Some business partnerships endure for decades. Other times, one partner decides to exit, or a dispute erupts in which partnership dissolution is the only remedy. Regardless of how large or successful a business is, ending a partnership works best if you already have a...
Dallas Legal Issues Blog
What constitutes fair use of intellectual property?
When you create an original piece of writing or work of art, you have copyright protection as soon as you publish your creations. If you purchase the work of an artist or musician, you may have licensing control over that work until its copyright protection expires....
What should your company’s vision statement contain?
As a business owner, your main focus is to ensure that the company continues to grow. You can only go so far on your own, so your staff and business partners will also be pivotal. One thing that you might want to have in place is your vision statement. Essentially,...
How do you respond to a breach of confidentiality?
Non-disclosure agreements (NDAs) are among the measures you may have taken to protect your trade secrets. These are crucial to keeping your intellectual property safe since they create a legally binding and enforceable confidentiality agreement. So what happens if...
How to avoid disputes with your business partner
Business partnerships are successful when involved parties are on the same page and have the best interest of the business. Many entrepreneurs choose the partnership structure due to its numerous benefits. However, since you and your partner may be different, disputes...
Defining fiduciary duties
The term fiduciary is often mentioned in legal and financial circles. However, the precise meaning of this term can be hard to pinpoint. As a client or beneficiary, you have a right to know what you can expect from professionals who you entrust with your finances or...
3 helpful tips to avoid business litigation
Owning a business puts you in the driver’s seat regarding your day-to-day operations. Unfortunately, no matter how careful you are, all businesses may face litigation at some point. Unfortunately, business litigation is time-consuming and expensive. Additionally,...
Who decides to ground planes in weather conditions?
Modern planes can fly through many different weather conditions, and it is uncommon for airports to need to close. However, some weather conditions are incredibly difficult and these decisions have to be made. For example, visibility might be at zero during a whiteout...
Your intellectual property should be a priority
When someone takes physical property from your business or organization, it is clearly a case of theft. However, cases of intellectual property theft are more complicated to discover and enforce. Intellectual property includes intangible products of the human mind....
How restrictive covenants can protect your intellectual property
Businesses define their obligations to their workers and protect themselves from expensive claims in part with thorough employment contracts. The arrangements you have with members of your staff determine what responsibilities they have while they work for your...