Dallas Business Lawyer: Choosing the Right Business Entity
Choosing the Right Business Entity What kind of business entity should you choose for your Dallas business? A corporation? Partnership? Limited Liability Company? Something else? The answer depends on many factors. The foremost issue in most business people’s minds when forming an entity is protection from personal liability for the business’s debts. Another important factor […]
Texas Business Attorney: What Constitutes a Foreign Corporation?
Texas Business Attorney: A foreign corporation is a corporation organized under the laws of another state than Texas. Foreign corporations have no right to transact business in until an application for registration is filed with the Texas Secretary of State’s office. The application must be verified and executed by an officer of the corporation. Upon […]
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: “FOOTBALL’S BACK!!”
I dusted off my Cowboys jersey on Monday after NFL Commissioner Roger Goodell announced that the NFL lockout was finally over after the owners and players agreed to a new collective bargaining agreement (the “agreement”). A collective bargaining agreement functions as a labor contract between an employer and union(s). Collective bargaining agreements regulate working conditions […]
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 […]
Caution: Workplace Retaliation on the Rise!
Last year, the Equal Employment Opportunity Commission (“EEOC”) received 36,258 charges for retaliation, thereby surpassing all other discrimination complaints, including race and sex discrimination, to become the number one filed charge with the EEOC. This sharp increase of complaints is due in part to the broad scope of federal and state retaliation laws. To […]
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 […]
