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Archive for for December, 2016

Head East Young Man: Moving Your Business from California to Texas (Part II of IV)

December 10, 2016

So if you are considering moving your company from California to Texas, how is it done?

Like most things it will probably be easier if broken down into steps.

Step 1 – Where are you Legally Formed?  The first step is to assess where things stand currently. Many business owners form a company in the state they start operations. So many businesses operating in California are California entities, in the form of LLCs (limited liability companies), corporations or limited partnerships.  However, some entities are formed in other states, like Delaware.… Read the rest

The 3 Laws of Empowerment: What if it's just me in my business?

December 9, 2016

R. Shawn McBride recently published an article to the McBride For Business Blog on a topic that might be of interest: The 3 Laws of Empowerment: What if it’s just me in the business?

He examines how to protect yourself in business if you have a single owner business.

You can see the full article here.

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Make sure you download our free reports on how to build your company the right way: http://www.mcbrideattorneys.com/report-library/ Read the rest

Personal Liability for Environmental Violations (Part II)

December 8, 2016

In Morello v. State,[1] White Lion Holdings, L.L.C. (“White Lion”), a company owned by Morello, bought a piece of real property that was previously used as a pipe-manufacturing facility.  The previous owner of the property had a state-issued compliance plan to clean up groundwater contamination at the facility, which was also transferred to White Lion after the purchase.  A few years later, the State of Texas sued White Lion for failure to adhere to the requirements of the compliance plan and sought to hold Morello individually liable as the manager and operator of the company. … Read the rest

The Mistake of Frugality in Business: Why Saving Money is Costing you Big Money

December 7, 2016

R. Shawn McBride recently published an article to the McBride For Business Blog on a topic that might be of interest: The Mistake of Frugality in Business: Why Saving Money is Costing you Big Money.

He discusses business expenditures and fiscal responsibility.

You can see the full article here.

This posting is intended to be a tool to familiarize readers with some of the issues discussed herein.  This is not meant to be a comprehensive discussion and additional details should be discussed with your attorneys, accountants, consultants, bankers and other business planners who can provide advice for your circumstances. Read the rest

Personal Liability for Environmental Violations (Part I)

December 6, 2016

As you know, one of the principal advantages of forming a limited liability company or corporation is that it offers protection from liability for business debts and obligations.  As you also know by now, however, this liability shield is not absolute.  We explained in our previous blog series “LLC Update: Piercing the Corporate Veil” that in certain limited situations, courts may “pierce the corporate veil” to hold LLC members liable for business debts and obligations, especially when they operate the business without the requisite corporate formalities, commingle personal and business finances, and/or use the business entity to avoid creditors. … Read the rest

Having a Real Conversation with Your Attorney: Setting Objectives and Saving Costs

December 5, 2016

How can you have a conversation with your attorney early in the process and keep your future costs down? I think one of the keys is setting objectives with your attorney. You really need to get to know your attorney, and talk about what you’re trying to accomplish, and why. Next, you should work together from there on making sure that those objectives are met in a way that meets your needs. What does this mean? This means having a very upfront conversation with your attorney.… Read the rest

Work Culture Leading to Explosions?

December 5, 2016

R. Shawn McBride recently published an article on the McBride For Business Blog on a topic that might be of interest: Work Culture Leading to Explosions?

He discusses the recent NPR article that took the position on work culture of Samsung phones which led to certain defects not being addressed.

You can see the full article here.

This posting is intended to be a tool to familiarize readers with some of the issues discussed herein.  This is not meant to be a comprehensive discussion and additional details should be discussed with your attorneys, accountants, consultants, bankers and other business planners who can provide advice for your circumstances. Read the rest

Head East Young Man: Moving Your Business from California to Texas (Part I of IV)

December 3, 2016

Numerous articles in the popular press have shown the demographic shifts and that a lot of people are moving from California to Texas.[1]  Naturally some of the people moving into Texas are going to be business owners. While we don’t have the hard statistics, our hunch is that there are a lot of business owners that are part of the migration.

In this multi-post blog series we’ll look at why this is happening and some of the things to do to make it happen.… Read the rest

All postings are intended to be planning tools to familiarize readers with some of the high-level issues discussed therein. No posting is intended to be a comprehensive discussion and additional details should be discussed with your transaction planners including attorneys, accountants, consultants, bankers and other business planners who can provide advice for your circumstances. This article should not be treated as legal advice to any person or entity.