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Jul Jul 13, 2017

Vacancy and Occupancy Clauses in Property Insurance

By |2019-11-21T02:55:15-06:00July 13th, 2017|Insurance Law & Subrogation, Real Estate Law|Comments Off on Vacancy and Occupancy Clauses in Property Insurance

Alot of commercial property owners use renter insurance to protect their property from damage or neglect. A lot of renter’s insurance policies excludes all coverage during vacancies. Unfortunately, the policies often fail to specifically define vacancies with any length of time or what exactly constitutes a vacant property. The confusion often leads to litigation when there is a difference of opinion between owners and insurance companies over whether a property was truly vacant. Insurance policies [...]

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Jun Jun 6, 2017

Oil and Gas Industry for Royalty Owners in Texas

By |2019-11-18T17:07:01-06:00June 6th, 2017|Oil Gas & Energy Law|Comments Off on Oil and Gas Industry for Royalty Owners in Texas

Many oil and gas royalty owners in Texas have been hit hard by declining oil prices. Some of our clients at The Woodall Law Firm PLLC have asked what they should expect near-term with regards to oil royalties. Oil price fluctuations are sensitive to several factors like geopolitical turmoil, economic output, and consumer demand. Recently, the United States of America has increased its oil production significantly. Oil production in the US exceeds nine million [...]

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Jun Jun 4, 2017

What You Should Know About Executive Compensation

By |2019-11-21T02:59:31-06:00June 4th, 2017|Labor & Employment Law|Comments Off on What You Should Know About Executive Compensation

Salary negotiations are usually straightforward. After a successful interview, an offer is made and then the new hire and employer negotiate in a certain range until both parties are happy. Talks typically center around a salary number. A lot of employers have taken to posting salaries more openly because information is freely available online or they don’t want the hassle of the back and forth. Arranging compensation packages for executive-level hires is very different [...]

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Jun Jun 2, 2017

What is Large Loss Subrogation?

By |2019-11-21T03:01:57-06:00June 2nd, 2017|Insurance Law & Subrogation|Comments Off on What is Large Loss Subrogation?

Subrogation allows insurance providers to recoup money it paid out because of actions taken by a third party. I cost are high enough, subrogation can mean individuals can be forced to pay back insurers for medical and other costs that were no fault of their own. Subrogation can significantly cut into any compensation from a personal injury ruling. Most insurance plans have some form of subrogation clause. It’s important that the insured be aware [...]

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May May 31, 2017

How to Avoid Common Construction Contract Issues

By |2019-11-18T17:13:52-06:00May 31st, 2017|Construction Law|Comments Off on How to Avoid Common Construction Contract Issues

Even though everyone hopes the best for construction projects, it’s best to plan for worst case scenarios. Proper planning will help protect individuals and businesses from liability, overrun costs, or being taken advantage of by unscrupulous people. A lot of external factors like weather, shipping delays, accidents and other issues can also slow up and complicate construction work. Parties involved in construction projects can protect themselves by making sure that all contingencies are accounted [...]

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May May 31, 2017

Disclosures in Real Estate Transactions

By |2019-11-21T03:11:52-06:00May 31st, 2017|Real Estate Law|Comments Off on Disclosures in Real Estate Transactions

Full disclosure is a key component of business transactions. When it comes to property deals, disclosure is vital. Most real estate transactions include a full disclosure requirement meaning all details of the deal are truthful and forthcoming to the best knowledge of the parties involved. Special emphasis is placed on disclosure of any items that would cause the other party to withdraw from a deal. A business attorney can help make sure full disclosures [...]

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May May 31, 2017

How Can A Business Attorney Help You With Your Business

By |2019-11-21T03:06:39-06:00May 31st, 2017|Business Law|Comments Off on How Can A Business Attorney Help You With Your Business

No matter where you are in building your business, making an early connection with an established business attorney will help you succeed. All around Texas, businesses small and large work with attorneys to protect their interests. The Woodall Law Firm PLLC works with customers, from entrepreneurs to large brands to help them with any legal issues. The right business attorney can help walk you through all the required documents and regulations involved in opening [...]

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