| Read Time: 3 minutes | Business Law

Do You Need an EIN for Your Business in Texas?

The short answer as to whether you need an EIN number for a business in Texas is: Probably. Most businesses are required to acquire an employer identification number (EIN), and getting one is relatively simple. However, the benefits and requirements of an EIN depend on the type of business you own, which can be more complex.  In this article,...

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| Read Time: 3 minutes | Business Law

What to Expect When Your Business Dispute Goes To Court in Texas

When two parties cannot resolve a business dispute through negotiation or mediation, the case may end up in court. A business disputes lawyer can help you understand what to expect after a lawsuit is filed and evaluate whether it’s the best course of action for your particular case.  In this article, the Texas business lawyers at Massingill go over...

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| Read Time: 4 minutes | Business Law

Understanding Business Mergers and Acquisitions in Texas

Mergers and acquisitions can be excellent ways for businesses to expand their markets. They are also great options for business owners who wish to move on to reap the rewards of all their hard work. Mergers and acquisitions are for more than just mega-corporations. Small and medium-sized businesses can benefit from combining as well. The benefits of a merger...

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| Read Time: 3 minutes | Business Law

Are Verbal Contracts Enforceable in Texas?

In a litigious world, best practice is to secure a written contract for agreements whenever possible. This avoids relying on “he said, she said” testimony. But sometimes this is not possible. Are verbal contracts binding? Verbal contracts are legally binding and enforceable if they meet certain requirements. If the verbal contract is otherwise valid, it is enforceable. The contract...

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| Read Time: 4 minutes | Business Law

What Is the Process of a Business Litigation Lawsuit in Texas?

Business 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,...

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| Read Time: 4 minutes | Business Law

What Are Shareholder Disputes and How to Resolve Them in Texas

Attracting stakeholders can be a great way to quickly and effectively grow a business and meet an uncaptured demand. But having multiple shareholders involved also causes numerous complications. Chief among them is when shareholder disputes arise. With multiple people relying on the successful operations of the business, clashes of personality and differing views about how the company should move...

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| Read Time: 4 minutes | Business Law

What Is the Difference Between a Corporate Lawyer and a Business Lawyer?

For a layperson or a small business owner, sometimes it is difficult to tell the difference between a business lawyer and a corporate lawyer. Both sound like they know what happens behind the boardroom doors. But like everything in law, there is usually a reason for specific terminology. If you are struggling to understand whether your situation calls for...

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| Read Time: 4 minutes | Business Law

What Are the Steps to Registering a Trademark in Texas?

When you start your business, the name, slogan, and other identifying features you come up with help set your company apart from the competition. If you want to protect yourself and your investment, it is important to consider registering your trademarks in Texas and with the federal government.  Because the trademark registration process can be complicated, you should consider...

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| Read Time: 4 minutes | Business Law

How To Remove a Member From an LLC in Texas

People form businesses together with the best of intentions. Entrepreneurs share a vision and work together to realize it. In many cases, they create a limited liability company (LLC) to maximize tax benefits and minimize business formalities. Unfortunately, the business world is not all sunshine and harmony. When conflict arises, many companies find themselves asking how to remove a...

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| Read Time: 3 minutes | Business Law

What Are the Four Elements of a Breach of Contract Claim in Texas?

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...

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