When you launched your business venture with a trusted partner, you probably never expected that your undertaking would face a dispute that necessitated an ugly split. Unfortunately, such a business “divorce” in Texas can get messy. When this happens, it’s important to have a plan for resolving partner disputes and… Continued
Business leadership can be rewarding, but it undoubtedly has its challenging moments. In those times, senior executives and directors are expected to do their best to make the decisions they feel are right for the business. These decisions frequently have positive results. In some cases, however, they don’t, and the… Continued
If you’ve just started a business, you’re likely excited by the idea of becoming your own boss, using your talents and skills to help others, and obtaining financial success. While all of these are noble goals, it’s also important to think of what could go wrong in your business. This… Continued
Limited liability companies (LLCs) are a popular business structure because of the liability protection they provide for business owners. Starting a Texas LLC is an exciting step toward business success, but without a well-drafted operating agreement, you could be setting yourself up for future legal headaches. Here’s how to create… Continued
Collecting overdue invoices is a common challenge for businesses in Houston, Texas. Most of the time, your customers will pay for your goods or services within the agreed-upon time frame. But when someone refuses to pay, it can disrupt your cash flow and threaten the stability of your business. Unpaid… Continued
Business disputes are common in today’s competitive marketplace. Unfortunately, the behavior of other parties, including business partners and former employees, can bring permanent harm to a business. You may need to request an injunction to protect the company when this happens. An injunction is a court order prohibiting another party… Continued
One of the most stressful aspects of running a business is the risk of getting involved in a dispute that leads to litigation. Litigation takes time away from key business operations and can also result in financial losses. The direct costs of business litigation tend to be significant, and there… Continued
Whether you’re a startup venture or a seasoned company, carefully maintaining your brand, keeping patents safe, and otherwise protecting intellectual property (IP) is essential. Often, companies think that investing in IP safety is just not as important as other business operations, but IP issues can quickly escalate and put your… Continued
No matter how frivolous a lawsuit against your company is, it can cost you significant amounts of time and money to resolve the problem. Fortunately, insurance coverage can help you avoid some of the worst consequences of litigation, allowing you to continue providing the products and services for which your… Continued
If you are a business owner or manager, you know how important contracts are. Their terms dictate the rules that parties must follow when doing business with one another. Entering into a bad contract can do much damage to a business, which makes it essential for businesses to ensure they… Continued