Company Blog
Disadvantages of a General Partnership The Texas Business Organizations Code defines a partnership as “an association of two or more persons to carry on a business for profit.” Whether those individuals intend to create a partnership is immaterial for determining whether a partnership is formed. Because of this, business partners who decline to create an […]
The Importance of a Buy/Sell Agreement Many small business owners understand the importance of creating an LLC or similar entity to protect the individual owners from potential liabilities of the company. However, standard operating agreements or bylaws of these entities typically do not include stipulations covering what will happen in a prospective event that will […]
FTC’s Final Rule – Are Non-Competes Completely Unenforceable? The Federal Trade Commission (FTC) issued a final rule finding non-compete clauses in connection with employment relationships to be in violation of Section 5 of the FTC Act and bans employers from entering into or enforcing non-compete clauses nationwide. The FTC issued this rule on April 23, […]
Post-Marital Agreements Waldron & Schneider recently published a post detailing the necessities and utility of entering into a premarital agreement or prenup. This blog post follows by detailing post-marital agreements as an option for dictating the terms for property distribution in the event of a divorce. Post-marital agreements may additionally be referred to as postnuptial, […]
Enforcement of an Unwritten Contract A contract is typically a document between two or more parties which lays out an agreement by each side to perform certain actions. Sales of homes, purchases of businesses, and insurance agreements are all common examples of lengthy pages of terms and conditions which are eventually signed before the contract […]
Vicarious Liability of an Employer In 2022, the Texas Supreme Court heard Cameron International Corp. v. Martinez regarding potential liability of an employer for an employee’s car wreck after leaving a jobsite. The facts of the case included an oilfield worker leaving a four-day job to meet his supervisor for dinner before restocking his personal […]
Supreme Court of Texas Contract Interpretation Case On November 2, 2023, the Supreme Court of Texas issued an opinion in U.S. Polyco, Inc. v. Texas Central Business Lines Corp. regarding contract interpretation. Specifically, the case involved a contract requiring further writings for certain land improvements to be made. The contract did not specify whether these […]
What is a Prenup, and Should I Get One? A prenuptial agreement is used to define the rights and obligations of couples who are about to marry. Depending upon the nature of your relationship with your future spouse, it may be prudent to first enter into a prenup to protect your rights and interests. A […]
Series LLC In 1996, Delaware introduced the idea of a series LLC, a single entity containing a number of “series” within it which hold separate properties or business operations. Since then, states have slowly begun to incorporate series LLCs into law, including Texas which did so in 2009. The purpose of a series LLC is […]
Small Businesses Beware: The Corporate Transparency Act If you own a small business or have interest in the process for creating one, you likely know that registering a business entity with the state is required. All entities that limit liability for individuals are required to register their existence with the appropriate state official as a […]
What to Expect in Probating a Will The probate process in Texas can be categorized into six main steps and with: (1) filing for probate, (2) hearing with the court, (3) notification to the beneficiaries and creditors, (4) inventory of the estate, (5) resolving debts, and (6) final distribution. While this is seemingly a straightforward […]
The Newly Created Texas Business Courts Earlier this summer, House Bill 19 was passed by the Texas Legislature and signed into law by Governor Greg Abbott. As a result, the Texas Business Courts will become the newest part of the judicial system of Texas on September 1, 2024. The Texas Business Courts will be trial […]
Recent Court Decisions: A New Attempt to Pierce the Corporate Veil On June 23, 2023, the Supreme Court of Texas issued an opinion involving an issue which should interest all corporate investors. The case, In re First Reserve Management, L.P., arose out of the petrochemical processing plant explosion in Port Neches, Texas the day before […]
Recent Court Decisions: Choosing Where You Litigate Many contracts, especially those of big corporations like your cell phone provider, go on for dozens if not hundreds of pages with excessive wording and small font. While it may not be fair to claim that they are hiding things from you, it is clear that they want […]
Small Businesses Beware: The Corporate Transparency Act If you own a small business or have interest in the process for creating one, you likely know that registering a business entity with the state is required. All entities that limit liability for individuals are required to register their existence with the appropriate state official as a […]
Waldron & Schneider wishes everyone a safe and Happy 4th of July. ... See MoreSee Less
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Associate Attorney Collin Bullard writes about the disadvantages of a general partnership in his blog.
... See MoreSee Less
Disadvantages of a General Partnership
Disadvantages of a General Partnership The Texas Business Organizations Code defines a partnership as “an association of two or more persons to carry on a business for profit.” Whether those indiv...1 CommentComment on Facebook
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Waldron and Schneider wishes Partner Richard Simmons a happy early 50th birthday!!! ... See MoreSee Less
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Congrats, Richard. Make sure to have some fun tomorrow.
HAPPY EARLY BIRTHDAY DAD
Happy Birthday!!🎉🎂
Associate Attorney Collin Bullard writes about the importance of buy sell agreements in his blog.
... See MoreSee Less
The Importance of a Buy/Sell Agreement
The Importance of a Buy/Sell Agreement Many small business owners understand the importance of creating an LLC or similar entity to protect the individual owners from potential liabilities of the c…1 CommentComment on Facebook
HIRE A LEGITIMATE CRYPTO RECOVERY COMPANY -->REVENANT CYBER HACKER Revenant Cyber Hacker has done an incredible testimony that keeps on trending in the heart of everyone who has been able to benefit from its service of funds recovery or mobile remote spy authorization, just like having the key to someone's heart, getting back lost property or finance is a very joyful wonderous moment well deserve to be celebrated, we lose $861,899.11USD, we lent higher part of that money with the hope of paying it in a short while simply because we were told that our investment is insured and profit is guaranteed. Email: revenantcyberhacker (AT) Gmail (dot) com website: revenantcyberhacker (dot) net TELEGRAM: @ revenantcyberhacker WhatsApp: +1 (913) 820-0739 (OR ) +1(208) 425-8584
Congratulations to Emily Simmons (daughter of partner Richard Simmons) who competed in the National American Miss Pageant this weekend! She was the Heart of service Winner!!! 4th runner up overall!! 3rd in Casual wear!!! ... See MoreSee Less
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