Category: Business Law

In an asset purchase, a buyer acquires specific assets and, generally, only the liabilities it agrees to assume, while in a stock purchase, the buyer acquires ownership of the company itself, including all of its existing liabilities. The choice affects tax treatment, liability exposure, and how much of...

A Houston business typically needs outside corporate counsel once it has employees, signs recurring contracts, or faces regulatory requirements that a single ad hoc phone call to a lawyer can no longer keep up with. Outside general counsel provides ongoing legal support across contracts, employment, compliance, and growth...

A revocable trust can be changed or canceled by the person who created it at any time during their life, while an irrevocable trust generally cannot be modified without the beneficiaries' consent once it's established. Revocable trusts are used mainly to avoid probate and keep an estate plan...

A family limited partnership, or FLP, is an estate planning structure made up of two entities: a general partner that retains control and one or more limited partners who hold an ownership interest without management authority. Families use FLPs to move business or investment assets to the next...

Business succession planning is the process of legally preparing for a change in ownership or leadership before it happens, whether through retirement, death, disability, or a sale. For Texas business owners, it works alongside a personal estate plan rather than replacing it, since a company's ownership interest is...

A confidentiality agreement is only as strong as its drafting. A well-written NDA can protect trade secrets and deal information, but it cannot silence whistleblowers, lock up public knowledge, or replace a non-compete.

Every growing business eventually reaches a point where sharing sensitive information becomes...

Transferring a business in Texas means moving either your equity interest or the company's assets, and the right structure depends on your entity type and goals. A buyer who closes without a tax clearance can be left liable for the seller's unpaid state taxes up to the purchase...

In Texas, every LLC, corporation, and limited partnership must name and continuously maintain a registered agent. Lose that agent, and the state can step in as your agent for lawsuits, or even move to shut your company down.

If your business is a registered entity,...

Texas law does not require a shareholder agreement, but the default rules in the Business Organizations Code often do not match what co-owners intend. The best time to create one is before a dispute or transition arises.

You and a co-founder split equity 50/50 over...

TRAIGA took effect on January 1, 2026. Texas businesses that develop, deploy, or sell AI-powered products to Texas residents now face civil penalties up to $200,000 per violation, with no private right of action, but exclusive enforcement by the Texas Attorney General.

The vendor demo...