Creative And Effective Solutions For Legal Disputes
Dallas Business Law Blog
Has your business experienced insurance bad faith?
If your insurance claim has been unfairly denied, delayed or underpaid, there is a chance this was the result of bad faith on the part of the insurance company. If it is, in Texas you could be eligible for treble damages (three times your actual damages). Bad faith is...
Federal Paycheck Protection Program extended through Aug. 8
Could your company benefit from a loan from the Paycheck Protection Program (PPP)? The program was set to expire, but of the $660 billion allocated for the fund, $130 billion remained unspent. Meanwhile, businesses in the Metroplex and across America are struggling...
Dealing with your commercial tenants in the current tough time
The current health situation and other issues gripping the nation have impacted landlords of commercial real estate in Texas and across the U.S. Running any kind of business can be difficult, but when circumstances arise beyond the control of the business owner,...
Should you require COVID-19 liability waivers?
With a global pandemic underway, a lot of companies are requiring their employees and/or customers to sign liability waivers in case they get COVID-19. Should your business do this? Consider that your liability for COVID-19 exposure is unclear, especially if you...
As rents collapse, commercial landlords work to renegotiate
To survive the worst economic downturn since the Great Depression, companies in the Metroplex and all across America are trying to renegotiate their leases. Some are flat-out refusing to pay. Many simply cannot afford to pay. Others have to lower their overhead to...
Undisclosed defect on your commercial property? Get help.
If you have rented a commercial property, you have certain rights. If the landlord failed to disclose a condition on the property that makes it unsuitable or substantially impairs your ability to use the property, you may have a remedy under the Texas Deceptive...
When circumstances have changed and you can’t pay your commercial real estate landlord
For most businesses, rent is expense. If your company has been closed to prevent the spread of COVID-19, you may no longer be able to make rent payments. Does this mean the end of your business? Not necessarily. Commercial leases are contracts, and under the right...
I can’t fulfill my contract. What now?
In times of economic uncertainty, some contracts inevitably go unfulfilled. For example, recent lockdowns or closed borders may prevented you from fulfilling your contractual obligations. Obviously problematic, but not necessarily an emergency. Force majeure You may...
Commercial debt restructuring can help in challenging times
It probably goes without saying that the health crisis we have witnessed for the past few months is an unprecedented challenge with which businesses need to cope and eventually overcome. With commercial activities slowing down, in Texas and across the world, many...
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....
