Noncompetition and non-solicitation agreements play a crucial role and provide many sticking points in veterinary practice sales in Florida. These agreements are designed to protect the interests of both parties involved in the sale, namely the buyer and the seller. Furthermore, they ensure a smooth transition of ownership and prevent any potential harm to the […]
Creating an employee handbook is a critical step for your veterinary clinic to establish clear expectations, policies, and procedures for their staff. My legal experience with these issues over the years leads me to recognize the importance of developing comprehensive employee handbooks that comply with relevant laws and regulations while promoting a positive work environment. […]
As a legal advisor in veterinary practice transitions, I recognize the importance of a well-crafted letter of intent (“LOI”) in initiating and formalizing the sale process. Herein, you can learn a little bit about the significance of a letter of intent in veterinary practice sales and its key components. 1. Initial Agreement and Intent: A […]
Selling a veterinary practice is a significant decision that requires careful planning and consideration of various legal and financial factors. As an attorney specializing in veterinary practice sales, I understand the importance of navigating the sale process effectively to achieve a successful outcome. In this blog post, I’ll discuss the legal considerations and steps involved […]
Tax considerations play a significant role in the sale of veterinary practices, impacting both buyers and sellers. As an attorney working in veterinary practice sales, I understand the importance of carefully structuring the tax allocations of the purchase price to maximize benefits and minimize liabilities for all parties involved. In this article, I’ll discuss the […]
For veterinarians—whose mission is to provide care for animals—facing a complaint with the Florida Board of Veterinary Medicine can be a distressing experience. Not only does it put your hard-earned professional reputation at risk, but it may also lead to legal consequences that can jeopardize your license. As an attorney specializing in license defense, I’m […]
The decision to buy or sell a veterinary practice comes with significant legal implications. As an attorney, my perspective on such transactions is rooted in protecting clients’ interests, ensuring compliance with regulations, and facilitating a smooth transition of ownership. In this article, we will delve into the legal intricacies involved in the buying and selling […]