By Eric Thiergood | Published May 19, 2014 | Posted in Uncategorized | Leave a comment
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⟨ Using a Limited Liability Company to Shield You from Liability
One of the most common questions we hear when a client is starting a new business is “How can I make sure that I am protected from liability?” This critical question should be asked when considering any new business venture. The most effective method of limiting one’s liability in a new business venture is by Read More
Read MoreBuying & Selling a Business
Buying and Selling a Business Sharing Future Risk and Reward with an “Earn Out” In many transactions for the purchase or sale of a business, due to the uncertainty of future value that often comes with such transactions, we often use a tool called an “Earn Out” as a technique to allocate future risk and Read More
Read MoreWhat’s in a Name?
So, you’ve decided to go into business. You’ve locked down your startup funds, and you’ve laid out the perfect business model. But what are you going to call yourself? You want something catchy and distinctive, and you want people to like it. But can you call your business anything you want? The answer is simple—no—but Read More
Read MoreLandlords Beware of the Tenant Bankruptcy Scare
Hindsight is 20/20, at least that is what one Landlord might say after fighting for multiple months to regain possession of his property from a non-paying Tenant. In this case, the Tenant strategically filed a bankruptcy action the day before the Landlord was set to regain possession of his property. The result –possibly having to Read More
Read MoreLitigation and the Recovery of Attorney’s Fees: What to Reasonably Expect
The general rule in Texas is that each party to a lawsuit pays their own attorney’s fees, win or lose. There are, however, numerous exceptions. For instance, in lawsuits involving a breach of contract, rendered services, or (because this is Texas) killed or injured livestock, the law says that if you win, you are entitled Read More
Read MoreHelp Wanted
Help Wanted: Counsel’s Assistance for Probate Texas has taken great efforts to make the probate process as quick and affordable as possible while still maintaining the integrity of the system. As part of this overall theme, Texas recognizes several abbreviated probate process (e.g. independent administration, muniment of title, small estate affidavits) that require only limited Read More
Read MoreEstate Tax in 2014
Estate Tax in 2014 First let’s do a quick review and summary of the past few years. The federal estate tax exemption amount for tax years 2010 – 2012 was based on an Act signed by President Obama in December 2010. This law was drafted to end on December 31, 2012, which would have caused Read More
Read MoreI Hereby Waive and Release…
Waivers and Releases: Are They Even Binding? We have all seen them, a sign that reads “We are not responsible for any accidents… blah, blah, blah…” or have even signed a waiver that reads, “I hereby release XYZ Company for any damage or injury… blah, blah, blah…” The fact is, we live in very litigious Read More
Read MoreWhy Do People Dislike Lawyers?
Why Do People Dislike Lawyers? “We Only Have Ourselves to Blame” I am often told “lawyer jokes” by friends, business associates, mere acquaintances and even a client or two. We’ve all heard them: Q: What’s the difference between a good lawyer and a bad lawyer? A: A bad lawyer makes your case drag on for Read More
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⟨ 
AWARDS/AFFILIATIONS
