What are the corporate fiduciary duties of corporate officers and directors in Texas? When corporate officers and directors make decisions and take actions on behalf of the corporation, they must put the company’s interests above their own and take care …
There are no employer drug testing laws in Texas for private employers, although there may be workplace drug testing requirements or restrictions for some government employers, employers subject to DOT’s drug testing rules, companies with federal contracts or grants, and …
Your business’s intellectual property may be among its most valuable assets, and protecting those assets is critical to your company’s success. In this article, we will discuss how your Houston, Texas intellectual property lawyers can help you to understand and …
City of Chicago v. Fulton: §362’s Automatic Stay Provisions do not Apply to Property in a Creditor’s Possession at the Time of Filing of a Bankruptcy Petition In City of Chicago v. Fulton, decided January 14, 2021, the US Supreme …
How do you form a nonprofit corporation in Texas? You are not required to incorporate to form a nonprofit organization in Texas, but many nonprofits do to take advantage of both the tax-exempt status of a nonprofit organization and the …
Can you set up an anonymous LLC in Texas? Although Texas law does not permit anonymous LLCs to be formed within the State of Texas, you can protect your LLC’s privacy by setting up your LLC in a state that …
In Prosper Florida, Inc. v. Spicy World of USA, Inc., a Texas appellate court was presented with the question: “Who should bear the loss between a buyer and seller of goods when someone fraudulently misdirects payment for the goods to …
Depending on the nature and size of the business you’re interested in buying, the process of completing due diligence can be straightforward or complex. Fortunately, the basic steps you’ll need to follow are rather standard. After your lawyer has negotiated a …
What is the difference between “retainage” and “reserved funds” under the Texas Property Code? In amendments that were effective as of January 1, 2022, the legislature changed the terminology in the Texas Property Code – “required retainage,” or the amount …
For over twenty-five years, Murray-Lobb Attorneys have been providing trustworthy and expert legal counsel. Our goal has always been to give our clients the highest return on their investment and to help solve problems in various facets of life, including …
