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June 2018 Archives

Netflix sues Relativity Media over contract breach

Netflix subscribers in Texas may be interested to learn that the streaming giant has filed a lawsuit against Relativity Media, alleging that the studio breached an exclusivity contract when some of its content landed on competing streaming services. Relativity is currently going through bankruptcy proceedings in New York.

Targeting strategic buyers

Entrepreneurs in Texas can take certain steps to position their businesses for acquisition. By targeting strategic buyers, such as a competing business, another company in a related industry, or a larger business in the same industry, entrepreneurs can reap more than one benefit.

Strategies to limit the chance of a construction contract dispute

Construction companies in Texas rely on contracts to establish the terms for price, schedule and building standards when setting up a project with investors. Many situations could cause a contract dispute to flare up, leading to minor delays or snowballing into costly breaches of contract. Most problems arise from the parties misunderstanding a contract, experiencing delays, failing to administer a contract or making unsubstantiated claims against other parties. Before any ground is broken, builders and investors can take proactive steps to reduce the possibility of misunderstandings and disputes.

How to handle a fiduciary breach in Texas

A person or entity is said to have a fiduciary duty if they're obligated to act in another party's best interest. If that person or entity fails to do so, they have breached their duties. Examples of a fiduciary include an attorney representing a client or a corporate officer representing a shareholder. It is important to note that this relationship must exist in accordance with applicable laws.

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O'Toole Atwell, PC
504 Lavaca Street, Suite 1010
Austin, TX 78701

Phone: 512-476-4740
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