Author Archives: Carter
Common Pitfalls with Letters of Intent
The parties to a sale of a business often sign a letter of intent containing general deal terms before drafting up the binding sale documents. Used properly, such letters of intent are valuable aspirational statements of the key terms, allowing … Continue reading
The First Legal Steps Every Business Should Take
If you’re starting a new business, you may feel exhilarated and optimistic, but also confused and overwhelmed. Business ownership throws a lot of questions, concerns and details at you all at once, and it can be hard to know what … Continue reading
Why Email Isn’t Enough: Email Agreements vs. Contracts
In my years as an Austin business attorney, I’ve talked to a number of business owners who thought they were “covered” on a particular point simply because that point had been discussed, and agreed upon, via email. On the surface, … Continue reading
Contracts: Put them in writing.
One of the most common legal questions that businesses ask is “Does a contract have to be in writing?” It’s an understandable question. A business may make several agreements on a daily basis, pledging to do something in exchange for … Continue reading
Texas Supreme Court ‘Spoliation’ Ruling
Kritika Kulshrestha, a staff writer for the Austin Business Journal talks about the Texas Supreme Court 'spoliation' ruling: A recent Supreme Court of Texas ruling has big implications for how businesses should preserve records or electronic data that may serve … Continue reading