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Deans Stepp Law
 214-572-1957
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    • Gregory L. Deans
    • Katherine H. Stepp
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Business Litigation

How can I avoid piercing the corporate veil?

On Behalf of Deans Stepp Law | Nov 21, 2024 | Business Litigation

For business owners, one of the reasons you chose to create a corporation was to protect yourself from personal liability. One of the key ways to do this is by preventing any grounds for a “piercing the corporate veil” claim. This legal action can hold you personally...

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Getting to the heart of the matter in breach of fiduciary claims

On Behalf of Deans Stepp Law | Nov 8, 2024 | Business Litigation

For businesses in Texas, the ultimate goal is pretty much universal: profitability. Anything that impacts a company’s ability to earn and continue earning profits could be viewed as a threat to the long-term sustainability of the company. So, when the issue is...

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What happens if I cannot pay the business loan back?

On Behalf of Deans Stepp Law | Jul 31, 2024 | Business Litigation

For those in lending or for those who take loans, the issue of a distressed loan could become important. A distressed loan dispute is a complex issue that arises when a borrower defaults on a loan, leading to a higher risk scenario for the lender and borrower. What is...

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A prudent business manages litigation costs and risks

On Behalf of Deans Stepp Law | Jun 6, 2024 | Business Litigation

Many growing and mid-sized businesses in the Dallas area will at some point get involved in a legal dispute. Ultimately, running a successful business is about turning a profit -- that is, bringing in more income than the cost of running the business. Practically,...

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Can a Texas business sue a Yelper?

On Behalf of Deans Stepp Law | May 9, 2024 | Business Litigation

In the digital age, online reviews have become a significant factor in shaping the reputation of businesses. However, negative reviews can sometimes be a source of concern for businesses as they can negatively impact sales and profits. This brings us to the question:...

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How does a principal breach their fiduciary duty?

On Behalf of Deans Stepp Law | May 2, 2024 | Business Litigation

Fiduciary duty stands as a cornerstone legal obligation. It demands that those in positions of trust, such as business principals, prioritize the company’s welfare and its shareholders’ interests above all else. In Texas, breaching this duty carries substantial legal...

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If a CEO makes a mistake, do we sue the CEO or the company?

On Behalf of Deans Stepp Law | Apr 8, 2024 | Business Litigation

In Texas, when a CEO or c-suite executive makes a misstep that impacts another business, determining the appropriate legal recourse involves careful consideration of various factors. The affected party might contemplate suing the individual executive, tapping into the...

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Can a Texas business owner destroy their own limited liability?

On Behalf of Deans Stepp Law | Jan 11, 2024 | Business Litigation

Limited liability is one of the main benefits of forming a business entity, such as a corporation, limited liability company or limited partnership. It means that the owners of the entity are not personally liable for the debts and obligations of the business, unless...

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What is a distressed loan?

On Behalf of Deans Stepp Law | Jan 3, 2024 | Business Litigation

If you run a business, there may be circumstances that make it impossible for you to repay a loan. These are often not within your control and can be devastating to your business. Loan repayment There are many reasons you may have financial difficulties. These include...

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The impact of defamation and disparagement on a business

On Behalf of Deans Stepp Law | Dec 8, 2023 | Business Litigation

If you have a business, you know its success depends on its reputation in the community. If you or your business are the subject of defamation or business disparagement, it can deter customers. They may no longer trust the business or may decide to distance themselves...

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