Harry A. Payton, founder of the Miami business litigation firm Payton & Associates LLC, will be included in the 2024 edition of The Best Lawyers in America®. Mr. Payton has been included in The Best Lawyers in America® publication since 2018. He is being...
The procuring cause doctrine, as it applies to real estate transactions, is an equitable doctrine that holds a broker is entitled to a commission when the broker has introduced the buyer and seller and inaugurates continuous negotiations of which the broker is a part,...
Starting a new business is a very exciting idea, and people may let their enthusiasm get the better of them. They may rush ahead with their idea in the hopes of being the first to monetize a specific concept. However, there are certain things that an entrepreneur...
Starting a business is a complex process that can take many months and requires countless hours of personal time invested in addition to the financial contributions typically necessary to start a functional enterprise. Entrepreneurs eager to get their concept out to...
A business partnership is a long-term relationship in which two or more people cooperate for mutual financial and professional benefit. Partners combine their resources and experience to form functional businesses that either partner might struggle to run on his own....
Business partners (ideally) share their efforts and their resources to help build a functional and profitable company. In a two-partner firm, both business partners directly benefit from successful company operations and both of them might suffer if there were issues...
Meeting someone who has similar aspirations can be a very valuable encounter for a would-be entrepreneur. A potential business partner can offer the expertise, support and/or funding that they require to turn their concept into a viable business model. Unfortunately,...
The dark-store theory is increasingly becoming more about practice than theory since emerging during the Great Recession in the late-2000s. The concept is relatively simple – the value of warehouse space, big-box retail building or other commercial property should be...
As with residential real estate contracts, commercial real estate contracts often need contingencies to avoid unnecessary risk. Adding a few carefully crafted contingency plans are safety measures that can be helpful or provide peace of mind to buyers and sellers and...
The pandemic changed the way that many do business, and sometimes it made it hard, if not impossible, to meet the conditions of contracts drafted before the world changed. Despite the challenges, which now also include supply chain issues, a business may face a...