What Happens If You Don't Have a Business Attorney? Real Consequences for Florida Entrepreneurs Most entrepreneurs delay hiring a business attorney for the same reason: they do not believe they need one yet. The business is small, the relationships are good, everything is working. Legal counsel feels like an expense for problems that do not exist. Then the problems arrive — and the cost of not having an attorney becomes clear. You Sign Contracts You Do Not Fully Understand Bu

What Is Breach of Fiduciary Duty? A fiduciary duty is a legal obligation of trust and loyalty that one party owes to another. When that duty is violated, the injured party has a legal claim for breach of fiduciary duty — one of the most powerful theories in business litigation. In the business context, fiduciary duties arise between: Partners in a general or limited partnership. Members and managers in an LLC. Officers and directors of a corporation. Majority shareholders and