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 […]
Understanding Mechanic Liens in Texas Architecture
In today’s challenging economic landscape, securing every possible source of revenue is vital for the survival of many businesses in the construction sector. Thankfully, there are several strategies available to support collection efforts. One of the most commonly used methods is the mechanic’s lien, as outlined in Chapter 53 of the Texas Property Code. Mechanic’s […]
When Should You Begin Considering Your Estate Planning Options?
Estate planning is essential to financial health and too often gets overlooked until it’s deemed immediately necessary. Whether you’re in the prime of your career, have just purchased your first home, or are celebrating the birth of a child, the right time to consider your estate planning options might be sooner than you think. At […]
A Guide to Independent Contractor Agreements in Texas
The label ‘independent contractor’ is increasingly common across various sectors, notably in ridesharing and food delivery services, where contract employment is becoming more prevalent. With the rise of gig economy jobs, it’s essential for businesses contemplating working with independent contractors to understand the elements of a strong independent contractor agreement in Texas. Crafting well-thought-out contracts […]
How a Texas Lawyer Can Help With Subcontractor and Contractor Disputes
Construction projects in Texas can often lead to disputes between contractors and subcontractors, given the complex agreements required to complete any major project. Whether it’s a disagreement over the scope of work, issues with payment, or delays in project timelines, these disputes can stall projects and result in significant financial losses. The lawyers of Quadros, […]