To establish a joint venture in Florida, the written contract must contain the following five elements: (1) a community of interest in the performance of a common purpose, (2) joint control or right of control, (3) a joint proprietary interest in the subject matter, (4) a right to share in the profits and (5) a…
Continue reading ›South Florida (Boca Raton, Florida) Corporate and Shareholder Business Dispute Litigation and Arbitration Attorney: Florida Minority Shareholder Election Statute: 607.1436 Election to purchase instead of dissolution. Fla Stat. § 607.1436 gives the court charged with valuing shares in a corporation discretion to determine the most appropriate valuation method by which to arrive at “fair value.”…
Continue reading ›South Florida, including Boca Raton, Delray Beach and West Palm Beach Business and Corporate Attorney: Risk is defined by Webster’s Dictionary as “the chance of injury, risk or loss.” In the investment arena risk can be defined in a number of ways: with respect to fluctuating market values of securities and portfolios, risk means the…
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