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Dallas Business Law Blog
Behind on your commercial property loan? Consider a loan workout.
If you’re using what should be your operating capital to pay down a commercial real estate loan, you may be concerned that you are facing foreclosure or even bankruptcy. But there are ways to resolve a commercial property loan outside of foreclosure or bankruptcy....
Accused of breach of contract? Consider these defenses
Despite the certainty businesses expect contracts to bring, poorly worded or ambiguous language often lands them in a quagmire. Contracts are often breached or appear to have been breached, leading to litigation. Given the stakes, these can be stressful times as a...
The basics of Chapter 11 bankruptcy
If your business is struggling, you may find that your debts become too much for you to handle. In this case, it might be the best idea to file for bankruptcy protection. Many businesses decide to file for Chapter 11 bankruptcy. You may hear people call it...
Commercial landlords and tenants may revisit their contract
Few would argue this is the best of times for many commercial property owners and their tenants. Some Texas tenants unable to pay on time might suddenly get locked out of their shop. But then again, many tenants with a strong online presence are starting to wonder why...
Developing a reliable employment contract for your business
If you own a business in Texas, you probably know that choosing who to hire is one of the most important things you will do. Selecting talented individuals who have the required skill sets to optimize critical tasks within your organization can effectively help you to...
Series LLCs in Texas
The series LLC is a relatively new concept of business ownership and not well understood. However, individuals who own and operate several businesses or who have many diverse investments may benefit from the protections a series LLC affords. Entrepreneurs and business...
What are the differences between an LLC and an S-Corp?
When forming a business, you have to think about the structure. In most cases, you will choose between an LLC and an S-corp. It is crucial to consider which formation will benefit your business the most. There are some main differences between the two that may make it...
Setting up a successful LLC
Prospective business owners have many options, but many benefit from moving forward with a limited liability company (LLC). In order to create a successful LLC in Texas, there are a number of steps to take and various legal factors that require review. In this post,...
Information to provide in a commercial lease
When a business owner looks to rent space from you, it is an important business transaction for both of you. The lease you design should be fair for everyone. It is important that you do not make the lease too restrictive or make too many demands in the lease that...
SBRA expected to be a good friend to some small businesses
If you have watched a small business suffer through bankruptcy, or if your own business has ever explored bankruptcy, you may want to update your files on the topic. Chapter 11 reorganization has new possibilities thanks to the Small Business Reorganization Act of...
