOR LOSSES SUSTAINED FROM THE CORONAVIRUS PANDEMIC? This analysis begins, of course, with the assumption that you have an insurance policy which provides some type of “business interruption” coverage, either through the main policy, or an endorsement thereto, for business losses sustained from a covered event. If a policy exists which includes this coverage, interpreting the language in question will be critical. Sometimes the language is clear, sometimes not. Ambiguities in the policy are customarily construed against the insurance company.
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