The Texas Business Organizations Code permits companies to engage in a divisive merger. As reported by CNBC, a business may choose to attempt a divisive merger as a prelude to filing for bankruptcy protection and limiting its responsibility to pay liabilities. The...
B2B Commercial Litigation
A commercial contract may include a force majeure clause
Catastrophic events that can devastate a business may occur unexpectedly and without warning. If a company has an existing contract, its performance may become impossible to complete. As noted by the American Bar Association, a force majeure clause may excuse a party...
When can I use mediation to solve B2B disputes?
Just because you are currently embroiled in a B2B dispute does not mean that you will necessarily end up in court. In fact, it is usually better for savvy business owners to avoid the courtroom if at all possible. Going to court is expensive and will take your...
How should I handle disputes with my partner?
The relationship between you and your business partner is one where you need to maintain civility. It is essential you work together, have open communication and extend each other common courtesies. If you have a dispute, you need to learn how to work through it in a...
What should due diligence look for in business purchases?
You may have discovered a company that you want to buy. The company owner has agreed to sell the operation to you. As part of a business purchase, merger or acquisition, a buyer usually conducts due diligence on the company before making the purchase final. This is to...