A crumbling 150-year old prison can have a new life as a 5-star luxury hotel. A fire-damaged church can be reborn as a trendy brewery and restaurant. An obsolete streetcar and maintenance facility can become a valuable live-work space for artists.As demonstrated by an...
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4 key questions to address during due diligence
Thinking of moving forward with a merger or acquisition deal? Make sure you complete proper due diligence first. Due diligence, in its most basic form, is the investigation of a business before moving forward with a proposed transaction.The process should result in a...
Three tips for a successful business succession plan
When done wisely, transitioning a business into new ownership can prove a profitable affair for both the current and future business owners. Three tips that can help better ensure everyone benefits from the transaction include:Think ahead. A smooth transition requires...
Do your obligations continue in a breach of contract dispute?
Contracts are fundamental to business operations. As a business owner, you may have contractual obligations with a wide range of entities, such as your co-owners, shareholders, vendors, commercial landlord, local zoning authority, and state and federal tax...
Careful consideration of a buy-sell agreement for a new business
Here at , we assist new businesses in Houston, across Texas and beyond in all legal aspects of formation. One important consideration is whether the owners should sign a buy-sell agreement to plan for the transfer of an owner's portion of...
Business transactions may include various licensing agreements
Businesses in Texas and elsewhere may take advantage of a wide variety of licensing arrangements that may benefit both parties to the transaction. Licenses may consist of business transactions permitting the use of patents, trademarks or other technology from one firm...
German companies bringing manufacturing to Houston
Houston is seeing growth in jobs in the manufacturing sector after several years in decline. The growth is four times the national average.What’s happening to spur the 4.6 percent in annual job growth? German companies find Houston meets their needsHouston...
Some pitfalls in first-time leasing of commercial real estate
There are some real dangers that a business owner in Texas may encounter when leasing its first commercial business space. Experts have postulated the common mistakes that first-time lessees may encounter when leasing commercial real estate. One common mistake is to...
Common commercial real estate mistakes to avoid
Successful commercial real estate investment requires strong business acumen. In Texas especially, to triumph in the commercial real estate market, an investor needs to be prepared. Just like any worthwhile enterprise, investing in commercial real estate isn’t...
Asset management firms engage in complex business transactions
Financial management and investment companies in Texas and elsewhere engage in mergers and acquisitions just like other corporate entities. For example, Voya Financial, Inc., a publicly-traded investment management firm, recently announced that it will divest itself...
