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business law
“No Damages for Delay” Clauses Aren’t Always Ironclad in Construction Contracts
In the world of construction law, “no damages for delay” clauses are commonly used in contracts to limit liability. These provisions generally state that if delays occur, the affected party’s sole remedy is a time extension—not monetary compensation. However, a recent federal case highlights the important reality that these clauses are not absolute. Case in...
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Starting a Business in South Carolina: Key Considerations and Legal Guidance
Starting a business in South Carolina requires careful planning and a solid legal foundation to ensure compliance with local, state, and federal regulations. Whether you are launching a small startup or a large corporation, understanding the necessary steps and legal requirements will help set your business up for success. Essential Steps to Starting a Business...
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Legal Sen$e - The Floyd Law Firm PC
The Corporate Transparency Act impacts 32 million small businesses, effective January 1, 2024, nearly every legal entity incorporated or registered to do business in the United States will be required to report certain ownership information to the federal Financial Crimes Enforcement Network, or FinCEN. The Corporate Transparency Act is likely to catch small business owners...
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Legal Sen$e - The Floyd Law Firm PC
Corporate wrongdoing and financial malfeasance have been persistent challenges in the business world, affecting not only the workers but also the trust of the American public in corporations. In an effort to tackle these issues head-on and promote corporate accountability, the Department of Justice (DOJ) took a significant step forward on February 22, 2023, by...
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An anxious call from a client – who had just discovered that a trusted employee had embezzled from their company – was a timely realization that they needed to reevaluate their office operating procedures and business security measures. The preventive answer lies within improved audits, fidelity insurance coverage, careful hiring practices, and implementation of a...
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How Surveillance and Dashcam Footage Can Strengthen Your Personal Injury Case
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Legal Sen$e - The Floyd Law Firm PC
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