When someone fails to comply with the terms of a contract, you may have grounds to file a breach of contract claim. These types of lawsuits are common in business litigation. There are four elements of a breach of contract claim: a valid contract, performance, breach, and damages. In this blog, we define each element of breach of contract...
Continue ReadingOne of the first steps in opening a new business is giving it a name. You will want to choose a catchy, recognizable name that distinguishes your company from the competition. In Texas, the name must also be unique. Fortunately, it is easy to quickly check if your new business’s name is available in Texas. If you have questions,...
Continue ReadingBeing a business owner is a great experience. The pride of watching a company grow is second to none, and being a part of that process is amazing. But sometimes, even the strongest businesses can run into problems. What happens when you are not the controlling owner of a company? Do you have any rights, or are you at...
Continue ReadingSelling a business can be an exciting yet bittersweet experience. After years of hard work and dedication, selling represents an opportunity to cash in and move on. It can also symbolize stepping away from something you love and starting a new chapter in your life. Beyond the emotional aspects, selling a business is also a demanding task in and...
Continue ReadingA good entrepreneur knows not only when to jump into a new business venture, but when to shut one down. A business owner might want to end things to pursue new opportunities or avoid legal and financial woes. Whatever the reason, owners of limited liability companies (LLCs) need to follow certain protocols before they can officially and properly dissolve...
Continue ReadingAs a Texas business owner in Texas, there is a chance someone may have disparaged your business on a popular website or social media, possibly giving rise to a business disparagement claim in Texas. If this hasn’t happened to you yet, it may very well be something you face in the future. But what exactly is business disparagement in...
Continue ReadingFacing a legal dispute is a significant hurdle for businesses of any size to overcome. Resolving the issue costs time and money that most companies would rather spend elsewhere. The dispute can distract employees and detract from a business’s core mission. To make matters worse, there is often a risk that the dispute will not be resolved in the...
Continue ReadingBusiness litigation can be a costly and time-consuming process for any company. The controversies at issue can represent an existential threat to the business engaged in the litigation. Further, Texas business litigation law calls for specific processes that must be followed. These processes are rarely quick. Fortunately, many companies can avoid litigation through proper planning and effective governance. However,...
Continue ReadingWhen you start a new job or leave an old one, you may be presented with a non-compete agreement. What are non-compete agreements? Non-compete agreements are contracts between employers and employees that restrict an employee’s ability to work for a competitor or start a competing business for a certain period of time after leaving their current job. In Texas,...
Continue ReadingBuilding a Texas business from the ground up can be exciting, but it comes with a good deal of risk. Instead, many entrepreneurs choose to buy existing businesses. Buying an existing company can have its advantages, but when buying an existing business, it is important to have knowledgeable legal counsel help you complete your due diligence before you close...
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