When you go into business with a partner, you may end up getting far more than you initially bargained for. Partnership agreements bind you to someone else. For better or worse, you will reap the benefits and bear the consequences of their actions. What someone else does can affect you both personally and professionally. There are some cases in which you may need to sue a partner for wrongful actions. The special nature of a partnership adds an extra degree of potential complication to these lawsuits.

A contract is a critical document that governs your relationship with a vendor. If any mistakes or important clauses are missing in the contract, you may end up paying a price for it. Therefore, it is crucial you obtain professional help before you negotiate and agree to any deal. This investment may save you both […]

Starting a business is incredibly exciting, but many first-time business owners don’t anticipate the myriad of responsibilities involved with setting up, running, and maintaining a business. The day-to-day aspects of business operations can involve lots of moving parts, which can lead to stress and sometimes confusion among the owners of a business. When partners form […]

Franchise agreements can lead to beneficial and profitable relationships for the parties on both sides of those agreements. However, there are cases when a franchise relationship can lead to disagreements between the two parties. Disagreements do not have to become contentious lawsuits. They can be avoided in the first place or resolved before they become […]

Partnership disputes can be among the most difficult types of business disagreements to resolve because they impact people’s finances and ability to earn a living. The situation can be even more fraught with landmines when you are a minority shareholder since the majority shareholder has more power than you. However, you do have legal rights […]

When doing business in Texas, you will inevitably run into some form of contract, either written or verbal, that will create a business relationship with another party. Contracts are meant to put into detail what is legally expected of each party in regards to goods, services, or other concerns. If either party fails to uphold […]

When a business owner enters into a formal or informal agreement that will benefit their company, they do not usually expect an outside party to interfere with that relationship. Business owners depend on relationships and contracts with insurers, lenders, vendors, distributors, and contractors to successfully run their businesses. If a third party interferes with a […]

Business litigation encompasses defending or resolving legal disputes between companies and other parties. In many instances, it is used to describe defending companies accused of misconduct or being sued for a variety of reasons. A business litigation lawyer is a legal professional who is able to manage both minor and significant legal concerns, including lawsuits, […]

The coronavirus pandemic has drastically affected businesses and the daily lives of people across the nation. As businesses begin to slowly reopen their doors, many have looked to the Paycheck Protection Program (PPP) under the CARES Act to assist them in paying their employees. The federal relief program has not been without controversy, and now […]

In any business venture, contracts are essential to keeping and maintaining partnerships. Keeping the ins-and-outs of what each person’s responsibilities include can help to preserve expectations and keep morale high among those involved. Within the esports industry, however, contracts and agreements have remained contentious. In a previous blog, we had detailed how the esports industry […]