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Readers of this blog know that we often post about business litigation topics. One such topic that we have posted about in the past is receivership. Indeed, in a recent post, we explained how receivership can cost Plano, Texas, business owners their businesses, even...
Running an LLC may have been a profitable endeavor for you, but now you are considering the dissolution of your company in favor of new business opportunities. However, you also know your business still owes money to other companies, which may complicate your plans....
Mergers and acquisitions might sound like concepts from the world of multinational corporations. In fact, there are many small businesses in Texas that have used these tools to expand and modify their operations. One potential use of a merger is to acquire another...
Forming a new business organization is just the first legal step in launching a profitable enterprise in Plano or the greater Dallas-Fort Worth area. Taking the first steps in organizing a business no doubt will require attention to important legal details, but even...
Regardless of your company's size, it is crucial to handle legal disputes carefully. Some types of litigation, such as those involving discrimination and sexual harassment, can prove especially challenging. Employment litigation can surface for a variety of reasons,...
All business owners enter contracts with the idea that both sides will benefit. You have done your research, negotiated in good faith and you expect the other side to live up to the deal. And, in a perfect world, that is exactly what happens every time. Unfortunately,...
As a Texas business owner, you know how important it is to protect your business. When determining the best way to go about this, you may want to consider placing your business assets in a trust. Benefits of a trust Placing your business assets into a trust can both...
Most Texas businesses have one or more employees who have been or are critical to the success of the business. A talented salesman is one example of such an employee; a skilled engineer or designer is another. The departure of any of these employees could easily...
The inflation rate has been high recently. Most of us are still struggling with high consumer prices and a challenging economy. Times like these can make it difficult for business owners to effectively negotiate contracts with both current and potential clients. Don’t...
When business owners face litigation, it obviously causes concern. The first thought is usually “How much is this going to cost me?” That is a very important question, but the stakes could be even higher than money. Some business owners must worry about losing their...
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