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Tag Archives: Tampa Business Lawyer

A Legal Lesson for Businesses is Hidden in Tom Brady Case

By David Toback |

An appellate court has upheld the suspension of New England Patriots quarterback Tom Brady. You may be wondering why this matters to you, unless you’re also an NFL quarterback. But hidden in this entire case is an important lesson to business owners. The Brady Case You may recall Brady was suspended by the NFL… Read More »

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Having a Cyber Attack Plan Can Avoid Legal Problems

By David Toback |

If your business is like most nowadays, you rely upon, if not completely depend on, your technology. Whether it’s local servers, or information in the Cloud, problems with hardware and software can completely stop a business in its tracks. But even worse than technological problems are technological problems that are a result of malicious… Read More »

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Putting an LLC Interest in a Trust Could Reap Benefits

By David Toback |

When we think of the things that we own that we want to protect from creditors, or which we want to make sure go where we want them to go when we pass, we usually think of tangible items. Cars, houses, the art collection and the cash in the bank account are usually the… Read More »

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Debt Forgiveness Can Have Tax Penalties

By David Toback |

When many people owe debt, they may have little financial option other than to negotiate the debt down to a manageable, payable amount. Sometimes this can include negotiating a waiver, forgiveness, or reduction of the debt. In the short term, the ability to pay off a debt for less than its full amount seems… Read More »

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New Case Limits Changes to Terms of Service

By David Toback |

Many businesses find it helpful to have written and agreed-to terms of service for their clients or customers. These terms may be on paper or posted online, and may include regulations for usage of information, facilities or property. A recent case has limited the flexibility a business has when amending terms of service, and… Read More »

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The Power of the Corporate Resolution

By David Toback |

Sometimes in smaller businesses or partnerships, formalities get overlooked. That may not create huge difficulties—certainly there is an advantage to the efficiency of a smaller company as opposed to the apparent bureaucracy and paperwork of larger companies. But there are often some formalities that even the smallest of companies should try to observe when… Read More »

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Get the Most From Large Settlements

By David Toback |

If you are expecting a personal injury settlement, or any kind of settlement that could wield a significant sum of money all at one time, the last thing on your mind may be taxation of those funds, or how to invest them. But knowing some ins and outs of planning for a lawsuit settlement… Read More »

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Be Careful How You Collect Your Business’ Debts

By David Toback |

Collecting from clients or customers who owe you money can be one of the most unsavory parts of running a business. Aside from the natural discomfort of asking people for money owed, as accounts receivable but unpaid accrue, cash flow slows down, and the ability to properly run your business may diminish, making collections… Read More »

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Don’t Become an Alter Ego to Your Business

By David Toback |

Many individuals know that corporations, limited liability companies, and other business entities are separate legal entities from people—specifically, their owners, directors, or managers. That’s one of the benefits of opening a corporation, limited liability company, or other business entity. Generally, the company’s assets are not yours, and your assets are not the company’s. There… Read More »

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Protecting Your Business’ Customer Lists

By David Toback |

When we think of the valuable items of our businesses, we tend to think of the obvious, physical items. Machinery, tools, vehicles, or inventory may come to mind. Certainly, any special intellectual property, such as a secret recipe, or a special way of handling certain problems that you have developed may also come to… Read More »

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