Texas fiduciaries such as partners, officers and agents must act with loyalty and candor. Learn who owes fiduciary duties in Texas, how breaches are proven, and remedies like disgorgement and fee forfeiture.
In Texas, co-owners separate in one of three ways: a negotiated buyout, the exit terms in their company or partnership agreement, or a lawsuit asking a court to order a buyout, receivership or winding up. Which path is open depends mostly on your entity’s governing documents. Can I just walk away from my LLC? Not […]
A frozen-out minority owner in Texas cannot sue for “shareholder oppression” as a standalone claim. The Texas Supreme Court rejected that claim in Ritchie v. Rupe (2014). But you still have real leverage: inspection rights, derivative claims for harm to the company, contract claims under the governing documents, and, in some cases, receivership. What does […]
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. […]
When a Texas medical practice breaks up, the disputes usually center on four things: whether the departing physician’s noncompete is enforceable, who keeps the patients and records, how the practice is valued, and who owes what on shared debts and leases. Texas law changed significantly in 2025, and many practice agreements have not caught up. […]