By Eric Thiergood | Published January 24, 2017 | Posted in Business Law, Uncategorized | Leave a comment
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Eric Thiergood
What’s Good for the Goose… Part 3a – Stock Purchase, the Seller’s Perspective
In Part 3a of our series “The Components of a Business Purchase and Sale from the Buyer’s and Seller’s Perspective” we will discuss the advantages and potential disadvantages of a stock sale from the buyer’s perspective. In a stock sale (or in the event of a limited liability company, a membership interest sale (both Read More
Read MoreWhat’s Good for the Goose… Part 2a – Asset Sale, the Seller’s Perspective- Obligated to Keep Certain Assets and Liabilities.
In Part 2b of our series “The Pros and Cons of Components of a Business Purchase and Sale from the Buyer’s and Seller’s perspective” we will look at the potential disadvantages a seller could face if the sale of his or her business is structured as an asset purchase as opposed to a stock (in Read More
Read MoreWhen a Texas Business is Required to Register in a Different State
The use of social media and e-commerce has allowed even the smallest of small business retailers to market and sell goods outside of their home state. In fact, many “one-person shop” retailers that rely solely on distribution through popular e-commerce platforms such as eBay and Etsy attribute the majority of total annual revenue to sales Read More
Read MoreProperly Terminating an Entity
Failing to properly terminate or “wind down” an inactive corporation or LLC is a potentially costly mistake many Texas business owners make. While the steps involved in terminating an entity are relatively straight forward, the potential legal ramifications for failing to properly do so can be significant. While most small business owners are aware that Read More
Read MoreWhat’s Good for the Goose…
Part 1 – The Pros and Cons of components of a business purchase and sale from the Buyer’s and Seller’s perspective. We have all heard the old adage “What’s good for the goose is good for the gander.” While this is true in many life situations, this wise saying is often times not applicable in the Read More
Read MoreFinding Funding for Your New Business
Thinking about starting or buying a new or existing business? While that decision is undoubtedly a hard one, the next decision can be equally, if not even more, difficult. How did I pay for it? How to fund the purchase of a business is a question that we have help clients through countless times at Read More
Read MoreRegistered Agents for Texas Entities
Section 5.201(b) of Texas Business Organizations Code (the “TBOC”) requires that every domestic or foreign filing entity (including without limitation, any limited liability company, corporation, limited partnership, non-profit corporation, and professional association) maintain a registered agent and a registered address in Texas. Failure to comply with these statutory requirements will result in the Secretary of Read More
Read MoreSo what exactly is “Corporate Immigration?”
As you are likely aware, illegal immigration has become somewhat of a “hot button” topic over the last several years, particularly now with presidential elections looming. Important distinctions, however, exist between corporate immigration and the personal illegal immigration that have grabbed the headlines lately. Corporate immigration, as the name implies, is the process through which Read More
Read MoreIs Time Really of the Essence?
Is Time Really of the Essence? Time is of the Essence. Though many have seen these five words in a contract, few actually understand the legal impact of this provision. Simply put, this provision means that if there are dates or deadlines contained in the contract, those dates are of critical importance, and strict compliance Read More
Read MoreSo, How Important are Corporate Formalities Anyway?
Typically, one of the most prevailing reasons that a business owner decides to incorporate their business is to shield them from or limit their personal liability for the debts and obligations of the business. While this is an important first step, simply forming a corporation or a limited liability company is generally not enough to Read More
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