Do you have a business partner (or more than one)? If so, a buy-sell agreement is vitally important. These agreements outline clear procedures for what happens if a partner dies, retires, or otherwise decides to exit the business. Here’s an in-depth look at the ins and outs of buy-sell agreements… Continued
No one starts a business with the goal of one day shutting it down. However, under certain circumstances — like if you’re retiring with no successor or your business is consistently losing money — dissolving the company may be necessary. Here’s a look at how to legally dissolve a business… Continued
Setting out on a business venture is meant to be exciting and productive. However, when business contract issues arise, everything that you have worked so hard for can be at stake. Familiarizing yourself with common contract disputes among Houston businesses and how to avoid them can help you protect your… Continued
You’ve worked hard to build your business, and you understandably don’t want to think about facing bankruptcy. However, in the world of Texas business, it’s wise to be prepared for anything. When you know how to spot the warning signs of impending bankruptcy — and what to do when you… Continued
As a business owner, you want all of your clients and customers to be satisfied — and to keep coming back. So, when you learn that you’ve been sued by a customer or client, it can be devastating on a number of levels. You might feel as though you’ve failed… Continued
As you well know, insurance is an essential cost of doing business. It protects your operations and assets from all manner of unfortunate occurrences. However, to benefit from insurance protections, you must first have the essential types of business insurance for your needs. Without the appropriate insurance, you face loss,… Continued
The world of commercial litigation is a complex (and often frustrating) one. In the business world, many serious contract disputes and other disagreements need to be resolved in the courtroom. Fortunately, not every business dispute has to result in litigation — there are several alternative dispute resolution options you may… Continued
Business litigation doesn’t happen overnight. It takes many steps to complete; often, one of those steps is a deposition, which is a meeting before a trial. Just like you would in a courtroom, you swear to tell the truth. Then, your attorney and the other party’s attorney have the opportunity… Continued
Commercial litigation is rarely a simple process, but some cases are much more complicated than others. Complex commercial litigation is essentially business litigation that comes with significant complicating factors. That often means it involves very large transactions, contracts with several parties involved, or very intricate concepts that can be hard… Continued
Protecting trade secrets is a bit more difficult than protecting your business’s patents and copyrights — after all, trade secrets are, by definition, secret. While you can identify and document your trade secrets within your organization, you can’t publicly outline them like you would in a patent. Instead, you must… Continued