A Texas LLC company agreement — what most states call an operating agreement — should cover ownership and capital, management and voting, distributions, transfers and buyouts, fiduciary duties, deadlock, and how disputes are resolved. Texas doesn’t require one, but without it, the default rules in Chapter 101 of the Business Organizations Code decide those questions […]
A Texas business lawsuit usually moves through seven stages: pre-suit demand, petition and answer, required disclosures, discovery, dispositive motions, mediation, and trial. Most cases resolve before trial. Where and how a case settles is largely decided by choices made in the first 90 days. What happens before the lawsuit is filed? Most business disputes start […]
Most business lawsuits in Travis County take about 12 to 24 months from filing to trial. Smaller cases under $250,000 can move faster, and an appeal can add a year or more. Most cases settle before trial, often at mediation. What does a typical timeline look like? Stage Typical length Petition, service and answer 1–2 […]