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Business Law

How Heitner Legal Assisted Alex Katz

Professional baseball player and Team Israel participant, Alex Katz, came to Heitner Legal with a business law issue. He had created a very successful sports cleat/turfs/shoe customization company and was having a dispute with his business partner.

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Business Law

Does A Corporate Entity Sufficiently Shield You From Personal Liability In Florida

A common question we get over here is whether it is important to create a corporate entity and whether a corporate entity truly protects you from personal liability if something goes wrong. The simple answers are that a corporate entity is important to have if you’re running a business, all business activities should run through […]

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Business Law

What To Do If You Receive A Bad Check In The State Of Florida

Have you ever received a check that you couldn’t cash or deposit? These checks are often returned with the designation “NSF,” which is simply an accronym for “non-sufficient funds.” It’s not only a real frustration to deal with, but can severely hurt your business. In common-speak, we call these “bad checks.” Interestingly, in the State […]

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Business Law

Piercing The Corporate Veil Is No Piece Of Cake

How easy is it to pierce the corporate veil and seek damages from an individual who is an officer/director/member of his company? It needs to be examined on a case-by-case basis under the specific laws of the jurisdiction in which the issue arises. But it is never an easy task. The key is often determining […]

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Business Law Trademarks

What Can An Advisory Opinion Do For You?

Last month, it was reported that prominent children’s store, Toys R Us, would be going after the trademark application filed by up-and-coming hair salon and boutique, Hair Are Us. On March 17, 2014, the popular hair extension business based out of Atlanta, Georgia –with additional locations in Miami, Florida and Los Angeles, California – filed […]

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Business Law Contracts

Pari Passu Clauses And Their Importance In Complex Transactions

While American law is less than 250 years old, some of the expressions used in the U.S. legal system come from a time much older. Latin phrases, such as per stirpes, malum in se, malum prohibitum, and de facto are all still used in American law today. Another such phrase, pari passu, is used as […]

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Business Law

The Pros And Cons To Starting A Nonprofit

With the NFL Draft just passing and the NBA Draft looming, one thing to pay attention to is how many athletes start their own nonprofit organizations after they sign their first professional contracts. A nonprofit organization is a charitable organization that does not exist to create a profit. There are a number of reasons why […]

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Business Law

How Loan Out Corporations Can Help Athletes

As attorneys who represent athletes, we need to make sure that we are exploring every available avenue that is in our clients’ best interests. One of these avenues that has presented itself is the creation and maintenance of loan out corporations. A loan out corporation is a company that is set up as a separate legal entity […]

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Business Law Headline

Florida LLCs Lack Certain Protections For The Time Being

Limited Liability Companies (LLCs) are a favorite type of of business entity for many businessmen.  Advantages of LLCs include the following: Limited liability – no “member” is liable for anything other than the amount of his investment in the LLC, regardless of how involved that member is in the daily operations of the business. Taxed as […]