Oakland Park Business Transactions Attorney
Oakland Park owners are often a handshake away from a deal that will shape their company for a decade: a buyout of a partner, a purchase of a warehouse off Powerline Road, a joint venture with a friend, a lease for a new storefront. Before the signature goes on the page, someone has to decide what the paper actually says and who bears the risk if it goes wrong. The Andrew M. Schwartz Legal Team handles business transactions and the litigation that follows when deals fail, serving business owners, investors, and families in Oakland Park, Broward County, and throughout South Florida.
Searching for an Oakland Park business transactions attorney usually means one of two things. Either you are about to sign something and want it right, or you signed something and it is not working the way you were told it would. Both situations turn on the same thing: the exact wording of the agreement and the history of how the parties dealt with each other. That is where a lawyer who also litigates earns their keep, because we draft and review with an eye toward how a judge would read each clause if the relationship collapsed.
Deals that look routine on closing day rarely stay routine if one side stops performing. A purchase agreement with a vague closing condition, an operating agreement silent on what happens when two members disagree, or a lease guaranty signed without reading the fine print can each become a lawsuit. Good transactional work anticipates that, and it is far cheaper than fixing it afterward.
Why Choose the Andrew M. Schwartz Legal Team for Business Transactions Work
The Andrew M. Schwartz Legal Team represents business owners, investors, and families across Palm Beach County and Broward County, with clients from New York, New Jersey, and Connecticut who hold business or real estate interests in South Florida. Andrew M. Schwartz, the firm’s founder, has spent 37 years in litigation and has practiced in Florida since being admitted to The Florida Bar in 1989. His career has centered on complex contract disputes, business divorces, and conflicts among partners, LLC members, and shareholders. He earned his undergraduate degree at Emory University in 1986 and his law degree at the University of Miami in 1989.
Andrew is joined by Senior Counsel Sundeep Nath, a Northwestern-trained litigator with years of experience in business and real estate cases in state and federal courts. The firm practices as a true legal team, meaning everyone working on a matter knows the file and can answer when a client calls. There is a strict 24 hour return call policy when we are in court, and staff will set up scheduled conference calls at times that work for everyone.
That litigation background shapes how we handle transactions. Most of our work involves agreements that have already gone wrong: purchase agreements, operating agreements, shareholder agreements, commercial leases, loan documents, and construction contracts. Seeing how those documents fail under pressure informs how we advise on them before signing. The firm also has recent trial success on the transactional side of the line. After a 5-day bench trial, a Broward County circuit judge issued a 32-page final judgment awarding our client specific performance of a commercial real estate contract.
For companies that want a lawyer available between deals, the firm’s outside general counsel program serves as the company’s registered agent and helps with contract, compliance, and operational questions as they arise. Having a litigator involved before a dispute starts often keeps a disagreement from becoming a lawsuit. Our attorneys are also experienced in mediation and arbitration, and we look for the resolution that fits the client’s goals and budget rather than prolonging a case for its own sake.
Business Transactions We Handle for Oakland Park Companies and Investors
- Purchase and Sale of a Business: Buying or selling a company turns on the purchase agreement’s representations, warranties, indemnity terms, and closing conditions. Disputes over what was disclosed, what was promised, and what the price actually covered are among the most common transaction-related lawsuits we see.
- Operating and Shareholder Agreements: These documents decide who controls the company, how profits are split, and what happens at a deadlock or a departure. Many owners sign boilerplate and discover the gaps only when a partner stops cooperating.
- Partner and Member Buyouts: A negotiated buyout depends on valuation method, payment terms, and protections against the departing owner competing or taking customers. Poorly written buyouts are a frequent source of follow-on litigation.
- Commercial Real Estate Purchase and Sale Contracts: Oakland Park’s mix of light industrial space, retail frontage, and small mixed-use properties produces contracts with inspection periods, financing contingencies, and closing deadlines that can unravel a deal when missed.
- Commercial Leases: Personal guaranties, rent escalations, common-area charges, and default provisions deserve a close read by a tenant or landlord before signing, not after the first missed payment.
- Loan Documents and Financing Agreements: Promissory notes, guaranties, and security agreements allocate risk between lender and borrower in ways that matter when a business struggles.
- Construction and Contractor Agreements: Build-outs, renovations, and development projects depend on scope, payment schedules, and change-order terms that are frequently contested.
- Family and Closely Held Business Arrangements: Ownership shared among relatives, close friends, or spouses needs written terms on control, compensation, and succession so that personal relationships are not the only thing holding the business together.
What to Do Before You Sign, and What to Do When a Deal Is Already Failing
If you have not signed yet, the most valuable step is to have the agreement reviewed in full, including every exhibit, schedule, and incorporated document. Pay particular attention to termination rights, default definitions, notice requirements, guaranty language, and how disputes are resolved. A clause requiring arbitration or setting an out-of-state venue can change your options dramatically later. Ask for changes before signing, when you have leverage; after closing, you usually do not.
If a deal is already in trouble, start by collecting every document: the signed agreement, drafts, emails and texts that show what the parties said and did, payment records, and anything showing how the relationship actually operated. These records often decide a contract case. Do not delete messages, and be careful about what you put in writing to the other side going forward, because those statements can become evidence.
Deadlines matter more than most business owners expect. In Florida, a lawsuit on a written contract generally must be filed within five years, while a claim on an oral or implied contract has four. Fraud claims run four years from discovery, subject to an outer limit of twelve years, and an action to rescind a contract has four years. A claim for specific performance, the remedy that forces a party to complete a deal such as a real estate closing, has only one year. That short window catches people by surprise, so a failed closing should be evaluated promptly rather than left to cool off. A professional malpractice claim, such as one against an advisor who botched a transaction, has a two-year period that runs from when the problem was or should have been discovered.
Where the case is heard depends on the amount at stake. County court handles disputes up to a jurisdictional ceiling, with small claims below that, and circuit court takes larger claims. Oakland Park sits in Broward County, so circuit cases are filed in the Seventeenth Judicial Circuit, which sits in and for Broward County, with courthouses in Fort Lauderdale, Deerfield Beach, Hollywood, and Plantation. The Seventeenth Circuit also maintains complex business divisions for large business litigation and certain entity dissolution cases. Contracts involving parties from different states, or federal claims, can end up in the U.S. District Court for the Southern District of Florida, which holds court in Fort Lauderdale and West Palm Beach.
Many disputes never reach a courtroom. Negotiation, mediation, and arbitration resolve a large share of them, and our attorneys are experienced in all three. We will tell you plainly whether the cost of litigating makes sense against what you stand to recover or protect.
When a Business Deal Becomes a Dispute: Remedies Available in Florida
The remedy has to match the problem. Damages compensate for financial loss. Specific performance compels a party to carry out a contract, which is most useful where the subject is unique, such as a particular commercial property. Rescission unwinds a deal tainted by fraud or a fundamental failure. Injunctions, whether temporary or permanent, can stop a partner from moving assets, using confidential information, or taking steps that would destroy the value of the business while the case is pending. Our firm regularly seeks early and emergency injunctive relief where waiting for a final judgment would mean the harm is already done.
When the dispute is among the owners themselves, the transaction documents and Florida’s entity statutes work together. Under the Florida Revised LLC Act, a court may dissolve an LLC on a member’s petition on grounds that include deadlock that threatens irreparable injury, misappropriation or waste of company assets, illegal or fraudulent conduct by those in control, or the impracticability of carrying on the business under the operating agreement. Courts may appoint a receiver or custodian after a hearing, or order a buyout of the petitioning member’s interest. If the operating agreement contains a deadlock sale mechanism that is properly initiated first, that mechanism can take the place of a judicial dissolution order.
Corporations have a parallel framework. A shareholder may petition for judicial dissolution on statutory grounds, and the corporation or other shareholders may elect to buy the petitioner’s shares at fair value to avoid dissolution. If the parties agree on value and terms within 60 days of the first election, the court enters an order directing the purchase. These rules show why the buyout and valuation terms you negotiate at the start matter so much: a well-drafted agreement controls how a breakup happens, while a silent one leaves the outcome to a judge.
Money problems inside a business are their own category. Unpaid distributions, diverted funds, disputed capital contributions, and commingled accounts call for claims such as an accounting, breach of fiduciary duty, and recovery of funds, and sometimes emergency relief to freeze the problem in place. Real estate held jointly may require a partition action in Florida circuit court, in which the court either divides the property or orders it sold and the proceeds split. We handle those cases, along with title disputes and quiet title actions, alongside our business work.
Questions Oakland Park Business Owners Ask About Transactions and Contract Disputes
What does a business transactions attorney actually do?
We draft, review, and negotiate the agreements that create, transfer, or finance a business or its property: purchase agreements, operating and shareholder agreements, leases, loan documents, and contractor agreements. We also advise on how those terms allocate risk, so you know what you are agreeing to before you sign.
Do I need a lawyer if the other side has already given me a contract?
Often, yes. A contract prepared by the other side is written to protect that side. Having it reviewed before signing is usually inexpensive compared with the cost of disputing it later, and it gives you a chance to negotiate terms that are far harder to change after closing.
How long do I have to sue for breach of a business contract in Florida?
For a contract based on a written instrument, five years. For an oral or implied contract, four years. Fraud claims have four years from discovery with a twelve-year outer limit. Specific performance has just one year, which is why failed closings should be evaluated quickly.
Can a verbal agreement be enforced?
Some can, subject to the four-year period for non-written contracts, but proving the terms is much harder. Certain agreements, including many involving real estate, must be in writing to be enforceable. If a handshake deal matters to you, put it on paper.
What is specific performance and when is it available?
It is a court order requiring a party to perform a contract rather than pay damages. It is most commonly sought in real estate deals, where the property cannot be replaced by money. It must be sought within one year, and the firm has obtained a final judgment awarding it after a bench trial in Broward County.
Can a business partner be forced out of an LLC?
It depends on the operating agreement and the conduct involved. Many agreements include buyout, expulsion, or dissociation provisions, and Florida law provides court remedies for serious misconduct or when the company cannot function. We review the agreement first to see which options are available.
What happens if my business partners and I are deadlocked?
Check the operating or shareholder agreement for a deadlock mechanism such as a buy-sell or shotgun clause. If there is none, a court may order dissolution, appoint a custodian or receiver, or direct a buyout, depending on the entity type and the proof of irreparable injury.
Which court would hear my dispute if my business is in Oakland Park?
Smaller claims go to county court, and larger ones to the Seventeenth Judicial Circuit in Broward County. Large business disputes may be assigned to a complex business division. Cases involving diverse parties or federal questions may belong in federal court in Fort Lauderdale.
Is a personal guaranty on a commercial lease or loan really binding?
Generally, yes. A signed guaranty makes you personally liable if the business defaults, regardless of the company’s corporate structure. Read the scope, any cap, and any waiver language before signing, and negotiate limits where you can.
I live in New York or New Jersey but own a stake in a Broward business. Can you handle it?
Yes. We regularly represent clients from New York, New Jersey, and Connecticut with South Florida business or property interests. We handle the local court appearances and keep you informed so you do not need to travel for every hearing.
Does every business dispute have to go to court?
No. Many are resolved through negotiation, mediation, or arbitration, and some contracts require those steps. We pursue the path most likely to meet your goals at a sensible cost.
Do you work with other lawyers on business matters?
Yes. A significant part of our practice comes from referrals by other attorneys, including out of state counsel and Florida lawyers who do not handle business litigation. We keep referring counsel informed and respect their relationship with the client.
Serving Oakland Park and Broward County Business Clients Across South Florida
Our Broward County clients also include owners in Lighthouse Point, Deerfield Beach, Coral Springs, Parkland, Coconut Creek, Margate, Tamarac, Lauderhill, Sunrise, Plantation, Davie, Hollywood, and Hallandale Beach.
The firm’s reach extends north into Palm Beach County, where we serve clients in Boca Raton, Delray Beach, Boynton Beach, West Palm Beach, and the surrounding communities. Many of the transactions we see cross county lines, with a business in one county, real estate in another, and co-owners or lenders elsewhere, and we appear in both the Fifteenth and Seventeenth Judicial Circuits. We also represent clients from New York, New Jersey, and Connecticut whose business partners or co-owners are here in South Florida.
Speak With an Oakland Park Business Transactions Lawyer Before the Deal Closes or the Dispute Grows
Whether you are reviewing a purchase agreement, negotiating a buyout, or trying to figure out your options after a deal fell apart, an Oakland Park business transactions lawyer who also litigates can see problems from both sides of the table. The Andrew M. Schwartz Legal Team answers the phone, returns calls within 24 hours, and aims for solutions that match your goals and your budget. Call us to talk through your situation and learn what comes next.