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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]