Articles Tagged with Texas Business Litigation Attorney

AdobeStock_1235286479-300x171If your Texas business is organized as a sole proprietorship or general partnership, then the law recognizes no distinction between your personal and business assets. This is why many businesses choose to organize as a corporation or limited liability company, which provides a powerful liability shield for individual owners, directors, and officers to avoid being held personally liable for the debts and legal obligations of the business.

But there are some situations where a creditor may seek to disregard the corporate liability shield and “pierce the corporate veil.” The experienced Texas business attorneys at Structure Law Group can review your corporation’s situation and advise you of the risks.

Texas Imposes a High Bar for Holding Individual Shareholders Liable

AdobeStock_180564517-300x200Every state imposes specific time limits for filing a civil lawsuit, known as the statute of limitations. In Texas, it’s easy to miss a filing deadline by not adhering to these rules. This is where the guidance of an experienced Texas business litigation attorney becomes crucial. At Structure Law Group, we can inform you of the applicable statute of limitations and ensure your case is filed on time.

How Long Do You Have to File a Lawsuit?

It is important to understand that Texas does not have a single statute of limitations. Chapter 16 of the Texas Civil Practice and Remedies Code contains several limitations periods. Some of the more pertinent statutes that a Texas business should know about include:

AdobeStock_626749959-300x200Litigation is rarely the desired outcome to any business dispute in Texas, but it often becomes necessary when alternative dispute resolution methods such as arbitration or mediation do not produce desired results. When any person is preparing for a possible litigation matter in Texas, they will want to have the assistance of an experienced Austin business litigation attorney.

Businesses have the power to resolve disputes on their own without having to go to court, but there are many times in which two sides will vehemently disagree and not be able to come to a resolution. Litigation is often the most effective way of determining which party is right and awarding any damages.

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