Category Archives: Business Law
Benefits of Forming a Series LLC in Texas
A limited liability company (LLC) is a very common business organization that is recognized in every state. An LLC has the liability protections of a corporation but is taxed like a partnership. A relatively new variant is the “series LLC.” In this form of organization, a parent or master LLC is authorized to create subsidiaries […]
How to Include an Effective Dispute Resolution Clause in Your Contract
When it comes to contract disputes, most people think of going to court as the legal remedy. However, there are other available options that can be more cost-effective and time-efficient than litigation. One such option is alternative dispute resolution (ADR) — a shorthand term for a variety of methods that don’t involve a judge or […]
Using Earn-outs to Structure Business Sales Agreements
Buying and selling businesses is an integral part of the economy. Placing a realistic value on a business is a material part of a buy-sell transaction. However, valuing a business — especially a closely held one — can be challenging. Buyers and sellers often have vastly different appraisals of the business’s value. Buyers are purchasing […]
