Loan Documents: 3 Top Issues For Restaurant Borrowers
As much as we wanted to tie in Thanksgiving to this post (think puns on words like “gobble”, “pilgrim” or “stuffing”), we thought that you might want to know more about loan issues this week. The...
View ArticleThe Single Biggest Mistake Made When Selling A Restaurant
Now that we’re all stuffed and overweight after Thanksgiving, I thought that I would mention another type of over-doing it: your representations to a potential buyer when you decide to sell a...
View ArticleHow To Spot Good Restaurant Investments
By all accounts, 2013 should be a great year for the Texas restaurant industry. For just one example, click on this link, which is an article by Teresa Gubbins from austin.culturemap.com. According to...
View ArticleCan An Email Bind Your Restaurant Like A Contract?
We all think of email as a convenience. The same is true for text messages. These are just easy ways to communicate. They don’t really mean anything. Right? Wrong! Email and text messages are some of...
View ArticleThe Absolutely Essential Issues In A Restaurant Lease
Leasing is a big issue for restaurants. Almost all restaurants at least start out leasing their space. Often, restaurants are required to lease their space to capture the prime locations of a given...
View ArticleBiggest Legal Causes Of Restaurant Failures
Just this week, two of my favorite restaurants in Dallas closed operations. This led me to consider the biggest issues I have seen that factored into a troubled restaurant. A few of these may not be a...
View ArticleWhat Makes Restaurant Litigation So Darn Expensive?
We get this question quite a bit. There’s a dispute. Our restaurant client knows they are right. The restaurant wants a quick result and wants it done inexpensively. What in the world is takes so long...
View ArticleWhen To Terminate A Restaurant Transaction
Restaurant transactions are similar to the old Kenny Rogers song, The Gambler – “You’ve got to know when to walk away, and know when to run!” Perspective is so important in general, and in restaurant...
View ArticleSugar And Horses: How To Deal With Restaurant Supply Issues?
Two recent news stories present the issue of how restaurants should deal with supply issues. The first story is the infamous horse meat scandal that has plagued Burger King in the United Kingdom since...
View ArticleHow To Deal With Restaurant Partner Disputes
There are many motivations for restaurant creation and investment. However, these different desires can lead to conflict, so how are restaurant operators, owners, and investors supposed to resolve...
View ArticleWhat Is Restaurant Intellectual Property?
At TexasRestaurantLaw.com, we have covered “Who Owns Your Restaurant Name?” and “Is Your Restaurant Recipe Safe?” However, we have not previously discussed the many parts of restaurant intellectual...
View ArticleFive Tips On Transitioning A Restaurant
You may have just acquired a restaurant or perhaps you are days away. What are the main things to consider in the transition? This week, we decided to answer this question, to focus on restaurant...
View ArticleCan Texas Restaurant Owners Deduct the Costs of Repairs From Lease Rental...
Nearly all restaurant tenants face challenges with their lease at some point. Often these challenges come in the form of needed repairs to the property caused by the landlord’s substandard maintenance...
View ArticleWhen To Use Letters of Intent In Buying a Restaurant
Letters of intent can be confusing. Are they contracts? Are they binding? When should they be used? It’s important to know when to use letters of intent because they can be valuable tools that can save...
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