Texas Partnership Legal Advice (57 found)

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Robert John Murillo
Robert John Murillo's answer
Contributor Level 7

You need to get a local business attorney right now. You say that you got...
Kaiser Wahab
Kaiser Wahab's answer
Contributor Level 6

Of course theoretically the partners can allocate and divide debts and assets...
Question

Robert John Murillo
Robert John Murillo's answer
Contributor Level 7

Review the partnership agreement and follow the terms on dissolution and file...
Question

William J. Dyer
William J. Dyer's answer
Contributor Level 6

I suppose I should also give you the short, if oversimplified answers, to the...
William J. Dyer
William J. Dyer's answer
Contributor Level 6

Mr. Myers' answers aren't wrong. They're just not quite to the point, and some...
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Theresa Cay Langford's answer
Contributor Level 4

Age is not the relevant problem here. Texas does not recognize the validity of...
Question

Kevin L. Colbert
Kevin L. Colbert's answer
Contributor Level 6

A general partner can be sued and held liable for the acts of the partnership....
Question

Aaron Roy Feldman
Aaron Roy Feldman's answer
Contributor Level 4

Unfortunately, leaving a partnership isn't always easy, particularly where...
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Daniel Nathan Ballard
Daniel Nathan Ballard's answer
Contributor Level 7

In addition to Mr. Klosowski's super response, consider this: if someone's...
Bernard Samuel Klosowski Jr.
Bernard Samuel Klosowski Jr.'s answer
Contributor Level 4

Look to the claims. If the claims of the later patent are sufficiently...
Bernard Samuel Klosowski Jr.
Bernard Samuel Klosowski Jr.'s answer
Contributor Level 4

In addition to other issues that have already been raised about your situation,...
William J. Dyer
William J. Dyer's answer
Contributor Level 6

You describe this person as your "business partner," but then reference a Texas...
Question

Michael Stephen Byrd
Michael Stephen Byrd's answer
Contributor Level 2

I suggest you look at the actual monetary value contributed to determine...
Robert John Murillo
Robert John Murillo's answer
Contributor Level 7

Unless Texas is rather unusual, there is no law that allows a member with a...
Kaiser Wahab
Kaiser Wahab's answer
Contributor Level 6

First and foremost some of your questions can and should be answered by...
Question

James P. Frederick
James P. Frederick's answer
Contributor Level 7

You need to speak with an attorney. In this limited space, there is not enough...
Thomas Glenn Martin
Thomas Glenn Martin's answer
Contributor Level 5

Without any facts, it is impossible to give an intelligent answer to your...
Question

Robert John Murillo
Robert John Murillo's answer
Contributor Level 7

An entity is one of various asset protection strategies which are of...
Steven Eugene Clark
Steven Eugene Clark's answer
Contributor Level 3

You don't want to be a sole proprietor, because you have unlimited personal...
Question

Robert John Murillo
Robert John Murillo's answer
Contributor Level 7

The FLP is very complex. They are best suited for certain investments and their...
Robert Jeffrey Mueller
Robert Jeffrey Mueller's answer
Contributor Level 5

The contents of this answer is for educational purposes only and does not...
Lee Keller King
Lee Keller King's answer
Contributor Level 3

First of all, it is impossible to give you an extensive answer without having...
Steve Fromm
Steve Fromm's answer
Contributor Level 7

Generally, corporations protect their shareholders from liability for corporate...
Question

Chais L Sweat
Chais L Sweat's answer
Contributor Level 4

Texas has not recognized domestic partnerships statewide, but Travis County (...
Question

John Andrew Myer
John Andrew Myer's answer
Contributor Level 3

It probably does not matter which state you choose. However, one of you will...
Daniel Scott Wright
Daniel Scott Wright's answer
Contributor Level 4

I agree with my colleague John's response above. However, I would add that...
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