Category Archives: Corporations

Advantages of Florida corporations

A corporation is a business organization constituting an independent entity created by the state pursuant to a corporate charter and the enjoying the powers conferred upon it by law. A corporation is a separate legal entity, distinct from its shareholders, … Continue reading

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Business Emergencies….How to Plan for the Unexpected

  It seems as if Northeast Florida has been under rainclouds, storm warnings and Tropical Depression Warnings for about forty days and forty nights.  As a long time Florida resident, I realize that this is probably just an early summer … Continue reading

Posted in Business Consulting, Business Sales & Operations, Corporations, Human Resources & Employment, Management & Operations, Risk Management, Sole Proprietorships | Leave a comment

Business Organizations – What’s the Difference?

So you’ve taken a great idea, formed a plan, created a blueprint for how to get the attention of your customers and acquired the appropriate amount of start-up funding. Now you face your next big decision – what type of … Continue reading

Posted in Business Formation, Business Tax Issues, Contractual Relationships, Corporations, Limited Liability Companies, Management & Operations, Partnerships, Sole Proprietorships | Comments Off

Winn-Dixie Files Suit Against Dollar General

In a brief statement released by Winn-Dixie Stores, Inc., it confirmed having filed suit against Dolgencorp, the parent company of the Dollar General discount retail chain. Winn-Dixie alleges that Dollar General is willfully violating non-compete provisions built in to all … Continue reading

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CSX Projects Continued Growth Through 2015

Only a few weeks after announcing its planned 3 for 1 stock split, CSX revealed during its annual conference that it expects yearly double-digit growth in its per share earnings and income through 2015. Through a press release issued on … Continue reading

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CSX Announces Stock Split

Jacksonville based corporation, CSX, announced earlier this month that it has approved a stock split of 3 for 1. In addition, the company committed to increasing the quarterly dividend of its common stock by 38 percent. CSX also plans to … Continue reading

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Blue Cross Blue Shield to Enter the Medicaid Market?

Blue Cross Blue Shield, one of Florida’s largest insurers, announced its plan to enter Florida’s Medicaid market. A spokesperson for the company stated that the timing is right, especially considering the Legislature’s recent decision to expand Medicaid’s role statewide. Presently, … Continue reading

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Do Corporate Officers Owe the Same Duty of Care as Directors?

A recent decision by Delaware’s Supreme Court held that officers owe the same fiduciary duty of care as its directors. However, in its decision, the Court did not address the standard of care for determining officer liability. Traditionally, the standard … Continue reading

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SEC Set to Bring Charges Against Wachovia

The Securities and Exchange Commission has announced its intent to bring charges against Wachovia Corp. for assessing usurious fees against its investors for collateralized debt obligations (some of which containing mortgages). Wachovia, now owned by Wells Fargo, is the third-largest … Continue reading

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Pizza Chain, Sbarro, Files for Chapter 11 Bankruptcy

If you have ever been in an airport or mall, then you’ve most likely seen a Sbarro pizza kiosk. The Wall Street Journal has reported that the pizza chain is filing for Chapter 11 bankruptcy protection. The New York based … Continue reading

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