Dallas Business Attorney: Choosing the Right Corporation
Dallas Business Attorney: Choosing the Right Corporation What is an S corp? How is it different from other corporations? When you incorporate your business as a corporation, you do so at the state level. Corporations can then elect to be treated under Subchapter C or Subchapter S of Chapter 1 of the Internal Revenue Code. A corporation […]
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: The History of Labor Day
Every year around this same time all my family and friends began discussing what the plans are for the long Labor Day weekend, which always includes barbecuing, relaxing by the pool, or last but not least, spending the entire weekend watching college football. However, few of us know the history of the “American Worker’s Holiday.” […]
Texas Business Attorney: Loser Pays!
Texas Business Attorney: 2011 Tort Reform: Loser Pay takes effect September 1, 2011 In Rick Perry’s state of the union address back in February, he called for sweeping tort reform, most notably the “loser pays” component. He also addressed the need to have early dismissal for obviously frivolous lawsuits, expeditions of trial and limited discovery. […]
Dallas Business Attorney: To trademark, or not to trademark?
Dallas Business Attorney: I speak to many small business owners each week, and one of the main questions I receive is whether they should file for a trademark. To clarify, a trademark is a word, phrase, symbol or design, or a combination of those, that identifies and distinguishes a distinct good of the registering party. […]
Texas Business Lawyer: Appeal’s Court Sides With States, Not President Obama Over Health Insurance Debate
The 11th Circuit of Appeals ruled today that the individual mandate in the health care overhaul package that requires all Americans to carry health insurance or face penalties is unconstitutional. Initially, 26 states filed suit to block the health care package, claiming the entire package was unconstitutional; while the Justice Department claimed the law falls […]
TEXAS BUSINESS LAW UPDATE:NON-COMPETITION AGREEMENTS EASIER TO ENFORCE
A few blog entries ago I discussed the enforceability of noncompete agreements. In that article, I mentioned that noncompete agreements may be enforced if they contain reasonable limitations with respect to geography, time and scope of the activity and if they are ancillary to an enforceable agreement. On June 24, 2011, the Texas Supreme Court […]
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 […]
