Dallas Business Attorney: Setting the Course for Your Business Exit
Dallas Business Attorney: Setting the Course for Your Business Exit In order to grow a successful business venture it is important to have a solid business plan. In order to have a solid business plan, it is necessary to have an exit strategy that covers the Four D’s: Death, Disability, Divorce and Departure. In the […]
Texas Business Attorney: What is a Partnership?
A general partnership is an association of two or more persons to carry on a business for profit as owners. A general partnership is created regardless of if the persons intend to create a partnership or not, or whether the association is called a “partnership” or other name. SeeTexas Business Organizations Code Section 152.051. Texas […]
Enforceability of Non-Compete Agreements: Fact or Fiction?
Contrary to popular belief, non-compete agreements are generally enforceable in Texas. However, the non-competes have to be narrowly tailored to hold up in a courtroom. Specifically, the scope of the agreement has to be limited to: 1) a particular geographic area and 2) a limited amount of time. Texas courts have stated that two to […]
