Whether it is a small one-person operation or a large public corporation, the people who own a business are known as the shareholders. The Houston Chronicle points out that shareholders are both directly and indirectly involved in their company’s operations....
Houston Business & Commercial Law Blog
What is a fiduciary duty?
There are some business relationships in Texas, and elsewhere, which may impose legal requirements of care and loyalty. These requirements may be referred to as a fiduciary duty. According to the Cornell University Law School’s Legal Information Institute, a...
Enforcing non-compete agreements in Texas
As a previous post has discussed, non-compete agreements are a contract clause that Texas employers may use to prohibit workers from working for their competitors after leaving their employment. Sometimes, however, issues may arise when employers seek to enforce such...
Elements to include in your Texas commercial lease
Like other Texas business owners, you may need to rent a commercial space to run your business out of. When you find a building or space that fits your needs, you will likely sign a lease agreement with a landlord. Here at The , we know...
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...
What elements should you include in your partnership agreement?
As was discussed in a previous post, disputes sometimes arise between business partners in Texas, and elsewhere. Perhaps one of the easiest ways for you to prevent these types of issues from affecting your business is to establish a solid partnership agreement. In...
How can severance agreements help avoid employment litigation?
As an employer in Texas, or elsewhere, you may deem it necessary at some point to terminate a worker’s employment. Depending on the circumstances, however, this may prove difficult, and could result in costly litigation. In order to avoid a drawn out legal...
How can you defend against a breach of contract claim?
As we have discussed in a previous post, breach of contract occurs when you, or another party, breaks a contract, or fails to fulfil any of the contract’s terms. At The , we are often asked what to do if you have been accused of...
An overview of mechanic’s liens in the state of Texas
In the state of Texas, subcontractors, suppliers and others may have legal claims against property that they helped remodel or improve. These claims, or mechanic’s liens, allow certain workers to come after people, and their property, if they are not paid for...
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...
