W. Tyler Moore, PC

business litigation Archives

Business Litigation- selling your business

Business Litigation - selling your business.  Do's and don'ts selling your business exist.  Ignore them at your peril. They can easily lead to litigation for the unwary. The most important "DO" is to contact an attorney before you sign the purchase and sale agreement.  These agreements need to be carefully drawn to protect a seller. Often a Buyer will present an agreement drawn by his attorney to the Seller.  At first glance,the agreement may look to incorporate the "deal".  Don't sign it before you take to a lawyer to review. By the time you sign it, it's often too late to do anything about it.

Don't count on Attorneys' fees as damages when you file suit business litigation

Don't count on attorneys' fees when you file suit. Attorneys' fees are allowed as part of a lawsuit by only specifically by statute or by contract.  If not specifically allowed by contract, then a litigant needs to ask his/her attorney if they are allowed by statute.  If not, you don't get your attorneys' fees.

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"Grimm Collections utilized Mr. W. Tyler Moore for a very complicated matter of litigation regarding non-payment of freight invoices to one of our clients local to the Houston area. I’ve worked with many attorneys throughout the United States on many litigation matters and the biggest deficiencies are lack of industry knowledge and poor communication/follow up.." - D.M.

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