I. GENERAL.
A. Introduction. In selecting a form of business entity for an oil patch deal in Texas the organizer or initial owners can consider the following five business entity forms:
• Corporation
•...more
7/22/2013
/ C-Corporation ,
Fiduciary Duty ,
General Partnerships ,
Income Taxes ,
Limited Liability Company (LLC) ,
Limited Partnerships ,
LLPs ,
Misappropriation ,
Oil & Gas ,
Power of Attorney ,
S-Corporation ,
Trade Secrets
I. GENERAL.
A. Introduction.
In selecting a form of business entity in Texas the organizer or initial owners can consider the following five business entity forms:
• Corporation
• General...more
7/5/2013
/ Board of Directors ,
Business Formation ,
Business Taxes ,
C-Corporation ,
Corporate Governance ,
Corporate Veil ,
Fiduciary Duty ,
Limited Liability Company (LLC) ,
LLPs ,
New Legislation ,
Partnerships ,
S-Corporation ,
Wind-Up Process
I. Director Duty of Loyalty -
Directors owe fiduciary duties to a corporation on whose Board of Directors (“Board”) they serve and effectively to all of its stockholders. The fiduciary duty of loyalty dictates that...more