Before signing a Texas hospital or health system contract, physicians should negotiate compensation, call, termination, noncompete, malpractice tail and privileges. An Austin physician-contracts attorney explains.
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 buy-sell agreement should answer five questions before they become a dispute: what events force or allow a buyout, how the ownership interest is valued, how the buyout is paid for, who may buy, and what happens when an outside buyer appears. Texas also requires attention to community property, which many template agreements ignore. […]