A revocable living trust is an estate planning document that allows its trustee to actively control many properties and possessions during an entire lifetime. Both new and older possessions can be freely moved in and out of this trust and …
Intellectual Property Concerns for Texas Businesses
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 …
Good News from the Supreme Court
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 …
Buying a New Company: Conducting Due Diligence
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?
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 …
Notice of Default and Intent to Accelerate – When are Notice Waivers Valid?
A lender must provide notice of default and intent to accelerate to a borrower before initiating foreclosure proceedings, and it is standard practice for lenders to include waivers of the notice requirement in the promissory note, the deed of trust, …
Types of Real Estate Documents: Texas Real Estate Lawyers in Houston
Every real estate transaction requires the preparation of legal documents – what are some of the more common real estate documents that are required in Texas? Murray Lobb’s Houston, Texas real estate attorneys have represented owners, developers, financial institutions, and …
Important Tips for Buying or Selling A Home During the Pandemic
Your personal health and financial interests must remain your chief concerns if you are thinking about buying or selling a home now. And with some health experts stating that the pandemic may last well into 2021 (or longer) – it …