A Look Back at 2016 – Legal Issues Affecting Texas Private Company Owners and Investors (Part 1)

A sure sign the year is winding up is the release of TIME magazine’s “Person of the Year” list.  If TIME created a similar list of legal developments impacting owners and investors in private Texas companies this past year, at least two issues would be on it: the adoption of the Defend...

A Look Back at 2016 – Legal Issues Affecting Texas Private Company Owners and Investors (Part 1) Continue reading…

Business Succession Planning Part 2 – Putting Your All-Stars in Play

The successful business owner needs to be able to multi-task, including in the area of succession planning. As noted in the previous post, business owners need to develop and then implement two different succession plans, one for crisis management that applies in the event of an emergency, and a second one that transitions...

Business Succession Planning Part 2 – Putting Your All-Stars in Play Continue reading…

Business Succession Planning Part 1: Don’t Wait for An Emergency to Put a Plan in Place

 The health-minded business owner who diets, exercises and receives good medical care, may receive a robust physical report suggesting he or she will live forever.  Counting on immortality as a succession plan, however, is a bad bet.  The business owner concerned about the future will want to prepare both a long-range plan and...
Business Succession Planning Part 1: Don’t Wait for An Emergency to Put a Plan in Place Continue reading…