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Contract & Business

Contract & Business

Ayala Obtains Part II Money Transmitter License for its Client in Florida

Ayala is happy to announce that it has obtained a Part II Money Transmitter license for its client, a Florida corporation. A Money Transmitter license “authorizes the holder to transmit currency, monetary value, or payment instruments, either by wire, facsimile, electronic transfer, courier, the Internet, or through bill payment services or other businesses that facilitate such transfer, within this country or to or from locations…
Ayala Law P.A.
April 19, 2022
Contract & Business

Ayala Celebrates 9 Year Office Anniversary

  By: Sophie Polenghi Last week, we celebrated another Ayala Anniversary, marking 9 years since the office opening back in 2013. We interviewed founder of Ayala Eduardo Maura and asked him questions on the journey of Ayala thus far and what to expect to come in the future. Question 1:   When you first started Ayala back in 2013, did you think you would be…
Ayala Law P.A.
February 15, 2022
Contract & Business

Ayala’s Client Prevails at Trial Against Relentless Plaintiff in Three-Year Old Breach of Contract Case

By: Eduardo Ayala Ayala is proud to announce that it has prevailed in a bench trial in a case that the firm undertook pro bono. In the case, Plaintiff sued his former attorney (the defendant) for breach of contract. Plaintiff sought hundreds of thousands of dollars in speculative damages on a contract where he merely paid a couple of thousand dollars. Though Plaintiff was able…
Ayala Law P.A.
February 2, 2022
Contract & Business

Viatical Settlement Transactions in Florida – What Are They and Things You Need to Know

By Ryan Sawal I. What is a Viatical Settlement Transaction? Viatical Settlement transactions (or life settlement transactions) are transactions between a company or individual known as a “viatical settlement provider” and the owner of a life insurance policy known as a “viator.” A viatical settlement transaction allows the policy holder to reap a portion of the policy’s amount in exchange for the ultimate benefits of…
Ayala Law P.A.
January 26, 2022
Contract & Business

What is a Breach of Contract?– Basic Legal Elements You Must Know

A Breach of Contract means a failure of a party to perform or fulfill its obligations under the contractual agreement. The contract if properly negotiated and executed, is binding on the parties and will be enforceable in court. A breach of contract occurs when one or more parties involved in a contract do not honor the binding agreement in a material way. Material means important—an…
Ayala Law P.A.
January 21, 2022
Contract & Business

Can You Obtain a Business Visa By Purchasing A Property?

One of the most common questions when it comes to obtaining a business visa in the United States is whether an investor can obtain a business visa (E-2, L1-A, or other) by merely purchasing real estate. The answer is simple: no. Buying a property will get not you a business visa per se. Even if you buy a property worth millions of dollars, a passive…
Ayala Law P.A.
January 21, 2022
Contract & Business

How 2018’s Amendment 3 Affects the 2021 Gaming Compact

By Cooper Eisinger In 2018, seventy-two percent of Florida voters voted in favor of Amendment 3 which was then codified in Florida’s Constitution as Article X Section 30. That constitutional provision establishes that Florida voters shall have the exclusive right to decide whether to authorize casino gambling by requiring that in order for casino gambling to be authorized under Florida law, it must be approved…
Ayala Law P.A.
November 10, 2021