Michael L. Feinstein, P.A.

August 2020 Archives

Brush up on negotiation techniques for lease restructuring

If the current economic times have hit your business hard, you are not alone. Numerous individuals and businesses have found themselves carefully tracking profits and losses, and you may be among the many feeling the tight grip of financial uncertainty. Though you believe that your business can continue, you know that some changes need to occur.

Are you in a position to restructure your commercial lease?

When you first set up shop in your commercial space, you may have felt comfortable with the lease terms. Those terms likely included the length of the lease, the rent you would pay for the space and more. As time has gone on, however, you may have found that the area in which your commercial space resides has proved less than ideal. On the other hand, the market rent in the area may have gone downhill, and you now believe you are paying too much rent for comparable spaces.

Breach of fiduciary duty can lead to business litigation

Putting trust in another person is not always easy. For Florida business owners, trusting outside parties may be necessary when an owner needs certain business-related tasks handled that he or she cannot handle alone. Often, owners enlist the help of financial professionals, trustees, legal professionals and others to help ensure that the business operations run smoothly. If a party violates that trust by breaching his or her fiduciary duty, business litigation could be necessary.

FTC files lawsuit claiming deceptive business practices

When businesses in Florida or elsewhere face accusations of deceptive practices, they are in a serious predicament. In some cases, the Federal Trade Commission could bring a lawsuit against a company if such practices are suspected. When companies have to defend against these allegations, understanding their legal options is necessary.

Has a mistake occurred with your construction contract?

Making a bid on a new construction project can be an important time for your company. After all, getting projects is how you and your company make money. If you do land the job, you will likely have to agree to certain contract terms, and you will want to set forth some yourself. Unfortunately, the chance exists that mistakes could exist in a contract.

Contract disputes arise over lack of celebrity endorsement

Marketing is important for any business. As a result, if a Florida company has a product to sell, it will likely do what it can to ensure that it is marketing to a target audience. Because celebrities often have numerous followers on social media, it is a common marketing practice to pay celebrities to endorse products. Such an arrangement typically involves legal agreements, and if a party does not follow through, contract disputes could arise.

Google could face class action litigation over unequal pay

When a company in Florida or anywhere else in the country is accused by employees of some type of alleged wrongdoing, the manner in which the issue is handled can depend on the particulars involved. In some cases, company owners or management can hear concerns, discuss the problems and find viable solutions. In other cases, employees may feel that taking legal action is their best course of action, and that could lead to class action litigation if numerous employees feel affected.

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