Business Law

Common mistakes made by small business owners

Owner of a small business? Residents and business owners of Dallas and other nearby areas of Texas may want to be aware of some reasons that running a small business successfully takes awareness of come common obstacles. There are some similarities in why a small...

Common remedies for breaches of contract

Every contract made between an employer and an employee in Texas is legally binding. The most common remedy for breaching a contract is financial compensation. There are other types of remedies available for breaches of contracts. Compensatory damages An individual...

What does an anticipatory breach involve?

When a party to a contract fails to deliver on the terms, the party might breach an agreement. If a Texas contractor must finish a project by a specific date and fails to do so, the contractor could face a breach of contract lawsuit. What if one party promises in a...

When is a tech company ready for an IPO?

Technology entrepreneurs often find themselves involved in one of the most dynamic sectors of the economy. Tech innovators could develop the right product, program, or idea and see their Texas business performing exceptionally well. A venture may prove so successful...

Do you have rights as a shareholder?

Shareholders have certain rights in the state of Texas. When they buy shares, they're essentially buying partial ownership of a company, which means they have limited decision-making abilities. They can also sue the company in certain situations. What rights do...

Reasons business partnerships fail

It is very common for people to form a business partnership. Sometimes these partnerships pay off, but other times the partnership proves to be unsuccessful. Below are a few reasons that business partnerships in Texas may fail. Lifestyle differences Differences in...