North Texas Business Litigation
Banner, Briley & White
Our firm resolves commercial disputes and represents both individuals and businesses in various types of business litigation. Our practice is centered in Wichita Falls and North Texas, but we can and do handle matters in other parts of the country as well.
Commercial disputes (business torts) arise in a wide range of circumstances, including:
Interference in a business relationship:
Examples of this include stealing customer lists, hiring away employees from a business when your purpose is to damage their present employer instead of obtaining their skills and services to benefit your own business, or lying to someone else’s employees to get them to disclose a former employer’s trade secrets.
Partnership disputes:
A partnership can be a rewarding and lucrative endeavor. Unfortunately, disputes between business partners do occur. Our lawyers have represented individuals in a variety of disputes that arise in the operation of a partnership, including breach of fiduciary duty and dissolution of the partnership.
Wrongful freeze-outs:
In a corporate freeze-out, the controller is required to compensate minority shareholders for the no-freeze-out value of shares taken from them. When the freeze-out is instigated by the majority at the expense of the minority, a breach of fiduciary duty has occurred that can be the subject of legal action.
Breach of fiduciary duty:
Business officers owe fiduciary duties to shareholder, owners and other investors. These fiduciary duties require that the owners act with the "utmost good faith and loyalty" to each other and to the company. A breach of fiduciary duty may occur by the majority terminating minority shareholders, by the company refusing to declare dividends or because of excessive salaries and bonuses paid to executives.
Breach of Contract Claims
People and businesses enter into contracts every day and the breach of an important contract can have a significant impact on a company's business objectives. Our attorneys help companies involved in contract disputes assess their options and make decisions consistent with their goals. We have dealt with contract litigation in a broad spectrum of transactions and businesses, including:
- Shareholder agreements
- Employment agreements
- Real estate and construction contracts
- Insurance policies
- Bankruptcy proceedings
- Warranty claims
Contact Information
To make arrangements for a consultation, call our Wichita Falls, Texas, law offices directly at 940-692-5000. If you'd prefer to send us an e-mail, by all means do and someone from our office will get back to you soon.
