The U.S. News recently reported that the combined factors of a 2023 recession, decline in job growth, continued inflation, and higher interest rates – will likely culminate in pressure that will lead to more layoffs. Therefore, the U.S. News [...]
In 2021, the Texas Legislature passed and Governor Greg Abbott signed into law House Bill 1927 (the “Firearm Carry Act of 2021”). The Act, which went into effect on September 1, 2021, permits individuals who are twenty-one years of [...]
The Supreme Court will decide if cases are stayed during arbitration appeals; companies' risk assessments should consider this decision. The Supreme Court granted certiorari in a case that has serious implications for companies that are unsuccessful in enforcing arbitration [...]
Parties to a variety of contractual obligations are conducting a great deal of business these days through long trails of email exchanges that discuss numerous aspects of a potential agreement. As a result, clients increasingly ask if they may be [...]
At this point it is premature to determine how Texas courts will decide the breadth and applicability of a force majeure clause related to COVID-19 . That said, do not expect courts to allow a party to invoke force [...]
Most people tend to be confused as to the type of event business interruption insurance covers. There actually is a distinction between business interruption and civil authority insurance. Generally business interruption insurance allows a business to recover certain losses [...]
With the coronavirus spreading across the world, Bill Siegel has compiled the following list of best practices companies can follow to maintain some semblance of operations and deal with potential legal issues. Issues with Lenders and Loan Documents Material [...]
Technology and “bring your own device” (BOD) have made it easier for employees to make confidential business information vulnerable to view by a competitor or others. Perhaps an employee moved customer contact information to their smartphone, e-mailed marketing plans [...]
We are witnessing interesting times in these hectic days of the Coronavirus. We survived the terrorist attack of 9-11, hurricanes, earthquakes and the Ebola virus and we will get through this as well. Rarely do parties consider these unexpected [...]
What initially began as a health scare has ballooned into a broad-ranging concern, affecting economies around the world. Businesses that were teetering on the brink of survival may succumb to bankruptcy. Coronavirus and Bankruptcy There is a good article [...]
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