Damages in Contract Disputes

Contract disputes generally occur when one party fails to deliver upon its promises in the agreement. Often businesses will seek to settle a dispute through mediation or arbitration, but if this fails litigation may be the only means of recovery of any loss. If your company is involved in a contract … [Read more...]

Business Acquisitions

Many businesses use acquisition of other entities to expand their enterprises, gain larger customer bases, or bring businesses with complementary interests under one corporation. However, business acquisitions are often very complex. For this reason it is important for any company that is … [Read more...]

Filing for Divorce during a Bankruptcy

Many marriages end because of financial problems. A married couple may find themselves in the position of needing to file bankruptcy but planning to file for divorce as well. This idea may seem to have merit, but divorce and bankruptcy are different legal matters and it can be difficult to file both … [Read more...]

Fair Credit Reporting Act

Established in 1971, the Fair Credit Reporting Act (FCRA) was created to protect the privacy and integrity of credit information and how it is handled. Given that credit information is integral to our contemporary economy, there was a need to establish guidelines that ensure the accuracy of … [Read more...]

Family-Owned Businesses

The outlook for the survival of a family-owned business after the death of an owner is not bright: more than 70% fail when transferred to the next generation. If you have a family business, it is very important that you include in your estate plan strategies for keeping the business alive and viable … [Read more...]

Division of Benefits and Retirement Accounts

Division of assets is one of most complicated aspects of a divorce. It surprises some clients that a retirement account is subject to division by the family court if at least some of it was accrued during the marriage. Because this and other areas of your divorce can be so difficult, it is in your … [Read more...]

How to Finance a Small Business

One of the most challenging aspects of starting a small business is financing. A new business requires initial capital for equipment and supplies, advertising, rental of office or warehouse space, and possibly the hiring of employees. In addition, there are certain fees that need to be paid, the … [Read more...]

Incapacity Planning

It is very important for anyone involved with estate planning to include a provision for a future situation wherein he may be rendered incapacitated. A car accident, serious illness, or fall during a hike can leave even a young person unable to make decisions for himself. Make sure to work with … [Read more...]

Life after Bankruptcy

There are many myths and misconceptions about what life is like after a bankruptcy. Many people who file experience a feeling of failure, and believe that they won’t be able to obtain any credit for years, much less a mortgage. However, many people file bankruptcy every year and bounce back in a … [Read more...]

Property Division and the Family-Owned Business in a Divorce

A family-owned business can be one of the more complicated matters to deal with in a divorce settlement. Since Texas is a community property state, assets acquired in the business during the marriage will need to be divided between the two spouses, or some other arrangement will have to be made. It … [Read more...]