When your Texas business finds itself embroiled in some type of business-based dispute, you have options available to you in terms of how to resolve it. The type of business dispute resolution that is right for you may depend on certain variables, such as the degree of contentiousness that exists between parties and whether you …
Can you avoid going to court?
As a business owner, you likely understand that your lies with other people serve as the bed of soil in which your company grows. It is of utmost importance to ensure that you tend to these connections carefully. Thus, one of your main concerns may be the possibility of getting entangled in litigation with business …
A business partnership agreement can help you navigate conflict
When you start a business, you and your partner may not plan for future conflicts. However, disagreements between business partners can cause significant disruption to a company. You may want to consider ways to solve problems before they arise. Business News Daily says that you could write a business partnership agreement when you first start …
What you need to know about trademark infringement
As an entrepreneur in Texas, you may find yourself in a case involving trademark infringement. This can be a scary process, and there are several things you need to know about trademark infringement. What is trademark infringement? Trademark infringement refers to the unfavorable use of a business’s trademark. In other words, when an individual or …
Is a liquidated damages lawsuit unavoidable?
Business arrangements could involve several parties signing contracts. A Texas restaurant entrepreneur may sign deals with various service providers to deliver food, beverages, and other supplies. When someone breaches a contract, a business could lose money. How much money could be lost might be unknown. So, a contract may include a “liquidated damages” clause. Enforcing …
Can you prevent shareholder disputes in Texas?
Shareholders have a significant investment in seeing their companies succeed. As a result, some shareholders become very passionate about the direction a company is taking. When you’re working with many shareholders, it’s rare for all the shareholders to be on the same page. Some business litigation professionals will tell you that shareholder disputes are unavoidable. …
Understanding contract rescission
Contract rescission may be rare, but it’s something that everyone in Texas should understand. Contracts may be rescinded, or voided, by a court when they’re determined to be invalid. A contract must meet certain standards in order to be valid. When it doesn’t reach them, a court can release parties from their responsibilities and even …
Remedies for breach of contract
Business litigation in Texas often involves issues surrounding a breach of contract. If you are a business owner or other type of principal, you are highly likely to experience a breach of contract at some juncture in time. With this in mind, you may wonder what steps can be taken following a breach of contract. …
The return of the hostile takeover
Hostile takeovers reached something of a zenith during the 1980s. According to Harvard University School of Law, there were no less than 160 hostile takeover bids in the United States in 1988 alone. As we edge further into the 21st century, we are seeing an uptick in the number of hostile takeover bids in the …
Top reasons business partnerships fail
With over 2.2 million partnerships throughout Texas and the rest of the United States, a partnership is a very popular business entity to have. However, up to 70% of business partnerships ultimately fail. This is typically due to a number of different factors that you can take a look at below. Mixing personal relationships One …