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Texas's and California's mechanic's liens provisions are almost identical, but only Texas has what can be called a "constitutional mechanic's lien." Why is that?

Happy New Year! Thank you for bearing with me as I complete my review. Every year, January 1 brings with it a slate of new laws. My...

Happy New Year! Thank you for bearing with me as I complete my review. Every year, January 1 brings with it a slate of new laws. My...

We are just over 60 days out from 2025. If you formed an entity in 2023 or earlier, it's time to contact your business attorney.

The formation of an LLC or corporation creates a limited liability shield around the entity's constituents (e.g., directors, members,...

The FTC determined that the rule would foster competition (and that NCAs harm the labor market, prevent the formation of new businesses, etc

In 2023, Texas adopted HB 19, establishing the Texas Business Courts ("TBC"). The TBC will operate in several metropolitan areas, the TBC...

Happy New Year! Sorry that this post is coming in late. As always, January 1 brings with it a slate of new laws. My criteria here are:...

Happy New Year! Sorry that this post is coming in late. As always, January 1 brings with it a slate of new laws. My criteria here are:...

In September 2023, the Financial Crimes Enforcement Network ("FinCEN") proposed amending its reporting requirements under the Corporate...

(This post is part of a series called “Common Clauses,” focused on explaining so-called boilerplate provisions of contracts. Click the...

Introduction In most contexts, if you end up at trial, your opinion is not admissible unless you're qualified as an expert. See Fed. R....

(This post is part of a series called “Common Clauses,” focused on explaining so-called boilerplate provisions of contracts. Click the...

If you're a contractor in Texas (or any state), you're probably familiar with mechanics' liens. Although your state constitution may...

California law requires business entities to file a statement of information ("SOI") every two years (e.g., LLCs, nonprofit corporations)...

The purpose of this post is to remind small business owners that " the Rule " goes into effect next year. If you plan on forming a new...

Introduction You have decided that you need a business entity. You know that the wait time in your state is two or more weeks (or perhaps...

An operating agreement (often called a company agreement or LLC agreement) sets out the basic rules and procedures of your LLC. You ought...

A bank holds $15,000.00 in an account owned by John Smith. But two different people claim to be the "John Smith" whose name is on the...

(This post is part of a series called “Common Clauses,” focused on explaining so-called boilerplate provisions of contracts. Click the...