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Texas Non-Competes

April 8, 2015

A great article on Texas Non-Competes:  http://www.melderlaw.com/what-you-need-to-know-about-noncompete-agreements-in-texas/… Read the rest

Business Divorces – Post 4

April 7, 2015

This series focuses on “business divorce,” the break-up of a business between business owners due to disagreement or other circumstances.  A business break-up leads to either one owner continuing the business without the other owner, the forced sale of the business to a third party, or a total dissolution or winding up of the affairs of the business.  Because the situation can be contentious, it may lead to unnecessary litigation.  Shutting a business is often not a viable option, so it may be better for one member to either buy out the other member or sell its stake to the other member. … Read the rest

Business Divorces – Post 3

April 2, 2015

This series focuses on “business divorce,” the break-up of a business between business owners due to disagreement or other circumstances.  A business break-up leads to either one owner continuing the business without the other owner, the forced sale of the business to a third party, or a total dissolution or winding up of the affairs of the business.  Because the situation can be contentious, it may lead to unnecessary litigation.  Shutting a business is often not a viable option, so it may be better for one member to either buy out the other member or sell its stake to the other member. … Read the rest

Business Divorce – Post 2

March 31, 2015

Post 2

This series focuses on “business divorce,” the break-up of a business between business owners due to disagreement or other circumstances).  A business break-up leads to either one owner continuing the business without the other owner, the forced sale of the business to a third party, or a total dissolution or winding up of the affairs of the business.  Because the situation can be contentious, it may lead to unnecessary litigation.  Shutting a business is often not a viable option, so it may be better for one member to either buy out the other member or sell its stake to the other member. … Read the rest

Business Divorces – Post 1

March 26, 2015

Post 1

This series focuses on “business divorce,” the break-up of a business between business owners due to disagreement or other circumstances.  A business break-up leads to either one owner continuing the business without the other owner, the forced sale of the business to a third party, or a total dissolution or winding up of the affairs of the business.  Because the situation can be contentious, it may lead to unnecessary litigation.  Shutting a business is often not a viable option, so it may be better for one member to either buy out the other member or sell its stake to the other member. … Read the rest

An Easy Way for Texas Companies To Raise Money? A Discussion of the Texas Crowdfunding Exemption (Part 5)

January 5, 2015

Texas Crowdfunding Portal Registration and Activities (in Detail).

Simplified/Streamlined Registration Process. The simplified registration process for TCPs, which we discussed previously, is designed so that TCPs are subject to fewer regulatory requirements than general securities dealers, because they are limited in what they can do.[1]

No Investment Advice. Of note, a TCP is prohibited from offering investment advice or recommendations, so in listing issuers on its platform, it is important for the TCP not to provide an implicit endorsement or recommendation.… Read the rest

Personal Liability of Business Owners (1)

December 16, 2014

This post focuses on personal liability that individuals may face as business owners of corporations and/or limited liability companies (“Businesses”). Liability may be imposed even though certain business entities by their type and nature are designed to protect owners from business debts and liabilities. However, by taking certain precautions business owners can avoid being held personally liable for acts and activities of the Business.

Have You Thought About an ESOP?

May 1, 2012

Today I published an article that I co-authored with Claude Martel and Darrell Lensch giving a general overview of ESOPs.  You can see the article here:… 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.