Starting a business is challenging. Watching a business struggle or even fail due to your partner’s negligence is an order of magnitude more challenging, not to mention emotional. If you’ve been unable to resolve the issue through direct communication, it may be time...
Businesses are operated by humans, and disputes will occur as interpersonal relationships are complicated. When operations aren't going well between you and your business partner in Texas, you may start thinking about legal action. Instead of going to court, think...
Doing business in the state of Texas can expose you to the occasional round of litigation. However, one of the most contentious topics that can reach the ears of the court is that of trade secret disputes. If you think that someone is stealing your secret formula or...
Many businesses in Texas face contractual issues from time to time, and knowing how to resolve them is important for all business managers. Settling business disputes does not necessarily require a lawsuit. While there are cases that must be litigated, many others can...
You may have heard of commercial litigation and think that your business is too small to face a serious lawsuit. However, it's important to know about the legal issues that could involve your business. Copyright infringement This is one of the reasons that the...
"Fiduciary duty" refers to the obligation one party has to act in another's interest. As examples, a trustee has a fiduciary duty to beneficiaries, and an attorney has a fiduciary duty to clients. In Texas and elsewhere, the fiduciary must also have no conflict of...
Yes, there are director actions you can limit right in your Texas formation certificate for your corporation. However, there are also actions that you simply cannot exculpate. As reported by Baylor University School of Law, Texas' Business Organizations Code holds...
Some companies in the state of Texas are guilty of employing unethical business practices in order to manipulate consumers into buying their products or services. According to the Federal Trade Commission Act, these actions can be classified as either deceptive or...
Stolen property is typically an obvious crime to identify. However, intellectual property can be a bit more complicated to recognize and enforce in Texas. According to Cornell Law School, intellectual property encompasses the intangible products of the human...
Many companies in Texas rely upon external sources to provide counsel and help grow their business. These people, called fiduciaries, have a duty to the company to act in its best interests and assist in its success as much as possible. According to Cornell Law...
