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Breaking News: Corporate Transparency Act Blocked

Posted on December 6, 2024, by Starlett Massey

Corporate Transparency Act

  On December 3, 2024, the Corporate Transparency Act (“CTA”), which requires U.S. business entities to report stakeholder information to the Treasury Department, was temporarily blocked nationwide by a Texas federal court.   This decision comes less than a month before the January 1, 2025 reporting deadline. As of now, it is unclear whether the […]

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Don’t Be Up Schitt’s Creek: How Operating Agreements Safeguard LLC Succession Planning

Posted on September 9, 2024, by Starlett Massey

A limited liability company (LLC) operating agreement is a legal contract. It governs the structure and operations of an LLC. It can include everything from designating the amount of each owner’s percentage ownership in the LLC to how business decisions are made and the powers of managers and members.    By registering with the Florida […]

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Don’t Be Up Schitt’s Creek: Risk of Theft or Conversion of a Member’s Interest in an LLC Without an Operating Agreement

Posted on August 30, 2024, by Starlett Massey

Individuals in Florida commonly start a Florida limited liability company (LLC) without retaining a lawyer to prepare an operating agreement. They do so by registering with the Florida Division of Corporations (sunbiz.org).    In the first blog in this series, we discussed the pitfalls of this approach. Specifically, we examined LLCs without operating agreements and […]

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Don’t Be Up Schitt’s Creek: Why Your LLC Should Have an Operating Agreement

Posted on August 21, 2024, by Starlett Massey

  It is common in the state of Florida for individuals desiring to operate their businesses as a company to start a Florida limited liability company (“LLC”). They often do so by registering an LLC with the Florida Division of Corporations (sunbiz.org) without retaining a business lawyer to prepare an operating agreement for the company.   […]

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Legal Update: Significant Changes to the Florida Rules of Civil Procedure

Posted on July 11, 2024, by Starlett Massey

In Case No. SC2023-0962, the Florida Supreme Court amended the Florida Rules of Civil Procedure with big changes to take effect on January 1, 2025.  The Supreme Court made these amendments as part of its ongoing efforts to “promote the fair and timely resolution of civil cases.”  Interested parties may provide public comment through August […]

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The Impact of Artificial Intelligence on Our Clients

Posted on April 25, 2024, by Massey Law Group

Artificial intelligence (AI) tools are being used more frequently in the legal profession. However, how they currently impact our clients outweighs the automated convenience.  For example, with AI being used to make decisions on human performance, there is a clear gap in the data relating to minorities. With little to no government regulation on AI […]

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What All Business Owners Need to Know About the Corporate Transparency Act, Effective Jan. 1, 2024

Posted on December 22, 2023, by Starlett Massey

In 2021, the Federal government enacted the Corporate Transparency Act (“CTA”) to enhance transparency in corporate entity structures and require the disclosure of the identity of the individuals who own and control U.S. companies to better arm the federal government in its fight against money laundering, tax fraud, terrorism funding, and other illicit activities.   Every […]

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The Impact of Artificial Intelligence on the Practice of Law

Posted on December 18, 2023, by Massey Law Group

There is a proliferation of artificial intelligence (AI) tools in the legal space. However, there are no state or federal licensing schemes for AI technology. In this, the first of three primers on Artificial Intelligence and the Law, we explore the impact of AI on the practice of law.   Masheika Allgood, AI Ethicist and […]

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Say What You Mean and Mean What You Say: Drafting Arbitration Provisions for Construction Disputes … and Beyond 

Posted on November 9, 2023, by Lauren Kerr

by Lauren Kerr, attorney of counsel, MLG Arbitration is a popular dispute resolution method for construction law claims Many construction agreements require resolution of disputes by arbitration.  This means that the parties intend to waive a jury trial and instead have any claims adjudicated by a neutral third party, the arbitrator(s). But, how far the […]

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Should My Florida LLC Have More Than One Member? How to Protect Your Company’s Corporate Veil

Posted on October 12, 2023, by Starlett Massey

Florida LLC

by Starlett Massey, attorney and founding shareholder of MLG You may be starting a business and are about to set up an LLC.  Or you may have established your LLC a decade ago.  An LLC offers certain protections.  However, in some circumstances, courts can reach beyond the company’s liability protections — “piercing the corporate veil.”  […]

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