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When you are one of a small group of owners in a closely held company, a breakdown among shareholders can threaten everything you have built. Unlike public companies where shareholders can simply sell their shares and walk away, you may have no easy exit when...
When your business negotiates a new contract, you might reach a verbal agreement on certain terms. But when the deal is finalized, you may discover that the written contract does not reflect those terms. Understanding how Texas law treats that conflict can help you...
If another party misled your company during a business transaction, it may not be immediately clear whether the facts support a fraud claim or a failed deal. You may already be weighing serious concerns about lost money, damaged operations and whether pursuing a claim...
For business owners, forming a corporation helps protect you from personal liability. A key way to preserve that protection is to avoid conduct that could support a “piercing the corporate veil” claim. This can make you personally responsible for the company’s debts,...
A commercial lease is a binding contract, and like any contract, it only works when both sides hold up their end. When one party falls short, the other may have grounds to pursue a breach claim. Tenant actions that commonly trigger a breach Most commercial lease...
Boards face high stakes when corporate litigation happens. You can face personal risk even while protecting the company. This generally occurs in specific situations. Fortunately, Texas law gives directors certain protections. Courts will review your decisions under...
At some point, your company may file lawsuits for reasons such as breach of contract, shareholder disputes, business fraud or intellectual property infringement. These disputes can escalate quickly, especially when the other party’s actions can affect revenue,...
Franchising can help a small business grow, but it also comes with legal risk. Many franchise disputes in Texas start because expectations were unclear or rules were misunderstood. When you know where problems usually begin, you can take steps to lower the chance of a...
Fraud can quickly turn a business deal into a costly and stressful situation. When one party lies or conceals key information, the other can lose money, opportunities, or even their reputation. In Texas, fraud claims play a major role in business litigation and can...
Artificial intelligence (AI) has revolutionized the way businesses operate, offering speed and efficiency in various areas. However, with these benefits come several risks. Understanding and addressing these risks is essential for companies that want to make the most...