Few legal tools are more wisely used in business negotiations than contracts. Contracts are often the backbone of business arrangements, navigating everything from employee arrangements to the distribution of goods to leases for commercial property. A simple...
As a Houston business owner, understanding the value of solid business contracts is a vital skill that can safeguard your interests and foster strong partnerships. A well-drafted agreement is not just a legal necessity; it's a strategic tool that can prevent disputes...
As the popularity of cryptocurrency continues to surge, regulatory bodies such as the Texas State Securities Board (TSSB) and the U.S. Securities and Exchange Commission (SEC) have stepped up in their efforts to ensure investor protection and maintain market...
What is a suit on sworn account? A suit on a sworn account is effective in cases where one party is owed money on an account. It is typically seen in an open account or other claim for goods including any claim for a liquidated money demand based upon written contract...
What is a Limited Liability Company (LLC)? A limited liability company is a type of business structure. Although the focus of the LLC is to protect personal assets, there are also more benefits. There are different types of LLCs to choose from to best suit the needs...
What is Intellectual Property (IP)? Intellectual property refers to creations of the mind, including patents, trademarks, copyrights, and trade secrets. Although your business may be physical property, IP issues most likely play a role in your fundamental business...
A non-compete agreement is a contract between an employee and their employer that forbids the employee from working in the same or similar field of another entity. The intention is to protect confidential information from being solicited to competitors. How do you...
A demand letter is a formal notice often written by an attorney on behalf of a client demanding that the person or business cease or take action in effort to resolve the dispute before going to court. The purpose of a demand letter is to seek resolution and/or begin a...
Are you wondering what type of business arrangement is best for you? A joint venture agreement is a "partnership" of two or more individuals or companies with the intention of making profit. The goal is for every “partner” in the agreement to contribute assets,...
You should be aware that formation of an LLC may affect your future tax obligations. You should carefully review all the tax aspects of your entity with your accountant, paying special attention to the issue of whether to elect Subchapter S status. Sub-Chapter S...
