The Florida Short-Form Merger — § 607.1104 and Squeezing Out the Last 20 Percent
Florida § 607.1104 lets a parent owning 80% of each class of a subsidiary merge with no shareholder vote — the tradeoffs are a 30-day mailing window and appraisal risk.
Florida § 607.1104 lets a parent owning 80% of each class of a subsidiary merge with no shareholder vote — the tradeoffs are a 30-day mailing window and appraisal risk.
A Florida yacht brokerage sale hits the Yacht and Ship Brokers’ Act: the broker license doesn’t transfer, salesperson licenses cancel on a new employer, and a fresh bond is due.
Buying a Florida mortgage brokerage means clearing new control persons through OFR under chapter 494 before closing. The license does not silently transfer.
Florida § 563.022 makes every beer distribution agreement a protected franchise, shaping what a distributorship sale delivers and whose consent you need to close.
Florida’s § 605.0503 makes the charging order the exclusive creditor remedy for multi-member LLCs but allows foreclosure on a single-member interest.
Florida’s § 475 broker definition reaches the sale of business enterprises. An unlicensed intermediary can lose the commission; the exemptions are narrow.
A Florida used-car lot sale runs on a § 320.27 dealer license that doesn’t transfer — the buyer needs its own license, $25,000 bond, and garage liability first.
A Florida veterinary-practice sale turns on the § 474.215 premises permit — tied to the establishment and its owner, not the seller’s, and it doesn’t ride along.
Unreported unclaimed property — stale checks, dormant credits, old deposits — is a real successor liability under Florida’s Chapter 717 that rides into an acquisition many buyers miss.
A Florida assisted living facility license does not transfer with the keys. Chapter 429 and the AHCA change-of-ownership rules set a 60-day clock that runs the closing timeline.