When a business dispute arises between partners, it’s often the result of insufficient discussion from the onset. Before you go into business with someone, it’s important to get on the same page about all of the implications of the business relationship – now and in...
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Business Law
What are the legal implications of a breach of contract?
A business contract forms the foundation upon which business owners rely when running operations. Ensuring that the contract is enforceable and has the key elements that are relevant to the functioning of the business helps to protect the business in the event of a...
3 things to include in your partnership agreement
When you start a business on your own, you could face many more hurdles that you may not have to worry about if you instead worked with a partner. If you have a partner, you can solve potentially complex business problems and split all important duties, halving your...
Partnership disputes: The end of a beautiful thing
While people rarely enter a business opportunity with the hopes of failing, a significant number of ventures fall apart in dramatic fashion. Even though the reasons for a business divorce are myriad, many can be traced back to partnership disputes that grew in scope...
Do you need your employee to sign a non-compete?
As an employer, you know that employees don't always stay with one company for their entire career. Thus, you want to be sure that you protect valuable, confidential information about your company if and when certain employees move on. A non-compete agreement can be a...
Challenges of international business disputes
Texas companies are increasingly participating in the global economy for a variety of benefits. International trade opens the possibility to share technology, locate top talent and access new markets. When a problem arises, however, this resource can create hurdles...
My commercial landlord is withholding my security deposit. What can I do?
When you signed the lease agreement to rent a space for your business to operate, you likely had to pay a month, two months or even more of advance rent as a security deposit. The understanding was that your landlord would return that deposit to you at the end of your...
What constitutes “breach of contract”?
If you own or operate a business, you know that disputes are inevitable. Breach of contract is one of the most common disputes businesses face. But, does every deviation from a contract rise to the level of a breach? In today’s post, we take a closer look. 4 Elements...
Thinking of taking your business public? Consider these factors
Whether you wish to enter the New York Stock Exchange or some other market, the decision of whether to “go public” is an important one for any business owner. The investment capital that comes with an initial public offering (IPO) can take your business to new...
Preventing business disputes before they arise
Business owners face any number of major decisions at the start of a new venture. Selecting a business structure, focusing on a location, hiring employees and launching a product or service are important factors in a new business, but each could bring about disputes...
