Do Texas Inspection Laws Apply to Foreign Corporations – Part Two

Is a shareholder’s right to inspect corporate documents an “internal affair” of the corporation? If so, then the law of the state of incorporation applies. If...
  498 Hits
498 Hits

Do Texas Inspection Laws Apply to Foreign Corporations – Part One

A very important issue of corporate law is currently pending before the Texas First Court of Appeals in the case of Hartman Income REIT, Inc. v....
  483 Hits
483 Hits

When Does the Business Judgment Rule Not Apply?

When does the business judgment rule not apply to a claim of mismanagement?Obviously, the business judgment rule does not apply to a claim not brought under...
  1873 Hits
1873 Hits

Texas Business Judgment Rule Defense

“The business judgment rule in Texas generally protects corporate officers and directors, who owe fiduciary duties to the corporation, from liability for acts that are within...
  445 Hits
445 Hits

Can Fiduciary Duties Be Waived in a Settlement

Waiving Fiduciary DutiesSettlements of shareholder disputes may later be attacked and set aside if the settlement violated fiduciary duties owed by the defendant to the plaintiff....
  601 Hits
601 Hits

LLC Oppression Remedies Under §11.314

Texas Business Organizations Code section 11.314 provides that the limited liability company becomes subject to district court jurisdiction to order winding up and termination if a...
  464 Hits
464 Hits

How to Kill a Perfectly Good Lawsuit with a Motion to Show Authority in Texas.

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...
  2562 Hits
2562 Hits

Texas Shareholder Oppression in the Legislature

Will the Texas Legislature Restore the Shareholder Oppression Claim?The Texas Supreme Court's Ritchie v. Rupe decision overturned the Texas shareholder oppression doctrine. The implications for Texas...
  330 Hits
330 Hits

Forming a General Partnership in Texas

When Is a General Partnership Formed Under Texas Law?There is much confusion over the law governing the formation of general partnerships in Texas. The Texas Revised...
  1041 Hits
1041 Hits

Texas Civil Practice and Remedies Code 38.001 for Breach of Fiduciary Duty

Can a Plaintiff Recover Attorney’s Fees Under Texas Civil Practice and Remedies Code 38.001 for a Tort Cause of ActionTexas is one of the more liberal...
  1364 Hits
1364 Hits