Articles Tagged with Austin business lawyer

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AdobeStock_194331054-300x200Every  business depends on contracts, and businesses in Texas are no exception. Whether discussing a simple purchase order or executing a more complex merger or acquisition, a contract sets forth the essential terms by which two parties exchange something of value. And while there is a certain romantic notion that contracts require “nothing more than a handshake”, if you are dealing with a complex transaction, it is generally best to work with a qualified contract lawyer. The Texas business transaction attorneys at Structure Law Group can assist you with various contracts that affect your business.

What Is a Contract?

In its simplest form, a contract is a legally enforceable promise. A contract requires some form of consideration by both sides. For example, if you agree to help your friend move in exchange for $100, that is a simple contract. In the context of a larger Texas business, however, a contract can involve obtaining insurance, working out a deal with a vendor, establishing employment terms for key employees, and even selling or acquiring a business.

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AdobeStock_196855233-300x200When any party is in the process of merging or acquiring another company, due diligence is absolutely necessary, and many recent mergers and acquisitions (M&As) cases have demonstrated the importance of conducting thorough due diligence reviews or evaluations. When you are in the process of buying another company, you will want to be sure you seek the help of a Texas business lawyer.

Due diligence activities in any M&A transaction can be very expansive, and the costs of conducting due diligence reviews or evaluations are often justified because performing this work typically means companies can avoid the significant costs associated with not performing due diligence. There are five major issues all due diligence reviews should be sure to focus on.

Target Company Overview

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