Small and medium-sized enterprises (SMEs) play a crucial role in the economy. They drive innovation and create jobs in the market. However, as SMEs engage in various business transactions, there are times when facing disputes are unavoidable. This is where the...
It can be exciting to buy or sell a business, but there are also important steps to keep in mind to ensure the process is completed correctly. Buying and selling Before buying a business, it is helpful to research the market to understand how many customers the...
It can be tempting for the owner or would-be owner of a business in the Beaumont area only to call an attorney at certain critical points in the business’s life. This is understandable. For one, Southeast Texas businesses of all sizes need to be mindful of expenses....
Regardless of the case, litigation can become contentious and complicated quickly. And, when this happens, a judge may use a special master to help resolve difficult or complicated cases. What is a special master? A special master is a person appointed by a court to...
Starting a business can be both an exciting and scary process. New businesses often require significant financial investments, extensive planning and lots of hard work. When starting a business, among the questions is what type of business entity an owner intends to...
When you begin any business dealing, you must have the contract basics in place: an offer and agreement between the two parties, and an exchange between these two sides, where both parties give something up and both gain something (a “bargained for exchange”). But,...
Most businesses would be thrilled to obtain a government contract. These can represent a reliable income stream for the life of the contract. However, government contracts frequently contain a “termination for convenience” clause which, when exercised, can suddenly...
Many residents of the Beaumont area might use the phrase “due diligence” to refer to a person’s just checking on a project or job even if there is no reason to believe there is a problem with it. The phrase grew in popularity in the business world when the United...
Contracts form the backbone of many business dealings in Beaumont and are an essential part of our economy. Businesses rely on each other to follow through on these agreements but that does not always happen. Sometimes a contract is breached. The breach can be either...
Contracts form the backbone of many business dealings in Texas. Unfortunately, sometimes one party to the agreement will not follow through on their obligations leading to a contract dispute that leaves the nonbreaching party in a tight financial bind that affects...