Florida businesses may seek rescission of a contract in certain circumstances when the contract was entered into because of fraud, accident, or a mistake of facts. To preserve the legal right to invoke the remedy of rescission, when the basis for rescission is discover must immediately reject any further benefits under the contract and must…
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Trade secrets and confidential information can lose protection under the Florida Uniform Trade Secrets Act (FUTSA) when they are disclosed to third parties. One way to maintain protection of this information under FUTSA, is by entering into a confidentiality agreement with the third parties that will receive the information. When trade secrets or confidential information…
Continue reading ›The Florida Deceptive and Unfair Trade Practices Act (FDUTPA) provides a means for customers to sue a business which deceptively charges additional fees. When a business conducts itself in an unlawful, unfair, or deceptive manner to its own customers, the business’ competitor may also assert a FDUTPA claim for the harm that these practices indirectly…
Continue reading ›Another article discusses how a business can lawfully sue a competitor under the Florida Deceptive and Unfair Trade Practices Act (FDUTPA) when the competitor issues deceptive charges against its own customers. Several recent cases have explained that whether a charge is unlawfully deceptive is highly dependent on the exact language of the charge. Minor nuances…
Continue reading ›Florida businesses are responsible for the contractual obligations arising from agreements that the business authorized their employees to enter. In certain circumstances, however, a Florida business can be responsible for contractual obligations even when the employees lacked actual authority to agree to the contract. The legal doctrine of “apparent authority” can apply to make a…
Continue reading ›Non-compete agreements are often drafted with broad provisions to prevent a business’s former employee from competing for its customers for a period of time. To be enforceable non-compete agreements must be based on a legitimate business interest, such as trade secrets, confidential information, and substantial customer relationships. However, a legitimate business interest must be harmed…
Continue reading ›Florida businesses often enter into contracts that define the rights and responsibilities of the contracting parties. Each contracting party is presumed to understand the terms of the contracts that they agree to. Courts will generally enforce contracts as they are written; however, complications can arise when a party to a contract recognizes that he made…
Continue reading ›Courts generally have discretion as to whether to grant an injunction to enforce a non-compete agreement. That discretion, however, does not allow courts to avoid enforcing a valid non-compete agreement which has been breached. Peter Mavrick is a Boca Raton non-compete attorney and business litigation attorney who has substantial experience with non-compete litigation, including injunction…
Continue reading ›Contracts often prohibit parties from changing the contract terms unless it is in writing and signed by the parties. The purpose of this clause is to establish proof that the parties agreed to the modification of the contract. Parties will often ignore or forget about these clauses. So, when parties appear to have modified the…
Continue reading ›Recovery of business losses for another party’s wrongful actions can often be insufficient without recovery of “lost profits.” Lost profits consist of the amount of profit a business would have earned, absent the breach of contract. Proof of lost profits must be based on evidence that is reasonably certain and not based on speculation. Proof…
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