As 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 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...
Continue ReadingThe 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,...
Continue ReadingWhen 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...
Continue ReadingMergers 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...
Continue ReadingAttracting 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...
Continue ReadingFor 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...
Continue ReadingPeople 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...
Continue Reading