On August 18, 2015, the City of Fort Lauderdale’s Commission adopted an ordinance regulating vacation rentals. Prior to developing and adopting the ordinance the City lost its effort to prohibit single-family homes from...
News & Resources
Pitfalls of Single Members LLCs in Florida – Judgment Creditors Can Foreclose on Your Interest
April 11, 2016
Disclaimer: This article does not constitute an advertisement or legal advice and does not create an attorney/client relationship. The comments herein should not be relied upon by anyone who reads them. Limited liability...
Selling your Business through a Charitable Remainder Trust – a Win-Win for Taxpayers and Charities – Part 2
March 29, 2016
As discussed last month, Husband and Wife created a Charitable Remainder Trust (“CRT”), contributed their corporate stock valued at $5,000,000 to the CRT and the Trustee later sold the stock. No capital gains...
Florida’s Fourth District Test for Determining Whether Shareholders May Bring Direct Actions Against a Corporation
March 22, 2016
In the recent decision of Strazzulla v. Riverside Banking Co., Florida’s Fourth District Court of Appeal (“DCA”) has adopted a two-prong test for determining when shareholders may bring direct actions in their...
A commercial tenant files bankruptcy and stops paying rent. What should a landlord do? One option is to immediately file a motion for payment of administrative rent. Unless a tenant is a large, newsworthy national chain, a...