Everything You Need to Know About Operating Agreements
Starting a business can quickly become overwhelming as you navigate legal requirements, operational decisions, and financial planning. One crucial document that often confuses new business owners is the operating agreement. Without clear guidelines and rules, disputes can arise, jeopardizing the harmony and productivity of your business. At Quadros, Migl & Crosby, we understand the challenges […]
What Documents Are Needed for an AIA Contract?
Clear and comprehensive contracts are essential to keeping construction operations running smoothly. The American Institute of Architects (AIA) has developed a suite of standardized contract documents widely recognized for their fairness and thoroughness in addressing the complexities of construction agreements. Knowing which AIA documents are needed and their specific purposes is essential for anyone involved […]
Why You Should Hire a Contractor Agreement Lawyer
Trying to balance the needs and expectations of various parties involved in a construction project while also ensuring everything aligns with legal requirements is no simple task. This high-stakes game can lead to significant delays, unexpected costs, or even legal disputes. Like trying to build a house on a shaky foundation, proceeding without a solid […]
Can a Contractor File a Mechanic’s Lien in Houston?
You’ve put in the hours, the hard work, and the dedication, only for a dispute about payment to arise, threatening your bottom line. For many contractors in Houston, the solution to such disputes is to file a mechanic’s lien. These legal tools can help you secure your right to payment by placing a claim against […]
Understanding the Difference Between a Chapter 7 vs. Chapter 11 Corporate Bankruptcy Filing
When your business is struggling with debt, you might find yourself constantly worrying about how to pay bills, keep your company afloat, or maintain your family’s well-being. The financial stress can be overwhelming, especially when you don’t know where to turn for help. Understanding your options is the first step toward relief, and filing for […]
How a Business Lawyer Can Help You Form a Company
Like most aspiring entrepreneurs, you have probably already envisioned the possibilities and challenges that come with turning your idea into a reality. The excitement of launching your own business is often dampened by daunting tasks like drafting documents and making critical decisions, making it easy to get overwhelmed. Thankfully, you don’t have to navigate this […]
How Long Do Texas Contractors Have to Pay Subcontractors?
The juggling act of managing schedules, coordinating teams, and ensuring everything aligns perfectly to deliver quality work is familiar territory for any contractor. However, one critical aspect that can sometimes get overlooked is paying your subcontractors. You may wonder if there are specific timelines you must adhere to and what the legal implications are if […]
What Are AIA Contracts?
As a professional in the construction industry, you understand the importance of solid, reliable contracts. You have likely faced the frustration of vague terms or the stress of disputes arising from poorly drafted agreements. Whether you are new to the field or a seasoned veteran, the complexities of contract law can be overwhelming. However, understanding […]
Should You Start an LLC or an S Corp?
As you contemplate launching your next venture in Texas, you are faced with a multitude of pivotal questions. One of which is whether it is in your best interest to establish your business as a Limited Liability Company (LLC) or an S Corporation (S Corp). This critical decision will impact your business structure, taxation, liability, […]
6 Things Contractors Should Know About AIA Contracts
Completing a successful construction job means overcoming various challenges, from coordinating timelines to managing budgets. One fundamental aspect that can significantly impact your projects is the American Institute of Architects (AIA) contracts. These standardized forms govern the terms and conditions of construction agreements, dictating everything from payment schedules to dispute resolution mechanisms. At Quadros Migl […]