The Corporate Transparency Act (CTA) went into effect on January 1, 2024, and impacts both newly established and existing small businesses. This bipartisan piece of legislation was established as a federal anti-corruption law to counter illicit financial crimes such as money laundering, tax fraud, and financing of terrorism. This is done by forcing a broad […]
A contract represents an agreement between two or more parties. The agreement obligates the parties to adhere to the terms of the document, and those obligations carry the force of law. A breach of contract occurs when someone fails to perform as they had promised to do. Although most business contracts are in writing, courts […]
Contracts are integral to business transactions, providing a framework for parties to define their rights and obligations. However, not all contracts are enforceable, and there are certain circumstances under which a contract may be voided or rendered unenforceable under Texas law. Our Houston contract lawyers at Feldman & Feldman, PC will help you understand your […]
Business owners in Texas understand the importance of protecting their assets and mitigating risks; however, despite taking preventive measures, accidents, injuries, and disputes can still occur, leading to potential legal liabilities. Understanding general liability insurance claims and business lawsuits in Texas is crucial for business owners to navigate potential legal challenges effectively. Does business insurance […]
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. What do business lawyers do? A business litigation lawyer is a legal professional who is able to manage both minor and […]
Contracts and agreements are major components of how successful business dealings work. This is especially true for businesses that work with vendors or outsource work. When this happens, a service level agreement is typically put into place to ensure the needed service supplied by the vendor is done effectively. Knowing the right SLA to use […]
As a Texas small business owner, you need to address many legal concerns that pose significant obstacles and prevent your business from running smoothly. Our Houston business law attorneys at Feldman & Feldman, PC want to ensure you are familiar with 11 common business legal issues facing small businesses in Texas. Being aware of these […]
On any construction site or project, there are a lot of moving parts. Projects can quickly fall to pieces when parties aren’t properly paid. Luckily, people working in the construction industry have specific legal actions they can take to help obtain their rightful paychecks. Mechanic’s liens are the most powerful legal tool contractors and other parties in the construction industry can use to receive the money they’ve earned on projects. Unfortunately, mechanic’s liens can be very complicated; and, if not filed correctly, a mechanic’s lien could invalidate the lien.
A conflict of interest can pose a serious risk to a business. If an individual’s personal interests conflict with their professional obligations, a business’s success can be compromised. If a conflict of interest has affected your business, or if you have questions regarding whether something constitutes a conflict of interest, contact a Houston business litigation […]
Contract disputes in the state of Texas can be extremely complex due to the high volume of business conducted in major cities such as Houston, Dallas, and Austin. The state of Texas is a business hub, and contracts are one of the most important components of the business relationships that help make Texas one of […]
With different projects, teams, management styles, and other factors at play, disputes in the workplace are bound to happen, even when employees and contractors work from home. Using guidance from a skilled Houston business litigation lawyer you can explore Alternative Dispute Resolution (or ADR) to help resolve these conflicts. You will probably be aware of […]
The law says a contract is formed when there is an agreement for an exchange of value, and all parties are legally capable of entering into the agreement. Contracts do not have to be written except for specific types of business contracts, but most business contracts are evidenced by formal, written documents. Texas recognizes the […]
The term ‘independent contractor’ is used widely. From popular ridesharing platforms to food delivery apps and many other services, contract work has become particularly popular when it comes to employment. With the increase in the use of contract workers, it’s important for those considering hiring an independent contractor to know what should be included in […]
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. If a third party interferes with a contract or business relationship, it may be tortious interference in a business relationship. Some examples of actionable interference may […]
Buying a franchise may seem like a good way to get started operating a business. Business franchise opportunities can offer prospective buyers an established business with a widely recognized name and a successful business model. But before signing a franchise agreement, it is a good idea to have it reviewed by an attorney who practices […]
Any small business owner in Houston preparing to sell a business wants to be successful in the transaction to ensure a smooth turnover while limiting profit loss. This phase takes preparation, just like the start-up. Recognizing the common mistakes we discuss below will help you avoid unnecessary hardship and loss when selling your small business. […]
When partners reach a business point where their ideas, goals, and focus move in diverging directions, it is necessary to reevaluate the relationship and take a new approach. These changes can happen for various reasons, such as a new baby in the family who requires more time from a partner to both partners not seeing eye to eye on how funds should be spent. A business buyout can be an option you consider as the next step.
Considering whether to buy a franchise so you can operate your own small business is a big decision. There are tremendous benefits to working for yourself and being able to provide jobs for others. However, there are significant obstacles you may want to investigate before signing a franchise contract. Starting a company from scratch can […]
It is with a heavy heart that we announce the sudden passing of our dad, grandfather, brother, and friend, David Morris Feldman. Dave was born in Lake Charles, Louisiana, to Leo and Sylvia Feldman. In post-war America, Sylvia and Leo had been winding their way around the country and decided to stay for some time […]
Suppose you have come up with a great idea for a new business. It is creative, unique, and entirely new. This business idea might be a manufacturing idea for a new and innovative product or maybe a branding idea or a jingle that you can see going national or even worldwide. Perhaps it is a […]
In the world of entrepreneurship and business ventures, partnerships often play a crucial role in the success and growth of a company. A well-structured contract can bring together complementary skills, resources, and expertise, allowing businesses to achieve more than they could on their own. Without proper documentation and clear guidelines, partnerships can quickly turn sour, […]
Workers usually think their employers have their best interests in mind when setting policies, procedures, and rules. While we want to think the best of our employers, they may actually be exploiting their workers. Employees have legal rights, and employers are required by law to respect and abide by those rights. What can an employee […]
You should not enter into a partnership agreement with someone based on a handshake. No matter how much you may trust that person, any business arrangements you agree to enter into need to be memorialized in writing. In a partnership, the agreement between you and your partner(s) is what gives you rights and obligations with […]
If you need to file a lawsuit, you do not have an unlimited amount of time to do so. No matter what type of case you are filing, there is always a limit to when you can sue. A statute of limitations applies to most criminal actions and all civil actions. Once the statute of limitations passes, you can no longer file a lawsuit. Thus, you need to be aware of the timelines in your case or else you can lose the right to a financial recovery or other legal relief, such as an injunction or specific performance of a contract.
Most people do things to protect themselves and their property. Homeowners lock their doors at night and insure their valuables. Unfortunately, very few people protect themselves from fraud, and with the rise of the Internet and digital software, fraud is getting easier to commit.
In general, the use of non-compete agreements in many contracts is coming under increased scrutiny from the Biden administration. One of the recent salvos in the campaign against non-competes has been launched by the Federal Trade Commission.
When your company does business with vendors for goods or services, you need clear and well-drafted contracts to govern these relationships. Otherwise, you may be risking future headaches that could include supply disruptions and lawsuits. There are a number of situations and pitfalls arising out of poorly written vendor contracts you must act to prevent. Sloppy contract drafting or a lack of foresight could doom your company to legal troubles. The best way to avoid problems with vendor contracts is to have an experienced attorney draft and review your contracts. In the meantime, here are some common pitfalls businesses may face with their vendor contracts.
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.
In many cases, a company’s contracts are one of the major reasons why a suitor wants to buy it. In most instances, the buyer of the business should be able to assume a contract the seller had. The question is usually what process the buyer will need to follow in order to substitute themselves into an existing contract.
There are times when monetary damages will not be enough to help a plaintiff get what they need in court. In some cases, they simply need the behavior to stop. In those cases, a plaintiff can seek a temporary injunction for injunctive relief. A judge would either order a halt to the behavior in question […]
Oil and gas leasing is a complex area. The landowner wants to monetize and be paid for the resources on their property, while the oil company wants to maximize its profits and ensure a steady supply of products. Oil and gas leases often require extensive negotiations between the two parties. It is essential to get […]
Candidates for public office must follow a myriad of laws and regulations. The law treats campaigns with the utmost seriousness. Both the state and federal governments closely regulate campaigns, and they may take action when they find legal violations. Punishments can include both large fines and potential jail time. It is critical that political campaigns […]
For small business owners, legal issues can be both distracting and dangerous. They require time and attention from the business owner that is better used growing their company. In addition, legal matters put owners in a difficult position because they are dealing with matters that are unfamiliar to them. If they make a mistake, it […]
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 […]
Prior to the COVID-19 pandemic, the number of workplace harassment complaints had steadily risen over five years. Employees now have a greater understanding of what is illegal conduct and more determination to stand up for themselves when their legal rights are being violated. Even if a company has strict workplace policies, it may not be […]
A fiduciary duty is the strictest duty of care recognized by the legal system. Because of this, it is incredibly important that fiduciaries fulfill their responsibilities correctly and faithfully. Many people would be surprised by how broadly fiduciary duty can be applied and how unintentional actions could cause a breach. Here is everything you need to know about fiduciary duty, whether you were appointed a fiduciary or principal (the party to whom the fiduciary owes a duty).
Insurance companies often act like they have all the power in the world over you when you have filed a claim. In theory, they are your equal because they are in a contractual relationship with you. While your insurance company has legal obligations to you, it often will try to alter the balance of power […]
When you agree to purchase a new home, you sign a binding agreement with the home builder. In exchange for your money, the builder assumes several legal obligations to you they must honor. If not, you can file a lawsuit against the builder for a breach of contract. Home builders can breach a contract in […]
Many people compare business partnerships to domestic ones, and it’s easy to see why. Just like marriage, a business takes a lot of dedication and hard work; and, breaking up can be hugely expensive. Business divorces can destroy a business and any assets you have spent years building. While business divorces are sometimes necessary and the best course of action, every effort should be made to avoid these costly breakups.
Nearly everyone has some kind of insurance policy. Whether it’s for your car, home, business, or yourself, insurance policies give us peace of mind knowing that if anything happens, we won’t be left in the dark and coming out of pocket financially. Insurance is a good thing, but only if insurance companies play by the rules. Unfortunately, many insurance companies utilize bad faith tactics to avoid paying out on claims.
A fiduciary duty is a legal obligation wherein one party is legally required to act in the best interests of another. The obligated party is known as the fiduciary and is entrusted with the care of the other party’s finances, property, or other valuables. When a breach of this legal duty occurs, it can result […]
In Texas, the construction industry is booming. With the growth of the construction industry comes the need for experienced construction law attorneys that can assist with the unique legal issues that arise. At Feldman & Feldman, our construction law attorneys have experience successfully handling a wide variety of construction law issues, but some of the most common construction law issues we handle include
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 […]
When real estate is transferred or sold, its title will transfer between the seller (or grantor) and buyer (or grantee). There are two ways the title can be transferred: Quitclaim deeds Warranty deeds While these two types of deeds are both ways to convey an interest in a property, the primary differences between them are […]
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 […]
According to a 2020 survey from PriceWaterhouseCoopers, 47% of respondents had experienced fraud in the prior 24 months. Business fraud is a growing problem as criminals become smarter and more daring. While no business is ever 100% fraud-proof, you can build your defenses. Here are six steps your business can take to better protect itself […]
In real estate transactions, saying nothing can be every bit as bad as saying something misleading or false. A seller has the obligation to disclose certain defects to a buyer before they complete the sale. If a seller fails to disclose those defects, they may be held liable for the cost of repair. In some […]
Texas has passed a far-reaching election law with new rules that dictate how people can vote in elections. This new law is drawing nationwide attention in the controversy over voting rights, as is similar legislation in other states. Now, Texas is facing several lawsuits challenging the legality of the law. One has been filed by […]
Many employers face lawsuits under the Fair Labor Standards Act (FLSA) for their alleged failure to compensate their employees. The FLSA imposes certain obligations with regard to paying covered employees. However, the FLSA does not apply to all employees. Exempt workers are not subject to the rules of the FLSA. While employers may try to […]
Landlords and building owners often do not manage their properties themselves. They typically do not have the time or expertise to actually tend to the property. To do this, they hire a specialized property manager who has experience in things like maintenance and collecting rent from tenants. Property managers are responsible for all parts of […]
Many salaried employees in Texas may not think about overtime as something they need to worry about, however, employment law can be complicated, and some salaried employees could be missing out on rightfully earned overtime pay. If an employer fails to properly pay their employees overtime, they could be violating federal and state laws and […]
Sexual abuse can occur to any gender orientation at any age through a variety of scenarios. Only recently as abuse victims have felt more empowered to come forward with their stories, and laws have been changed to extend the ability to file some lawsuits regarding institutional sexual abuse, have the long-term effects of sexual abuse […]
General contractors are the backbone of residential and commercial construction. They are trusted by thousands of Texans each day to keep construction projects moving forward. General contractors often use subcontractors to keep their projects on schedule and complete construction on time. When a general contractor does not pay their subcontractor, what happens? There are many […]
After a loved one passes, it can be an incredibly emotional and stressful time. While dealing with an unimaginable loss, you may also be the named beneficiary of that loved one’s life insurance policy meaning you may receive the benefits listed in that policy. While the process of claiming the benefits should be smooth, some […]
In Texas, workplace sexual harassment laws are changing to give employees more time to file claims against more types of businesses in the state, as two new laws went into effect on September 1, 2021. In the past, businesses with fewer than 15 employees were exempt from sexual harassment claims; however, these new laws apply […]
Employees are expected to only use company property and assets appropriately and within the scope of their employment. Unfortunately, this is not always the case as many employees have been caught misusing company assets for their own personal benefit. While many smaller infractions like using company stamps to send personal mail or taking home a […]
Feldman & Feldman, in tandem with strategic partners, is investigating claims and filing lawsuits on behalf of individuals in Texas regarding the unauthorized, predatory lending tactics of EasyKnock, Inc. and EK Real Estate Services of NY, LLC. These parties have engaged in patently false and misleading practices designed to induce Texas homeowners into highly suspect […]
After years of damage and frustration resulting from objects being thrown 19-stories onto its roof, Third Planet Sci-Fi Superstore decided to finally fight back against the large hotel next door in the most unique yet appropriate way – with a full-color comic book lawsuit. The comic store filed a lawsuit in February against its hotel […]
Whether buying a new home or investing in a commercial real estate project, hiring a real estate attorney is essential for ensuring every detail of your purchase is protected. Residential sellers and buyers often feel uncomfortable or unsure of how to proceed with selling their home or buying a new home, while commercial real estate […]
As an employer and an employee, it is incredibly beneficial to understand how employment law affects your workplace. Employment law governs the relationship between employers and workers. These laws ensure that workers are treated fairly and are able to work safely while also protecting employers’ livelihoods and businesses. Employment laws, also known as labor laws, […]
Texas is considered an “at-will” employment state, meaning an employer can terminate an employee for any reason – no matter how trivial or irrational – or for no reason at all. Termination can happen at any time during an employee’s employment and for any legitimate purpose, which makes proving wrongful termination difficult. There are some […]
2020 has proven to be a challenging year for all types of businesses. While many aspects of business operations have changed in order to incorporate COVID-19 safety protocols, one thing hasn’t – equal employment opportunity (EEO) compliance. Understanding how to ensure a business is EEO compliant is incredibly important for business owners at any stage […]
Purchasing a franchise has become one of the more popular business models in the United States – as well as globally – in recent years. According to research from Statista, in 2019 alone, the economic output of franchise establishments within the U.S. totaled roughly 787.5 billion dollars. With this in mind, it’s no wonder franchising […]
With so many businesses now having an online presence through a website and/or social media, many have turned to digital sources to gain access to images labeled as ‘free’ to catch the attention of prospective clients and customers. As more companies utilize these sources, it’s important to be aware of potential intellectual property violations and […]
When having renovations done or a new build on a property, it’s important that the contractors and other laborers are compensated properly for their work – even during an ongoing pandemic. When this doesn’t happen, a mechanic’s lien can then be placed on that property. Therefore, it’s important to understand what actions could result in […]
The COVID-19 pandemic has greatly affected businesses in more ways than one. While many have been able to obtain funding or loans through the Paycheck Protection Program or an Economic Injury Disaster Loan (EIDL), others have found coronavirus loan fraud issues. This is true for Wells Fargo, which recently fired over 100 employees for defrauding […]
The unexpected can happen to any business, at any time. Whether it’s issues involving the internal structure of a business, demanding clients, or even other outside elements, unanticipated issues can quickly send a bustling company into turmoil. Whether it’s damage to a commercial vehicle, interruption of operations, vandalism, storm damage, flooding, or even a fire […]
Businesses of all sizes in many different industries have faced a countless amount of struggles in 2020 alone. Despite this, it’s imperative that business owners remain aware of potential conflicts that could arise and hurt or derail operations even further. Having a good understanding of the several different types of business torts that could arise […]
The COVID-19 pandemic has brought along many different challenges for businesses in its wake. These new demands are no different in the construction industry, as it has been dramatically affected by the pandemic in ways including the necessity of implementing on-site safety measures and ensuring insurance coverage for potential liabilities brought on by COVID-19. Because […]
According to an article written by Gettysburg College, it’s estimated that most Americans will spend one-third of their lives at work. Even as many have moved to make the transition to work from home due to the onset of the COVID-19 pandemic, many offices and workplaces have since reopened their doors to employees. While going […]
As the COVID-19 pandemic continues its spread, more and more business owners are looking for ways to recoup their losses due to mandated closures and stay-at-home orders. The same can be said for those involved in commercial real estate investing, where virus has also had a major impact. Recently, however, the Health, Economic Assistance, Liability […]
Running a successful business comes with its own unique set of challenges – and business partnerships are essential for success. The Coronavirus pandemic has no doubt thrown curveballs at business owners across the country, but what happens to a business when one business partner falls ill to COVID-19 – or worse, becomes incapacitated or succumbs […]
The ongoing COVID-19 pandemic has taken a major toll on businesses throughout the nation. While some have been able to transition to working entirely or partially remotely, others have had to make difficult decisions to keep their doors open without having to dissolve a business. The dissolution of a business is a decision that should […]
The COVID-19 pandemic has brought unprecedented change in the way many people go about their daily lives and work. While many employers have made decisions to keep their teams working remotely indefinitely, others have decided to return to the office, whether partially or full time. Because of this, COVID-19 liability waivers have become a common […]
As the COVID-19 pandemic continues to surge in areas across the U.S., many businesses are looking for ways to protect themselves from potential employer liability. While there is no one-size-fits-all solution for every company, employers must consider certain safety measures in order to avoid employees and visitors contracting the virus, as well as formal written […]
In previous posts, we’ve discussed both sovereign and qualified immunity, and what these specific legal doctrines entail. These laws ultimately work to shield law enforcement and other state and federal government officials from liability; however, there are exceptions, one of which being how it pertains to the Texas Tort Claims Act. Understanding what it means […]
In a previous blog, we discussed the history and controversy surrounding qualified immunity. While concerns surround qualified immunity, many have also raised questions over sovereign immunity as well. Knowing how sovereign immunity came to be, as well as how it relates to qualified immunity can help keep the public informed on their legal rights and […]
As protests continue across the nation in response to police brutality and racial inequality, more and more Americans are coming to question the law. One particular aspect that has garnered vast scrutiny during this time is the doctrine of qualified immunity. While this isn’t the first time this specific legal doctrine has come under fire, […]
Ongoing protests against police brutality and racial inequality continue across the nation following the deaths of George Floyd, Breonna Taylor, Ahmaud Arbery, and countless other Black Americans. While this rise in civil unrest has already led to legal changes in some states, protesters are finding themselves arrested during these often-peaceful events. Because of this, it’s […]
Businesses measure value in a myriad of different ways. Client retention, return on investment (ROI), and sales can all be deemed valuable to business owners. Different facets of intellectual property provide incredible value to companies in many different ways. Understanding just how valuable intellectual property is and what it means in the age of COVID-19 […]
The new coronavirus or COVID-19 has impacted businesses large and small, as well as the personal and financial lives of millions. Now, with so many aspects of our daily lives up in the air, insurance underwriters predict an oncoming wave of changes to director and officer (D&O) liability coverage will follow. Understanding Directors and Officers […]
As the new coronavirus or COVID-19 continues to disrupt the everyday lives of many, changes to the modern workplace have become inevitable. Though many have hoped for a total return to normalcy following stay at home orders; unfortunately, however, this is not the case, as COVID-19 is showing no signs of waning. With this in […]
Fiduciary obligations are crucial aspects of certain business relationships. These duties involve a relationship between two parties that obligates one to act in the best interest of the other. When the fiduciary breaks or breaches this obligation to the beneficiary, it can hurt their reputation and have potential legal repercussions. Such is the case for […]
Since the new coronavirus or COVID-19 outbreak, many people across the country and around the world have had to adapt to working remotely from their homes. While this allows employees to continue their ongoing projects and tasks from the safety of their own living spaces, fraud and cybersecurity concerns have mounted as fraudsters find themselves […]
Even as storefronts begin to reopen their doors for business across the country, the new coronavirus or COVID-19 continues its worldwide spread. COVID-19 has infected over three million people worldwide, with over 32,000 of those cases in Texas affecting the lives and businesses of many. One of those industries that has seen the effects of […]
Following the outbreak of the new coronavirus or COVID-19, many across the country have found themselves out of work and having to file for unemployment. With over 20 million unemployment claims being filed and nearly one million claims in Texas alone, officials have begun to roll out unemployment benefits under the Coronavirus Aid Relief Economic […]
As the new coronavirus or COVID-19 continues to affect people and their places of work across the nation and around the world, one would think workers in essential industries are being effectively protected. Unfortunately, this isn’t necessarily the case for everyone. While many workplaces are doing their due diligence to ensure workers are adequately protected […]
Commuting to and from work two months ago was the norm for many across the United States. Now, many finding themselves working from home or have lost their jobs entirely due to the effects of the new coronavirus or COVID-19. Following the implementation of shelter-in-place or stay-at-home orders, most are encouraged to stay at home […]
Day in and day out, businesses across the nation rely on contracts for many different things, including partnerships and employment. Unfortunately, however, many companies have been grappling with how to handle these contracts due to the novel coronavirus or COVID-19, which has effectively disrupted business operations around the world. In particular, many businesses are wondering […]
Over the years, local restaurants have remained staples of communities across the country. Houston, for instance, is known for its wide variety of local fare, with a whopping 10,000 restaurants that represent nearly 70 countries and American regions. While restaurants across the nation have long been a source of comfort for patrons, the novel coronavirus […]
When dealing with commercial real estate, the use of liens can be fairly common. Liens can impact the ability of a business to start from the ground up or continue to grow and expand. Understanding how different types of liens can affect businesses is incredibly important when leasing or purchasing a commercial property. What is […]
Meat alternatives have become increasingly popular among consumers in the last several years. One of the most popular brands is Beyond Meat, which sells plant-based foods and meat alternatives. It sells its products to various customers in the retail and foodservice channels through brokers and distributors in the U.S. and internationally. The brand works with […]
Antitrust laws help regulate the conduct of businesses in order to promote fair market competition for the benefit of consumers. Recently, the U.S. Federal Trade Commission (FTC) announced it was considering a rule limiting businesses from pushing their employees to sign non-compete agreements preventing them from working at rival companies. Upon hiring, workers are sometimes […]
Important information is often discussed during day-to-day business operations. Trade secrets, innovative ideas, and new projects can all help businesses maintain a competitive advantage. Many companies use non-disclosure agreements (NDAs) to protect sensitive information. Understanding how these agreements work and what they entail can help keep important business information secure. An NDA is a legal […]
When a merger of two companies happens, assets are often consolidated in order to combine the two entities. While mergers and acquisitions occur quite frequently, they have the potential to create serious antitrust issues. Recently, TD Ameritrade and Charles Schwab announced plans to merge the two entities, raising antitrust concerns among many. Investment company Charles […]
Property transactions happen nearly every day. With many different properties going up for sale in the Houston area seemingly overnight, it’s no secret that the real estate market isn’t slowing down anytime soon. While the ongoing influx of real estate transactions brings new businesses and residents to Houston, Texas, it also comes with concerns of wire fraud.
Contracts are very commonplace in business transactions and partnerships. These binding agreements help to ensure the parties’ agreed terms are carried out in full on all sides of the agreement. When a party breaches a contract, it can be damaging to those involved. Recently, Apple sued a former chip designer after he allegedly breached his duty of loyalty and contract with the company.
When fraud occurs, it can cost unsuspecting victims more than they expect. One of the latest types of fraud attacks compromises corporate emails and uses them to manipulate others. Often known as CEO fraud, business email compromise tactics were recently used to scam a Swiss company out of roughly one million dollars by a multinational fraud ring.
When discrimination occurs in the workplace, it makes employees feel uncomfortable. Employment discrimination happens when an employee or an applicant is treated unfairly due to his or her race, skin color, national origin, gender, disability, religion, or age. Earlier this month, it was announced that Riot Games would pay nearly $10 million in a legal settlement after accusations of gender discrimination and sexual harassment came to light.
Mergers and acquisitions are common business occurrences involving the consolidation of companies or assets through various types of financial transactions. Mergers, acquisitions, consolidations, tender offers, and more can all dramatically change the face of a well-known business. In fact, Google recently acquired Fitbit in its largest acquisition to date for about $2.1 billion. This comes as the search engine giant aims to grow its presence in the smartwatch and fitness technology industries.
