Loading...
Aug Aug 16, 2017

Oil and Gas Law: Lease Bonus and Royalty Payments

By | 2017-08-16T12:49:00+00:00 August 16th, 2017|Oil Gas & Energy Law|0 Comments

If you own oil and gas rights under a tract of land, you may receive an offer from someone wishing to lease those rights. This offer will often come from a company who is interested in drilling for oil or natural gas. This party is called the Lessee. In your lease offer, you will see several different numbers. Two of these numbers are the "bonus" and the "royalty." Our oil and gas law attorneys [...]

Aug Aug 10, 2017

Ethics Policies: Labor & Employment Law

By | 2017-08-10T09:44:48+00:00 August 10th, 2017|Labor & Employment Law|Comments Off on Ethics Policies: Labor & Employment Law

As business owners, you spend a substantial amount of time and resources selecting your employees; and you trust that your investment has generated an honest, hard-working group of people. So, who needs a policy on ethics? Your employees know right from wrong, don’t they? Ethics policies are more than sandbox rules known to every employee. Like a wellness program, an ethics program is a way of life that should be embodied in the operation [...]

Aug Aug 3, 2017

Real Estate Law: Purchasing Property in Texas

By | 2017-08-03T08:48:36+00:00 August 3rd, 2017|Real Estate Law|Comments Off on Real Estate Law: Purchasing Property in Texas

At Woodall Batchelor PLLC, we understand that the conventional wisdom you commonly hear is that real property is a solid investment—after all, they aren’t making any more of it, and it’s often billed as “one of a kind.” Of course, just because the wisdom is conventional doesn’t mean it’s always correct. In actuality, there are a multitude of considerations that potential real property purchasers should take into account, and a careful review of these [...]

Jul Jul 27, 2017

Mechanic’s Liens: Preserving Your Rights

By | 2017-07-27T16:05:38+00:00 July 27th, 2017|Construction Law|Comments Off on Mechanic’s Liens: Preserving Your Rights

At Woodall Batchelor PLLC, we understand that the ability to enforce mechanic’s liens rights depends on careful consideration before, during, and after construction. Here are a few of our best suggestions for preserving mechanic's liens rights. Draft mechanic's liens with precision Judges are instructed to carefully review mechanic’s liens and invalidate certain inaccurate liens.  Ensure you have an accurate and precise description of the owner, contractor, property, type of work, licensure information, affidavit and [...]

Jul Jul 20, 2017

M&A Process: Selling Your Business

By | 2017-07-20T09:06:32+00:00 July 20th, 2017|Business Law|Comments Off on M&A Process: Selling Your Business

Most entrepreneurs and business owners understand that a primary goal for many, if not most, startups and tech companies is to eventually sell the company, even if the founders intend to remain with the company. It goes without saying that selling your company can result in an enormous payday and provide continued vitality for the company going forward. That said, it’s critical that owners/entrepreneurs comply with legal requirements and protect their legal interests throughout [...]

Jul Jul 13, 2017

Vacancy and Occupancy Clauses in Property Insurance

By | 2017-07-13T14:47:58+00:00 July 13th, 2017|Insurance Law & Subrogation, Real Estate Law|Comments Off on Vacancy and Occupancy Clauses in Property Insurance

At Woodall Batchelor PLLC, we work with many commercial property owners whose renter's insurance policies have a provision that excludes all coverage if a building is vacant for a certain amount of time. Unfortunately, many of those same policies fail to define “vacant” or ‘vacancy.” So what does that lead to? If you guessed litigation, you’re absolutely right. Let's review some of the key terms in vacancy and occupancy clauses in property insurance. The vacancy and [...]

Jun Jun 6, 2017

Oil and Gas Industry for Royalty Owners in Texas

By | 2017-07-13T14:50:25+00:00 June 6th, 2017|Oil Gas & Energy Law|Comments Off on Oil and Gas Industry for Royalty Owners in Texas

With the rise and fall of oil prices, many royalty owners are often asking, "What’s next?" But, before we get to some general ideas, we have to understand how we arrived at this point. The United States has long dreamed of a nation that is energy dependent and that drive will help drive oil off a cliff. America began producing shale oil at record levels at an average daily production of 9.65 million barrels [...]

Jun Jun 4, 2017

What You Should Know About Executive Compensation

By | 2017-07-13T14:51:06+00:00 June 4th, 2017|Labor & Employment Law|Comments Off on What You Should Know About Executive Compensation

In most occupations, it’s a fairly simple matter for job applicants to negotiate the salary they want. Typically, there is a reasonable salary range for a given position, and the negotiation takes place within that predetermined range. In some cases, the exact salary is calculated in advance and listed in the job posting, so there may be no room to haggle. At Woodall Batchelor PLLC, we understand that this process is substantially different for so-called [...]

Jun Jun 2, 2017

What is Large Loss Subrogation?

By | 2017-07-13T14:51:46+00:00 June 2nd, 2017|Insurance Law & Subrogation|Comments Off on What is Large Loss Subrogation?

Subrogation can have substantial impact on any potential compensation for your personal injury.  Subrogation enables your insurance provider (“insurer”) to recoup all money it was forced to pay because of the actions of a third party.  Thus, due to subrogation, individuals injured through no fault of their own are oftentimes still required to reimburse their insurer for any medical treatment stemming from these injuries.  An insurer can only subrogate if your plan contains provisions/language enabling it do [...]

May May 31, 2017

How to Avoid Common Construction Contract Issues

By | 2017-07-13T14:52:29+00:00 May 31st, 2017|Construction Law|Comments Off on How to Avoid Common Construction Contract Issues

In any construction project, it's safest to start out by assuming that everything that can go wrong, will. While many projects may finish on time and under budget with zero problems along the way, the odds are good that weather, changing supply costs, shipping delays, job site accidents, or other setbacks will come up. When they do, there needs to be a plan in place for how the work will continue and if and [...]