When businesses file bankruptcy, bankruptcy courts issue automatic stays which essentially freeze all collections. Fortunately, creditors can petition the court to obtain relief from the automatic stay. Then a judge can grant relief to creditors, which enables them to...
Including your pet in your estate planning
Pets have become an essential part of most families in the United States. Most households own at least one pet, and it is not uncommon for people planning their estate to think about what will happen to their pet after they pass or when they can no longer care for it....
7 options for financing a business
Many great business plans wither on the vine because there needed to be more financing. It may become apparent at some point that there needs to be an infusion of capital to enable it to endeavor to meet its potential. There are different options when seeking...
Did someone violate their fiduciary duty?
Someone's fiduciary duty is as wide-ranging as their job description. Nevertheless, violating that duty can lead to severe consequences. Generally, it involves a legal or financial situation where an individual or business has a professional obligation to support the...
Protect your legacy – estate planning tips for small business owners
When it comes to estate planning, most people think about their tangible assets such as their house, car and personal effects. They might also think of their intangibles, such as savings accounts, retirement accounts and stocks. What some people fail to take into...
Use bulletproof discretion for foolproof recruiting
If you hold an executive position, the hardest aspect of your job may be having to terminate someone’s employment. And the more responsibility that person has, the more complex saying “you’re fired” can be. It can take a long time to replace an employee who has a lot...
Commercial landlord utilizes litigation to seek money
Commercial property owners have a substantial number of tasks to handle. If the owners manage the property and act as landlords, they may find themselves facing disputes with their tenants from time to time. While some issues may be easily resolved, others may require...
Patagonia files suit due to intellectual property infringement
Businesses work hard to make their products and brands recognizable to consumers. They may trademark names, slogans and images to ensure that those details are used only by their companies. As a result, confusion and damage to business could occur if another company...
Tesla involved in business litigation with former employees
Successful Texas businesses often employ numerous individuals in order to keep operations up and running. While having this help can be beneficial, it also means that a company is more at risk of having trade secrets leaked or other intellectual property stolen....
Business litigation filed regarding trademark
Intellectual property can come in many forms. Typically, it is something intangible, like a phrase or an idea. Still, this type of property can be protected through copyright, patent or trademark ownership, and if someone infringes on that ownership and the rights...