bennettwest

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So far bennettwest has created 62 blog entries.

Avoiding Commercial Property Foreclosure

If you own commercial property and are facing possible foreclosure, there may be other options. You could consider recapitalization, refinance your debt, or restructure your debt. The following four tips can help you avoid commercial property foreclosure. Consider Recapitalization Generally, the original loan maturity date and interest rate stay the same in recapitalization. The loan [...]

2018-03-21T10:12:56+00:00 April 20th, 2018|Real Estate|

Employment Contracts Can Help Texas Companies

Texas is an “employment at will” or “right to work” state, meaning there’s no legal obligation for the employer and employee to have an employment contract. Employers and employees can terminate the employment relationship at any time for any reason. The exception: An employer cannot terminate an employee for an illegal reason (such as gender, [...]

2018-03-21T10:01:32+00:00 April 13th, 2018|Business Law, Employment Law|

Protect Your Intellectual Property Rights

Access to seemingly endless information at our fingertips makes it more important than ever for business owners to proactively protect their intellectual property. The type of intellectual property protection needed depends on your property. There are four types of intellectual property protection available under U.S. law: Original material has copyright protection. Musical scores, plays, books, [...]

2018-03-21T09:42:27+00:00 April 6th, 2018|Business Litigation|

Spousal Maintenance Agreements

Spousal maintenance, money paid to a former spouse after a divorce, is sometimes referred to as alimony. In Texas, when the court orders that one spouse make payments to another, this is referred to as court-ordered spousal maintenance. A spouse can ask for post-divorce support from the other during a divorce proceeding and private alimony [...]

2018-03-21T09:28:21+00:00 March 30th, 2018|Family Law|

Misrepresentation of Material Fact in Commercial Real Estate

Texas has laws about truthfully representing the facts about commercial real estate for sale. For example, sellers must supply any certificates of mold damage remediation gathered in the last five years, as well as written notice of storage tanks on the property and compliance with construction requirements. When sellers don’t truthfully represent the condition of [...]

2018-03-23T09:08:59+00:00 March 23rd, 2018|Fraud, Real Estate|

Advantages of an LLC for a Texas Business

If you’re setting up a small business or restructuring an existing entity, you might be considering forming an LLC. A Texas limited liability company (LLC) experiences a number of benefits. The main reason owners file is for the liability protection it affords, but an LLC also receives tax and other benefits. What Is an LLC? [...]

2018-03-21T09:25:10+00:00 March 16th, 2018|Business Formation, Business Law|

Breach of Warranty Claims

When a manufacturer or seller makes a guarantee about its product, consumers buy with more confidence. Some products, however, do not perform as promised. When this occurs, the Texas Deceptive Trade Practices Consumer Protection Act (DTPA) is there to protect the consumer. The DTPA protects buyers against sellers who make “false, misleading, or deceptive acts [...]

2018-03-09T15:06:58+00:00 March 9th, 2018|Business Litigation, Deceptive Trade Practices, Fraud|

What You Need to Know About Deeds of Trust in Texas

While countless Texans have borrowed money from a lender to purchase real estate, many are unaware that Texas is a “deed of trust” state. A deed of trust is the legal device for affirming the delegated responsibilities of a property. Like a mortgage, a deed of trust is executed when someone gets a loan from [...]

2018-03-09T08:38:49+00:00 February 26th, 2018|Real Estate|

Charitable Remainder Trusts

Charitable Remainder Trusts: Support for You and Your Favorite Charities Being a smart investor also includes proactive estate planning. When the time comes, we want to leave a legacy of support for our family and for our community. However, we don’t want our legacy to be unduly diminished by taxation. What Is A Charitable Remainder [...]

2018-03-09T08:46:11+00:00 February 23rd, 2018|Estate Planning, Family Law|

Are You Making These Four Business Acquisition Mistakes?

No one ever purchases a new business thinking it’s a bad deal. Entrepreneurs invest because they believe their investments will lead to profits, but that’s not always what happens. Sometimes investors never recover from mistakes made during the due diligence and closing process. A business acquisition attorney can help you avoid these common mistakes. Overestimating [...]

2018-02-26T10:42:54+00:00 February 20th, 2018|Business Formation, Business Law, Business Planning|
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