Understanding FDUTPA

The Florida Deceptive and Unfair Trade Practices Act (FDUTPA) was passed in 1973. This state law is intended to complement, and is modeled after, the national Federal Trade Commission Act. Often referred to as Florida’s “Little FTC Act”, it aims to prevent businesses from taking advantage of consumers through lying and manipulation. Who does FDUTPA protect? FDUTPA is intended to protect all consumers. Read More

What Does the FTC Do?

If you own or run a business, you need to be familiar with the work of the Federal Trade Commission (FTC). The FTC is a bipartisan United States agency with a two-part mission: “to protect consumers and promote competition.” Some of the goals of the FTC are to:   Stop unfair and deceptive practices in the marketplace Stop fraud in the marketplace Place regulations on the marketplace Educate Read More

What is the TCPA?

If you’re involved in telemarketing, you’ve probably heard of the TCPA, but you might not be clear on what exactly it is or what exactly it does. Cove Law is here to help you get the facts straight! The TCPA is the Telephone Consumer Protection Act. It is a law that was passed by Congress in 1991. Its intention was to update the Communications Act of 1934 to protect modern telephone users from harassment, invasion Read More

What is White Collar Criminal Defense?

If you are a business owner or corporate executive and you’ve found yourself in some hot water, you may be facing a matter involving white collar crime. In today’s blog post, we’ll be digging into what exactly white collar crime is and what kind of defense may be required. The phrase “white collar crime” refers to nonviolent criminal activity that is committed in the pursuit of money. Usually white collar crimes Read More

Entrapment: What It Is And What You Should Do

When it comes to white-collar crimes like embezzlement, money laundering, and securities fraud, authorities have been known to go the extra mile to ensure successful arrests and convictions. In some cases, they are not above entrapping the target of their investigation. Entrapment occurs when a law enforcement officer (or someone acting on their behalf, such as a confidential informant) induces you to commit a Read More

Useful Tips for Creating a Strong Business Budget

A solid budget is essential for any business, whether it is just starting out or it is operating branches across the globe. Without one, it will be challenging to manage finances, to keep track of sales, and to achieve growth.  Every business owner should understand how important it is to create and gain an in-depth knowledge of their own budget to enable them to make intelligent business decisions, ascertain what Read More

Get Started the Right Way: 4 Documents Your Business Needs to Get Started in Florida

Florida is one of the top states in the country for new startups. It is considered one of the best places to start a business because of its thriving business environment, low operational costs, and easy access to resources. Still, though, about one in five new businesses fails. Launching your new business with the proper documentation in place is one way to increase your chances of success. The following documents Read More

How to Dissolve a Partnership in Florida

Having one or more partners in a business is a great way to distribute the workload, share costs, and bring in a diverse set of skills. There are times, however, when it becomes necessary to end the partnership agreement and have everyone go their own way. Whether this is done while closing the business, selling the business, or just having one or more of the parties exit the business, it is critical that it is done Read More

Understanding the Difference Between a Grand Jury and Trial Jury

The United States Courts system involves two types of juries that serve different purposes: Trial juries and grand juries. Trial juries and grand juries are both made up of regular citizens who have been called for jury duty. However, what they are asked to do is quite different. Keep reading to learn more. What’s the main difference? A grand jury is involved early in a case. It is up to them to determine Read More

4 Common Violations of the Foreign Corrupt Practices Act

The Foreign Corrupt Practices Act (FCPA) was created in 1977 to prevent US businesses and individuals from bribing foreign countries to do business with them. All US publicly traded companies must adhere to the FCPA - even if the company is located in a foreign country. In addition to applying to employees and directors, the FCPA also applies to stockholders, officers, and other agents for the company. Even Read More