What Is a Limited Liability Company? A limited liability company, or LLC, is a business entity that is formed under state law that combines characteristics of a corporation and a partnership. They are similar to corporations in that an LLC’s members are not liable for the debts of the business,… Continued
When forming a limited liability company (LLC), one of the most important steps to establish a clear and effective operating agreement. An operating agreement is a document that sets out guidelines regarding the way that the business is going to be run. While Texas Law does not require an LLC… Continued
Selling your company can be a wise and lucrative business decision, however, mergers and acquisitions are always complicated endeavors for Texas companies. With the right legal advice and strategy, you can ensure a sale goes through with fewer complications and maximized profits. The following are some tips for selling your… Continued
A hedge fund can be a risky endeavor, just like any type of business enterprise. However, with the right planning and strategy for growth, a hedge fund can be supported by sound investments and accredited investors. It is important to have the advice and guidance of a highly skilled business… Continued
As technology has led to new methods of large-scale information and identity theft, protecting consumer data has become a primary concern for businesses large and small. Privacy laws are continually being amended and updated to increase a company’s legal duty of care when it comes to handling, storing, and protecting… Continued
If you’re looking for a guide to shell corporations, then this this the blog for you. There’s a lot to know from a legal standpoint, and we’ll spend some time here sorting through best practices for shell corporations. As business formation lawyers, we can also look at various other legal… Continued
Texas entrepreneurs have many different options when selecting a business entity for their new ventures. Corporations, limited liability companies, partnerships, and sole proprietorships all have different benefits and risks that owners must carefully assess before starting the process of legal formation. An experienced Texas business attorney can help you select… Continued
Texas businesses hold legal interests in complex combinations of intellectual property. Many tools can protect these business assets, and businesses can tailor these protections to their specific needs and assets. One popular form of protection is the non-compete agreement. Learn more about the operation of a non-compete agreement, and how… Continued
Every day, Houston business owners conduct transactions that call for the exchange of vast amounts of goods, services, and finances. They complete many of these transactions without complications—but not others. When ambiguities arise, the parties can waste time and money attempting to resolve the issue. A clear, enforceable written contract… Continued
Business contracts can be complicated, and they can be challenged, disputed, misinterpreted, and deconstructed in many ways. These disputes waste significant amounts of time and money. More importantly, they jeopardize the legal interests and financial health of the businesses involved. An experienced Texas business attorney, however, can draft your contracts… Continued