Understanding Anticipatory Contract Breaches
Know Your Rights: Understanding Anticipatory Contract Breaches When one party to a contract fails to live up to its end of the bargain, this is called a breach. There are different types of contract breaches [...]
Challenging a Bankruptcy Discharge
How do You Challenge a Debtor's Right to Discharge in Bankruptcy? A commercial bankruptcy proceeding often has a significant impact on the rights of creditors. In a Chapter 7 filing, for example, the debtor business [...]
SEC’s New Definition of Smaller Reporting Companies
In June of 2018, the Securities and Exchange Commission (SEC) adopted amendments that would raise the dollar threshold of smaller reporting companies (SRCs). In effect, this change expands the number of businesses that are eligible [...]
Changing State of Incorporation
When companies do business in Texas, they are required to register with the state government. This means filling out the correct paperwork, paying business taxes, etc. Of course, companies do not have to be incorporated [...]
What is a Fractional Real Estate Investment?
What is a Fractional Real Estate Investment? Fractional ownership is a method by which investors are able to join together to purchase shares in a real estate property. This type of investment/ownership structure is especially [...]
Understanding Successor Liability in Texas
Understanding Successor Liability in Texas As a general matter, companies that acquire the assets of another company are not liable for the seller company’s debts. However, there are many different exceptions to this rule. Through [...]
Indemnity Clauses Are Contract Essentials
Back to the Basics: How Important is the Indemnification Clause in Your Business Contracts? Indemnity clauses play an integral role in mitigating risks related to commercial transactions by insuring the business against direct acts, contractual [...]
Tips for Selling Your Business
The decision to sell a business usually comes after a long period of deliberation. Sometimes, it’s a case of owner-burnout, where running the enterprise no longer brings satisfaction. In other cases, it may not be [...]