In the course of starting and running a company in Houston, Texas, an entrepreneur may encounter dozens of legal issues that require at least a rudimentary familiarity with business law. Filing forms and applications, getting an employer identification number and...
Contract Disputes
What elements should you include in a shareholder agreement?
As we have previously discussed, shareholders are the people who own a business. Companies in Texas, and elsewhere, may have one shareholder or multiple. At The , we know that disputes may arise when there is more than one shareholder,...
Breach of contract lawsuit settled against former Texas coach
Employment contracts in Texas, and elsewhere, often include clauses, which prevent workers from leaving their jobs and going to work for a competitor. Violating non-compete clauses may result in contract disputes. For the coaches of college and professional sports...
How are business executives compensated in Texas?
Many workers in Texas, and elsewhere, are paid hourly wages, while others receive annual salaries. As an executive, however, your compensation may be structured differently. In order to make sure you are paid fairly, it is important for you to understand common...
Enforcing business contracts in the state of Texas
Companies in Texas, and elsewhere, commonly use contracts in nearly every facet of their businesses. Whether oral or written, informal or formal, both sides generally expect each other to uphold their side of these agreements. When one side, or the other, fails to...
What damages are recoverable for breach of contract in Texas?
In the course of your business, you, and other business owners throughout Texas, likely enter into all types of contracts. These may be with workers, equipment or service providers, customers and others. Should a business or person you are working with breach a...
Contract issues: Terminating business contracts in Houston
We have previously discussed avoiding contract disputes in Houston. In some cases, however, a dispute may be unavoidable and businesses may want to terminate a contract. At The , we are often asked if it is possible to end a contract before...
How can Houston business owners avoid contract disputes?
Even with the best laid plans, not all Houston businesses run smoothly all the time. At one time or another, you may face challenges that can have an adverse effect on the long-term health of your business. Contract disputes can be particularly difficult because it is...
More industries utilizing non compete agreements
Recently we have been discussing the topic of non-compete agreements. In order for such a contract to be considered enforceable by most Texas courts, it should be fair to all parties involved – namely, the employee as well as the employer. Some people may argue...
What is a breach of contract?
The term "breach of contract" is not entirely uncommon and many people may have heard of it before. However, familiarity does not mean that everyone understands its definition. Despite how straightforward the term may seem, there are actually several...
