Construction Law Not Exclusively Contractual

New Mexico attorneys who practice construction law rely on the actual contracts between parties to a dispute. However, not all matters of dispute in construction cases get litigated just on the basis of contractual claims. New Mexico litigators rely on a variety of claims in construction cases, the nature of each being described below: Negligence…

Read More

Chapter 13’s benefits over Chapter 7

In the last several years, many New Mexico residents, have considered whether filing for bankruptcy makes sense because they have lost their jobs, incurred extremely high medical bills or faced home foreclosures. Although many people have a general idea about bankruptcy, they do not necessarily have a deep understanding of the process.   For the…

Read More

Loan Workouts; Nipping it in the Bud

About two decades ago the acclaimed and prolific novelist, Tom Wolfe, came out with the book, A Man In Full. The novel was about a fictional developer who owned many high-rise buildings and office parks in the metropolitan Atlanta area. One of the problems this character faced was that he was failing to make his…

Read More

Exacerbating the Problem of Contract Breach

At some point in their careers, experienced business people believe they can handle certain problems without first consulting with their attorneys. This often happens when decision makers have addressed certain issues before but do not recognize a specific issue which may affect the outcome of their dispute. The following dispute between a commercial landlord and…

Read More

Beware of Extra Fees in Commercial Leases

When business owners look for a location for their business, they should have some concerns about negotiating their commercial lease. Unlike residential leases which often charge monthly rent and a late fee, commercial leases in New Mexico often contain many other charges beyond the base rent. Commercial landlords seek to recoup many of the expenses…

Read More

A First Step in Starting a New Company

One of the most important steps in starting a new company is determining the type of business entity to form: an individual proprietorship, a partnership or a type of corporation.  In New Mexico, you can form one of three types of partnerships: General partnership Limited partnership Limited liability partnership As for corporations, you can form…

Read More