A corporation is a legal entity that exists separately from its owners (called shareholders). This separation means the corporation itself—not its owners—is legally responsible for debts, obligations, and contracts. Shareholders generally enjoy limited liability, protecting their personal assets from business risks. Corporations can raise capital by issuing stock, attract investors, and often carry more credibility […]
Company Restructuring Attorneys – Burk Law Firm, P.C. When your business faces change—whether from financial challenges, mergers, or new strategic goals—company restructuring may be essential. At Burk Law Firm, P.C., our attorneys guide businesses through the legal, financial, and operational changes needed to move forward with confidence. What Is Company Restructuring? Restructuring reorganizes a business […]
Yes, AI laws in the United States currently differ significantly by state. While there is no comprehensive federal AI law like the EU AI Act, states are taking various approaches to regulate AI within their jurisdictions. Here’s a breakdown of the differences you might encounter: Varying approaches to regulation: Some states, like Colorado, are adopting […]
In Austin’s fast-paced and innovation-driven business landscape, protecting proprietary information isn’t just smart—it’s essential. From tech startups and biotech firms to creative agencies and manufacturers, businesses across industries face constant risks of trade secret theft and employee-driven IP leakage. Here’s what Texas businesses need to know about protecting trade secrets and leveraging Non-Disclosure Agreements (NDAs) […]
When a business contract is broken, the consequences can be costly and disruptive. For companies operating in Austin, understanding the legal remedies available under Texas law is critical. At Burk Law Firm, P.C., a trusted name in commercial litigation in Austin, TX, we help businesses navigate complex contract disputes and enforce their rights. What Constitutes […]