Reasons For Converting Your Business Type In Texas
Texas has more than 3.2 million small businesses and a significant number of large businesses and corporations driving the economy. As business laws and the industry continue to evolve, business owners must take the necessary steps to continue to succeed. In some cases, this could mean converting...
Patent Litigation: Why It Happens and How to Prevent It
Patents play a crucial role in both protecting intellectual property and fostering innovation. They grant inventors exclusive rights to their creations, allowing them to reap the rewards of their hard work and investment.
However, the complex nature of patents and the competitive nature of business can lead to disputes...
Navigating Copyright in the Digital Age
In the digital era, copyright law faces unprecedented challenges as rapidly evolving technology facilitates the creation, sharing, and consumption of content of all kinds on a massive scale. Copyright protection safeguards original works of authorship, ensuring creators can reap the rewards of their intellectual and artistic efforts. However,...
When Is a Partnership Dispute Grounds for Dissolution?
Partnership disputes can get ugly, especially if they are allowed to grow out of control. With the right help, you may be able to prevent an intense partnership dispute from tearing apart your business. But that isn’t always possible.
The following are signs that a partnership dispute is...
Fair Use vs. Trademark Infringement: What’s the Difference?
Intellectual property laws can be rather complicated at times. As a general rule, trademark law allows only the trademark owner to make money off the use of their trademark.
However, that is too simple an explanation and doesn’t take fair use into account. The following guide provides a basic...
Can’t Compete with the Noncompete Rule: FTC’s New Rule, Banning Noncompete Clauses
If you ever come across an employment contract, you may typically find a provision that limits an employee “from working for a competing employer” or “starting a competing business” and restrains such competing acts within a “geographic area and period of time” following...
Understanding The Common Pitfalls of Commercial Leases
Commercial leases are crucial for many businesses. They can provide a foundation for operations and growth. However, these complex agreements can be challenging. Many businesses fall victim to common pitfalls with significant financial and legal consequences.
Sul Lee Law, with its experienced commercial real estate lawyers, assists clients...
Four Tips for Preventing Business Partnership Disputes
Maintaining a healthy business partnership is essential for the success of any business. A strong partnership can lead to increased productivity and the sharing of resources. However, partnership disputes can arise due to disagreements over management styles, financial decisions, or personal differences. These conflicts can lead to costly legal battles and...
Assigning vs. Subletting a Commercial Lease
Many companies need a physical space in which to conduct their business, whether that’s a corporate office, a retail space, a service location, or even a storage warehouse.
While purchasing property or facilities is one option, not every company can afford the often significant upfront expense. A commercial...
Avoiding Liability in Successor Corporation Mergers
Successor corporations offer many potential advantages to both the company selling its assets and the one making the purchase. The seller may be looking to retire, require capital to start a new business venture, or be unable to continue managing the company. Whatever the case, they will enjoy a payoff for the...