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Tips For Creating a Business Succession Plan

By Stephens | Domnitz | Meineke PLLC |

It’s vital for any business to have an established succession plan. The succession plan ensures the continuity of the business without unnecessary jockeying and conflict when the current vanguard retires or passes away. The plan also accounts for unexpected events, including what happens to the stakes owned by parties who unexpectedly die or divorce…. Read More »

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What Are the Types of Intellectual Property?

By Stephens | Domnitz | Meineke PLLC |

One of the most valuable tools in the arsenal of any business is intellectual property (IP) protection. Despite its utility, many business owners and entrepreneurs are unfamiliar with the various forms of IP, what they protect, and how they work. Below, we discuss the four principal categories of intellectual property protection. If you need… Read More »

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How to Resolve a Partnership Dispute

By Stephens | Domnitz | Meineke PLLC |

Business partnerships, like other relationships, are likely to involve at least some conflict. No partnership is perfect because no two people can agree on absolutely everything all the time. If you find yourself in a dispute among partners to a business, there are methods to utilize that can minimize disruption to the business and… Read More »

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What to Do If You Suspect Breach of Contract

By Stephens | Domnitz | Meineke PLLC |

Business relationships are forged through contracts. Contracts impose duties on each party: I deliver you goods or services, and you pay me in exchange. When a party violates the terms of a contract, the other party can suffer significant harm. The non-breaching party can find themselves in hot water with customers, clients, and other… Read More »

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Holding Companies vs. Shell Companies

By Stephens | Domnitz | Meineke PLLC |

The longer you own a business, the more you enter into the murky world of corporate governance. There are many options available to facilitate the growth of your enterprise, with decisions ranging well beyond whether to incorporate or file as an LLC. Below, we discuss a particularly opaque area of corporate law and governance:… Read More »

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Corporate Reorganization in Texas

By Stephens | Domnitz | Meineke PLLC |

Businesses change over time, or at least they should. Corporations that seek to increase profit or maximize efficiency may need to restructure the way the company is organized in order to serve those goals. There are a number of different avenues for corporate reorganization, and the optimal approach depends on the nature of the… Read More »

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Texas LLC Operating Agreement: What Should it Include

By Stephens | Domnitz | Meineke PLLC |

When you are forming an LLC, one of the most important documents you will generate is known as the Operating Agreement. The Operating Agreement is a fundamental part of Texas LLCs, and executing a thorough, thoughtful, and precise Operating Agreement can save the owners significant headaches and conflict down the road. Below, we discuss… Read More »

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Cease and Desist Letters in TX

By Stephens | Domnitz | Meineke PLLC |

Cease and desist letters are the bread-and-butter of business law. A business is using your copyrighted works without paying you royalties, an employee is brandishing your confidential corporate information to your competitors, an unsatisfied customer takes out a newspaper ad accusing you of fraud, etc., so you send a letter telling them to stop…. Read More »

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What is Tortious Interference in TX?

By Stephens | Domnitz | Meineke PLLC |

You have a business deal all set up. You’ve hammered out the details, you’ve agreed on a price and the services to be rendered. The deal might even pertain to an existing arrangement and you are simply continuing your trend of stellar deliverables. Then, inexplicably, your business associate cancels the deal. You find out… Read More »

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Residential Real Estate: What Happens Between Contract and Closing

By Stephens | Domnitz | Meineke PLLC |

For most people, buying a home will be the single biggest financial transaction of their lives. The process is far more involved and complex than many people realize before they go through it. It’s helpful to have a general roadmap for how residential real estate transactions will progress, to ensure all parties are prepared… Read More »

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