Those interested in pop culture are likely aware of the diversification in business many musicians and performers seek. One crossover that makes sense to some is the creation of headphones by performers. Following the lead of Dr. Dre, rapper 50 Cent, also known as Curtis Jackson, made a deal with a Florida company to create his own line of headphones. Somewhere along the way the deal soured and the rapper worked with another manufacturer to create the product. The original manufacturer, Sleek Audio, then took legal action against the performer.
Smartphones are a part of the lives of individuals throughout the country including those in the state of Florida. Accordingly, it is not a big surprise that the makers of these phones are always striving to create a better product. The competition to come up with and implement improvements can sometimes result in accusations of theft. This has occurred several times between Apple and Samsung.
The most recent case arose after Apple accused Samsung of patent infringement on Galaxy smartphones and four other devices. According to Apple, its “Slide to Unlock” feature was taken by Samsung. So too was a tap-from-search technology. As a result of that alleged theft, Apple is seeking a $40 royalty from every Samsung device that uses software Apple says it conceived. Should Apple be successful, Samsung could find that it is out around $2 billion.
A disagreement involving a barbeque restaurant in Winter Park, Florida, is currently taking place between the founder and others who formerly owned part of the restaurant business. The location in question was closed at the end of last year. Following the closing, some of the owners sold their stock in the business, Bubbalou Inc., to a developer who is tied to a development in the area. The developer’s intent behind that purchase was to reopen the closed restaurant at another location within the development.
Most residents of Orlando, Florida, are probably aware of the web site YouTube. The site has made more than one individual, who uploaded a video on the site, famous. In addition to individuals who use the site to showcase their talent, other individuals have uploaded copyrighted materials to the video sharing site without permission.
Unhappy that clips of programs shown on Viacom channels were being uploaded to YouTube, Viacom took legal action against YouTube’s parent company, Google, in 2007. In that lawsuit Viacom alleged that YouTube profited from those clips being available on the website and sought more than $1 billion in damages. Recently, that lawsuit settled. Though the details of the settlement have not been made public, according to an anonymous source, neither company will receive money from the other.
When an individual or entity decides to purchase commercial real estate for development, the assumption behind such a purchase is usually that it will result in financial profit. While it may turn out that way, there are often hurdles that need to be dealt with along the way.
These issues could arise at any stage in the process beginning with the purchase. Disputes between the buyer and seller could hamper the deal so that it takes longer to complete. Once the purchase is complete problems could arise concerning the development of the property. After the building is constructed, a landlord could face issues with tenants brought in to lease the space.
Business disputes occur around the globe on a regular basis. The disputes can arise in a variety of situations including business, real estate and construction. While it is possible that the fallout from such a dispute can be minimal, in other situations it could have far reaching consequences, impacting many other businesses and individuals. A dispute that did just that was recently resolved.
The matter involved the construction project currently underway on the Panama Canal. The canal, which changed the face of shipping when upon its completion the Pacific Ocean and Atlantic Ocean were connected, is in the process of being expanded. Because the cost of this project is running so high over budget, the construction consortium working on the project announced that to avoid suspending construction, the Panama Canal Authority needed to pay a portion of the overruns.
The decision to build or renovate a house is usually not one that is taken lightly by anyone. The often complicated process can be expensive. When the project does not go as planned, it can be difficult to know what options exist. Residents of one Florida community are facing this now. They purchased townhomes in a community that were built by Pulte Homes within the last decade. Unfortunately, the homes have not held up well.
The community’s home owner’s association claims that the buildings suffered damage when the exterior stucco began to crack and water got underneath it leading to mold. In addition, the association’s lawyer says that there are issues with the way in which the structures are constructed. The buildings’ two stories are allegedly not connected properly. This could lead to problems when storms arrive during hurricane season.
There are many residents of Orlando, Florida, who are soccer fans. Those individuals are probably closely watching the city as it seeks to secure land for a new stadium. It appears that an initial hurdle was cleared earlier this month. The city of Orlando was informed that it could use eminent domain to take property located in the Parramore neighborhood, to use for the stadium. It needs close to 2 acres and as a result of a court ruling, will be able to obtain that land without the permission of the individuals who currently own it.
The internet has provided a platform for many individuals throughout the nation, including the state of Florida, to express their opinions regarding things to a large amount of people in a short amount of time. Many people have created blogs to attain that goal. Some people even make a living blogging. Recently, things got a bit intense for a blogger who was accused of making defamatory or rebellious statements regarding a minority owner of the basketball team, the Heat.
In previous posts we have touched on some of the issues that could potentially arise where commercial real estate is concerned. While in many cases it is possible to anticipate those issues and take steps to head them off, in other situations they come out from out of the blue. A $600 million mixed-use development in South Florida is currently facing that situation.
The issue is that the construction has uncovered a prehistoric settlement located on the building site. According to an archaeologist working on a historical analysis of the site, artifacts uncovered date back to 500-600 B.C. He also said it is perhaps the “best-preserved prehistoric town plan in eastern North America.”