Business disputes may arise from conflicts involving contract terms. However, they might only be as valid as the existing contract. It should meet specific conditions to become enforceable, which usually varies depending on state law. In Texas, a valid contract can be...
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How do shareholder derivative suits address disputes?
Shareholders have unique and vital roles in a corporation, considering their investments allows the business to operate and flourish. Depending on their shares, they can influence the company's direction by exercising their rights appropriately. These obligations can...
How can a partnership agreement address disputes?
Establishing a partnership is a viable option to grow your business. Aside from bringing in another party to contribute, it can also introduce valuable resources and expertise that can be beneficial over time. Still, these arrangements are not immune to conflicts,...
Ownership Transfer Restrictions By R Scott Alagood
Many individuals form business organizations for various reasons. Some of the most common reasons are to address tax matters, limit liability, provide a specific or perpetual duration, and address ownership transferability issues. The Texas Business Organizations Code...