Changes Regarding Liability, Statement of Authority, and More in Florida’s New LLC Act from a Fort Lauderdale Business Acquisition & Sales Attorney

If you have an LLC in the state of Florida or will be registering one this year or in the future, you have probably heard about the numerous changes in Florida’s New LLC Act. Consult an experienced Fort Lauderdale business acquisition & sales attorney at Schecter Law today to learn more about how these changes […]

Fort Lauderdale Business Acquisition & Sales Attorney: New Fairness Standards in the New Florida LLC Act

Fairness standards that are used to determine whether or not a contract is fair and reasonable to an LLC are clarified in the new Florida LLC act. The Existing Act did not provide any standards to determine if a transaction was considered fair and reasonable. The new changes offer more guidance in this area. Under […]

The Importance of the Limited Liability Company Operating Agreement

An operating agreement is an agreement adopted by the members of a limited liability company that lays out the intricacies of how the company will be run, and furthermore structures most of the important functional and financial decisions that will be required. Although Florida law does not require that a limited liability company have an […]