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You and your business partner are fighting. He hires a lawyer and has the company sue you. What's wrong with this picture? Why is our company...

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Corporations are so ubiquitous that it is surprising that they are a relatively recent legal development. Here is a history of the development of the Texas...

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What is a corporation? How is it different from a partnership? What are the legal obligations? Attributes of the corporate entity The corporate structure allows the...

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Choosing the Business Entity The selection of a type of business ownership is a decision that a person should make, in consultation with an attorney and...

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Texas law governing minority shareholder rights is complex and full of traps for the unwary. Texas lawyers get it wrong every day--frequently exposing their clients to...

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As a general rule, buy-sell agreements are important protections against shareholder oppression. The reason that oppressive tactics are so effective is that the minority shareholder is...

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Capital Structure-Debt vs. Equity Generally speaking, corporations raise capital through debt or equity or a combination of both. Equity investments—the purchase of shares issued by the...

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