Business disputes may arise from conflicts involving contract terms. However, they might only be as valid as the existing contract. It should meet specific conditions to become enforceable, which usually varies depending on state law. In Texas, a valid contract can be...
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How do shareholder derivative suits address disputes?
Shareholders have unique and vital roles in a corporation, considering their investments allows the business to operate and flourish. Depending on their shares, they can influence the company's direction by exercising their rights appropriately. These obligations can...
How can a partnership agreement address disputes?
Establishing a partnership is a viable option to grow your business. Aside from bringing in another party to contribute, it can also introduce valuable resources and expertise that can be beneficial over time. Still, these arrangements are not immune to conflicts,...
Have you considered business mediation?
Texas business owners know that sometimes disputes are inevitable. You may find yourself in a dispute with a business partner, a supplier, an employee or a client. A business dispute can cost you quite a bit. You run the risk of losing money, time and your good...
When should you enter an NDA as a business?
Entering into confidentiality agreements is a common practice in the business world. However, companies are not required to enter into one. Whether a company needs to sign a nondisclosure agreement (NDA) depends on its goals and priorities. When you have trade secrets...
Three tips to mitigate the risk of business disputes
Business owners must balance the ingenuity that comes with a new business idea with the more mundane tasks that help keep a business running. Finding this balance is no easy task and often requires reaching out to other individuals. This can include partners,...
Potential methods for resolving business disputes
When a business is facing a legal challenge involving another person or party, it can result in significant complications and financial loss. A dispute is more than just an inconvenience, and Texas business owners will want to do everything possible to minimize loss,...
Protecting yourself when involved in a partnership dispute
As a business owner, you worked diligently to build your company from the ground up, and you understand the sacrifice it takes to simply reach a level of success and profitability. If you took this journey alongside a business partner, you are probably familiar with...
Cookie companies in a dispute over alleged theft of trade secrets
Intellectual property is some of the most valuable owned by a business, and these intangible assets are worth protecting as much as possible. Crumbl Cookie, a business dedicated to making specialty cookies at different locations across the country, has sued two other...
Fighting for the ideal outcome after a breach of contract
One of the most important tools available to a Texas business is a contract. These legally enforceable agreements can establish and outline the terms of a relationship between a company and clients, employees, third parties and others. They can also include terms that...