Articles Posted in Business Law

MIAMI BUSINESS LITIGATION: DISSOLUTION OF CORPORATION
Mavrick Law Firm

Florida law provides a mechanism to forcibly dissolve corporations if that corporation is paralyzed by internal disputes between shareholders or board members. The mechanism can provide some frustrated shareholders an option to rid themselves of the asset and move on. Peter Mavrick is a Miami business litigation attorney, and represents clients in Fort Lauderdale, Boca…

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MIAMI BUSINESS LITIGATION: FTC CANNOT ENFORCE RULE AGAINST NON-COMPETE AGREEMENTS
Mavrick Law Firm

Non-compete agreements have been a standard business practice for many years. Businesses use non-compete agreements to protect their interests like proprietary business information, trade secrets, customer, goodwill, staff, and others. However, on April 23, 2024, the Federal Trade Commission (FTC) upended this long-standing business practice by issuing a rule banning most non-compete agreements. See 16…

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FORT LAUDERDALE BUSINESS LITIGATION: TRADE SECRET INJUNCTION AND DAMAGES BASED ON “HEAD START PERIOD”
Mavrick Law Firm

You should protect your trade secrets at all lawful costs. But sometimes, trade secrets are stolen and misappropriated despite your best efforts to protect them. This article discusses some of the remedies available when trade secrets are stolen and the duration you can obtain those remedies in the future. Peter Mavrick is a Fort Lauderdale…

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MIAMI BUSINESS LITIGATION: FRAUDULENT TRANSFER REMEDIES
Mavrick Law Firm

If a creditor files a claim of fraudulent transfer against a debtor, the creditor has several options for remedies. The remedies available include injunctions, avoidance, attachment, appointment of a receiver, and potentially, money damages. These remedies are articulated in section 726.108, Florida Statutes. Peter Mavrick is a Miami business litigation attorney, and represents clients in…

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MIAMI BUSINESS LITIGATION: TRADE SECRET “COMPILATION” UPDATE
Mavrick Law Firm

We previously written about the importance of trade secret “compilations” because a trade secret owner can claim certain information is trade secret even when the information is public. Secrecy is the bedrock to possessing trade secrets because they are defined as information “deriv[ing]] independent economic value… from not being generally known to, and not being…

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FORT LAUDERDALE BUSINESS LITIGATION: FORUM SELECTION CLAUSES
Mavrick Law Firm

Contracting parties may stipulate to a particular forum for resolving future disputes. Am. K-9 Detection Servs., Inc. v. Cicero, 100 So. 3d 236 (Fla. 5th DCA 2012). This is known as a forum selection clause. The clause can be mandatory, which requires the parties to litigate in the particular chosen forum to the exclusion of…

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MIAMI BUSINESS LITIGATION: NON-COMPETE AGREEMENTS AND “CONFIDENTIAL INFORMATION”
Mavrick Law Firm

Under Florida law, enforcement of a non-compete agreement requires requires proof of at least one “legitimate business interest.” Fla. Stat. § 542.335 (“The person seeking enforcement of a restrictive covenant shall plead and prove the existence of one or more legitimate business interests justifying the restrictive covenant.”). A failure to plead or prove the existence…

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MIAMI BUSINESS LITIGATION: CONTRACT “LIQUIDATED” DAMAGES
Mavrick Law Firm

Liquidated damages are determinable with exactness from the cause of action as pleaded by a mathematical calculation or by application of a rule of law. Boulos v. Yung Sheng Xiamen Yong Chem. Indus. Co., 855 So.2d 665 (Fla. 4th DCA 2003). Many contracts contain a liquidated damage provision that attempts to ascribe an automatic amount…

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A few months ago our company was in need of a Labor Law Attorney and we were very lucky to have found Peter Mavrick. He is a great attorney, he maneuvered through a rather complex Employers Liability case advocating against the opposition and protecting our company and personal interests. He was...

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Peter Mavrick successfully defended our company in a federal court jury trial. The jury ruled our way in a lawsuit by a person claiming our company owed him overtime wages. Mr. Mavrick “out-lawyered” the opposing lawyer and handled the case like our company was his own family’s business.

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For years, Mr. Mavrick has provided sound advice to my business and he provided excellent representation in a business lawsuit. He is highly responsive and his legal knowledge, skill, and advice are excellent.

Business owner Preston M.

Peter Mavrick successfully defended my company and me in a non-competition covenant lawsuit that sought an injunction that would have effectively shut down my business. Mr. Mavrick energetically handled the case like it was his own. He got the case dismissed with no liability and saved the business...

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