Business & Finance

William “Bill” C. Davell: Avoiding a Surprise – and Potentially Unwanted – Business Partner

The Good News provides a monthly column with important content having to do with topics from the legal community. This month Bill Davell, director, speaks with Henny Shomar, a partner at Tripp Scott Law Firm. Any entrepreneur knows that a business’s worst enemy – but ironically, its greatest certainty – is uncertainty. And wisely seeks to structure partnership, shareholding and operating agreements to minimize it. In a world that is changing rapidly with the continued introduction of artificial intelligence and other technological innovations, combining the current economic outlook, businesses are facing exciting factors, and uncertainties, in the future. One business […]

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Patrick J. Kelly: Puzzle Pieces

In 1925, President Calvin Coolidge declared, “The chief business of the American people is business,” capturing the nation’s strong pro-business spirit. But a marker for the cultural shift toward Corporate America was placed in 1924 at 40 West 40th Street, with the opening of the American Radiator Building in Manhattan. With its bold design, drawing on the imagery of coal and fire, and serving as a corporate showroom, it was a distinctive symbol of America’s growing economy. While most skyscrapers were covered in stone, the Radiator Building towered with its black brick facade and a sleek polished black granite base, […]

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William “Bill” C. Davell: Why Should My Company “Outsource” A General Counsel?

The Good News provides a monthly column with important content having to do with topics from the legal community. This month Bill Davell, director, discusses outsourcing a general counsel with Matthew Zifrony, a director with Tripp Scott who practices in the areas of entrepreneurial business, commercial real estate, and condominium and HOA. Bill Davell: What is the role of a general counsel and why does my company need one? Matthew Zifrony: You could think of a general counsel in the same way you view your primary care physician: she or he has responsibility for and oversees all aspects of your […]

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Patrick J. Kelly: Top 10 Investment Principles

Over the past year, we’ve shared investing ideas we believe are key to achieving long-term success. For convenience, we’ve distilled those past articles into 10 Investment Principles. Hopefully, these will prove helpful in some small way:   The Stock Market: A place where money moves from the impatient to the patient.   MAINTAIN DISCIPLINE. The single most important attribute for investment success is maintaining a consistent strategy. Invest within areas of competence. Think independently. Understand economic and business cycles, as well as the direction of interest rates. BET ON AMERICA: The world’s largest, most innovative, most transparent and most law-centric […]

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William “Bill” C. Davell: Going to Court in Florida: What to Expect

The Good News provides a monthly column with important content having to do with topics from the legal community. This month Bill Davell, director, discusses court with Lexy Semino, an attorney with Tripp Scott. ————————————————————————————————–   What comes to mind when you think of a day in court? For some, it is a favorite legal drama television show or movie. For others it is the anticipation of long waits, never-ending forms to fill out, and the uncertainty of an outcome. A person’s reason for having to go to court can range from a parking ticket to a serious criminal accusation […]

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Patrick J. Kelly: Risk

According to Sikorsky, the UH-60 Black Hawk is a four-blade, twin-engine medium-lift utility helicopter. Its development began in the 1960s when the U.S. Army recognized the need for a more capable helicopter following experiences in Vietnam. It was officially introduced into service in 1979.  The Black Hawk is known for its robust design, featuring dual engines, advanced avionics, and a spacious cabin that can carry up to 20 personnel or significant cargo. It can achieve speeds of over 200 mph. The helicopter’s design enables troop transport, medical evacuation and special operations. The Black Hawk has accumulated millions of flight hours […]

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Patrick J. Kelly: Where Are Our Yachts?

Fred Schwed Jr. was a professional trader who saw his investments crash in 1929. He shifted his focus to writing, creating his classic satirical book Where Are the Customers’ Yachts? The story follows a visitor to New York that admires the yachts owned by wealthy individuals working on Wall Street, who made their fortunes giving financial advice, while wondering why their customers didn’t own yachts too. The tale suggests there’s a lot more money to be made by giving financial advice than by following it. Wall Street has a long history of hiding, complicating and obscuring fees. A study for […]

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American Free Enterprise: A Beacon of Innovation and Freedom

At Palm Beach Atlantic University (PBA), we believe in empowering students to unlock their future. That is why we’re especially excited about the opening of PBA’s Marshall and Vera Lea Business Hall—because it will inspire countless students, leaders and community members to innovate, collaborate and learn how to better serve their communities. In this article, Dr. Brian Strow shares how American free enterprise not only enables these actions—but also promotes human flourishing and creativity: In 2026, we mark the 250th anniversary of two landmark works that shaped the modern world: An Inquiry into the Nature and Causes of the Wealth […]

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William “Bill” C. Davell: Taxing Matters: “Escape from New York” May Be Harder than You Think

The Good News provides a monthly column with important content having to do with topics from the legal community. This month Bill Davell, director, discusses taxes with Zachary King, an associate with Tripp Scott. As the New York Post puts it, “There’s seemingly no escape from New York – the New York tax man, that is.”  The tabloid maintains that the state is being “extremely aggressive” in pursuing revenue from people claiming residency in Florida, which of course has no income tax – a phenomenon observed by the Tax Planning team at Tripp Scott.  And no wonder. New York’s and […]

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Patrick J. Kelly: Treasure Hunt

If you were the devil, what would you do to keep people from God? Our AI model gave us this answer: If I were to embody the devil, I would seek to distract people; employing a variety of strategies that play on human weaknesses and desires such as: Manipulating desires and fears. This could involve promoting materialism; encouraging a relentless pursuit of wealth and possessions leading individuals to focus on superficial goals, neglecting deeper relationships and growth; Instilling fear; creating a sense of fear or anxiety about the future at the expense of enjoying the present. This might involve spreading […]

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