Sep. 6, 2022

SECURED LENDERS AND SECURED VENDORS BEWARE

By Charles M. Tatelbaum

A NEW SUPREME COURT RULING HOLDS THAT IN FLORIDA, THE DEBTOR’S NAME ON A FINANCING STATEMENT MUST BE EXACTLY CORRECT OR THE SECURITY INTEREST MAY BE DECLARED INVALID

Since the mid-1960s, lenders, and vendors in Florida have been able to perfect security interests in personal property collateral in order to help insure repayment of debt. Under the Uniform Commercial Code (UCC), which is contained in Chapters 671 through 679 of the Florida Statutes, three actions need to occur in order for a security interest to be perfected – (1) an agreement in writing creating the security interest (the security agreement), (2) consideration passing between the parties, and (3) in most situations, the filing of a financing statement (UCC-1 form) with the Florida Secured Transactions Registry. The security interest is perfected when the last of the three items occur.

Read More
Aug. 29, 2022

Making sense of new insurance and condo reforms

AS PUBLISHED IN FLORIDA TREND

SPECIAL REPORT by Tripp Scott's Matthew Zifrony, ESQ.

After a string of devastating hurricanes and just 11 months following the Surfside condominium collapse, the Florida Legislature and Gov. Ron DeSantis delivered much needed reforms for Florida’s troubled insurance and condominium industries. 

Some say the reforms made during the special session won’t do enough to bring down insurance rates for homeowner associations and consumers. Taken as a whole, however, curbing insurance fraud, bolstering insurer coffers and stabilizing the industry could make Florida more attractive for insurers. Ideally, this should increase competition and lower rates. 

Read More
Aug. 23, 2022

'Better Safe Than Sorry': South Florida Court Upholds Attorney Fee Ruling in Fight Over Condo's Ungated Pool

As Published in the Daily Business Review

The Third District Court of Appeal upheld a Miami-Dade County Court judge’s decision that a man suing his condo association was the prevailing party, despite dismissing his case as being moot. 

Attorney John Mullin along with Robert Scheppske III of Tripp Scott represented condo unit owner Fernando Riveiro, who sued the Collins Condominium Association over a dispute about a safety barrier at an ungated pool.

Read More
Aug. 15, 2022

Essentials for your First-Year College Student

"Finally…" a common expression of relief said by (most) parents and (practically all) recently-graduated high school graduates – and now they are off to college. As a parent, you are probably hoping your "child" achieves the goals they set to accomplish, i.e., get good grades and get a good job – but what about still taking care of your "independent" child, like their tuition, costs, or expenses they incur? Sure, the school they attend may set you up with a "surrogacy" or "proxy" to access their medical or financial accounts, but this may be unintentionally misleading because these may be limited to those related or tied to the school and may not provide the parents the assurance they need. 

Read More
Aug. 15, 2022

School Choice, More than Ever: Three Big Reasons

By William C. Davell

As Florida’s children return to classrooms, what better time is there to highlight the Sunshine State’s status as a national leader in school choice – and three reasons why that distinction matters more than ever? Even more, it’s worth considering whether, during this year or later, your family should take advantage of the state’s range of offerings that put families and their needs first.

This month’s legal opinion is provided by Tripp Scott's CEO Ed Pozzuoli.

Read More

Categories


Fresh


INCREASING SUBPRIME AUTO LOAN DEFAULTS – THE CANARY IN THE COAL MINE FOR 2023 BANKRUPTCY FILINGS

By: Charles M Tatelbaum and Corey D. Cohen, Tripp Scott PA

Experience tells us that the recent increase in subprime auto loan defaults can be a reliable predictor of an overall increase in consumer bankruptcies which, in turn, causes problems for businesses in many sectors.  Recently reported data discloses that in the fourth quarter of 2022, subprime auto loan defaults increased by slightly more than 30%.

These defaults rise from a number of reasons, namely:  (1) higher interest rates on the subprime loans that have a floating rate of interest; (2) inflationary increases which have pinched consumers' budgets; and (3) increased costs of rental housing.

TSE's Candice Ericks Named One of City & State's Women Power 10

FORT LAUDERDALE, Fla., January 25, 2023 – Tripp Scott today announced that Candice Ericks, Director of Government Relations for TSE, the governmental affairs division of Tripp Scott, was named one of City & State Florida's Women Power 100. 

City & State is the premier media organization dedicated to covering Florida, New York and Pennsylvania's local and state politics and policy. Its in-depth, non-partisan coverage serves Florida’s leaders every day as a trusted guide to the issues impacting Florida. City & State Florida's Women Power 100 list is comprised of elected officials and high-powered lobbyists, leaders from the worlds of business, nonprofits, media, social justice, conservative think tanks and what we call the “persuasion industry”: public relations, strategic messaging and fundraising.

Tripp Scott Attorneys Represent Datum RMS for Major Sale of Controlling Stake to AES Engineering Ltd

FORT LAUDERDALE, Fla., January 24, 2023 – Tripp Scott today announced that its team, Tanya Bower, director and Arsen Pascua, attorney, successfully represented Datum RMS in the sale of the controlling stake of the company to AES Engineering Ltd.

Start a Conversation




The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.