Recently there has been an uptick in China targeted mergers and acquisitions using the formerly and again popular reversemerger concept through special purpose acquisition companies (SPACs). For purposes of this discussion, “China targeted” includes businesses that may be located in China or based in the United States which cater to […]
Category: Article
If you’re a fan of real estate development, now is a great time to be living, working and playing in Tampa. Between the skyline-altering Water Street Tampa project, and two other multi-billion dollar projects underway at Tampa International Airport and Port Tampa Bay, construction cranes dominate the city’s horizon. But, […]
In theory, corporate subsidiaries and affiliates are separate and distinct. When these entities run as free-standing, self-governed organizations manned by their own employees that operate as a going concern such that the entities have a separate existence from their corporate parent, the law respects the corporate form. However, when corporations […]
Behind the scenes of the Florida Business Corporation Act, or FBCA, business lawyers are debating amendments that may change how shareholders bring derivative lawsuits. At present, a rift exists between the law and the courts’ ruling on the law regarding demand futility. The demand requirement is a concept concerning shareholder […]
Q: I heard there was a new law that punished condominium associations who failed to timely provide a copy of the annual financial report. Is this true? What are the penalties? S.U. via e-mail A: You are referring to a recently revised provision within the Condominium Act which became effective […]