Fraudulent conveyance refers to the illegal transfer of assets from one party to another with the intention of depriving creditors of their legitimate claims. A transfer of assets can be made in various forms, such as gifts, sales or other arrangements that may not...
Quality Should Be Your First Consideration
Houston Business & Commercial Legal Blog
Ways you need to restrict a non-compete agreement
As a small business owner, you may want to protect your business with a non-compete agreement. Essentially, you’re just trying to use this contract to protect your intellectual property. You need to train your employees and show them how to work at the business, and...
When might you need an Aircraft Mechanic Lien in Texas?
In any business wherein you provide a service to another business or person, you expect to be paid for your labor and expenses. Fighting for payment from someone who refuses to pay, or says they cannot afford to pay you, is a hassle and has the potential to destroy...
Is your partner defrauding the company?
When first launching your company, you believed that you could take the world on your own. Although your business was successful, it soon became apparent that you would need some support. You decided to take on a team of staff and a business partner. You chose a...
2 ways you may experience supplier fraud
Suppliers play an integral role in the operations of businesses as they provide the products and services needed to run. Thus, business owners strive to have positive relationships with them for smooth operations. However, a supplier may commit some unlawful acts to...
3 issues to be aware of when looking to lease commercial property
If you have ever researched commercial lease law, you probably uncovered many sources telling you what to do when entering an agreement. Unfortunately, it is not so easy to find information about things to steer clear of in a commercial lease contract or situation....
What should go into a partnership agreement?
Making a partnership agreement is a very good idea if you’re starting a business with someone else. There’s no guarantee that things are going to go smoothly. If you decide to end the working relationship, the partnership agreement can help you understand how to do...
Understanding specific performance for settling a breach of contract
When a breach of contract occurs, the most common remedy is monetary damages. You may not realize that there could be other remedies for this situation. However, the options depend on the nature of the contract in question. In some situations, money will not provide...
When do businesses need contracts?
Contracts help businesses work successfully with different parties. These agreements have clear terms that are intended to protect both parties. A business contract should have essential clauses to achieve this goal. You need contracts in several situations. This is...
Do you need a reason to fire an employee?
As the owner of a company, you realize that you need to downsize in order for the company to remain profitable. You tell some of your employees that they’re going to be let go. They’re naturally not happy with this decision, but you feel that you have to do what’s...
