HomeCategory Business & Commercial Litigation

How To Navigate Indemnity In Business Acquisitions

Business acquisition contracts contain indemnification clauses to allocate the risk of potential liabilities that may arise after a sale has closed. Despite buyer due diligence, pre-existing liabilities and inaccurate information are discovered with some frequency post-closing. Understandably, a business buyer is not interested in assuming the seller’s liabilities or in being misled about the sale...

Texas Business Court Decision Clarifies LLC Owners May Not Be Held Personally Liable for Breaching Company Contracts

If you own a limited liability company (LLC) in Texas, you are counting on it to protect your personal assets if things go sideways. A recent decision from the Texas Business Court just gave that protection a significant boost, reassuring business owners that it is incredibly difficult to be held personally responsible for a company’s...

Under New Law Texas Business Courts Will Have Broader Jurisdiction Over Complex Disputes

In June, Governor Abbott signed into law House Bill 40 (HB 40), which expanded the jurisdiction and operational framework of the Texas Business Court. Texas has recently passed a succession of business-friendly laws, intending to convey the message that Texas is a welcome home for businesses. The business court was created in 2024, and subsequent...

Texas Public Information Act – What Professional Services Firms Should Know

For professional services firms in Texas, such as engineering, architecture, accounting, and legal practices, understanding the Texas Public Information Act (TPIA) is crucial, particularly when interacting with governmental entities. The TPIA promotes transparency by granting public access to government records. However, it also includes specific exceptions to protect sensitive information, which are particularly relevant to...

Ways FDA-Regulated Manufacturers Can Proactively Prevent Potential Claims of Product Liability

The U.S. Food and Drug Administration is responsible for regulating products and activities that impact public health. Its protections include regulating manufacturers of several industries, including food, drugs, medical devices, tobacco, cosmetics, medical devices, radiation-emitting products, and biologics. These manufacturers are subject to tremendous scrutiny, and product liability claims can be successful if they prove...

Key Considerations Professional Service Firms Should Know Before Entering Into a Merger or Acquisition

When a business begins to consider a merger or acquisition, each action requires specificity and precision to ensure your interests are protected, and when it comes to these business deals, professional services firms make for some of the most complex transactions. Professional services firms exist because they provide services that are difficult to quantify, including...

Fifth Circuit Court of Appeals Grants Stay in Case Challenging the CFPB’s Small Business Lending Rule – What Owners Should Know

The Consumer Financial Protection Bureau’s (CFPB) Small Business Lending Rule is facing changes that render it ineffective only for plaintiffs and intervenors to a specific case on appeal with the Fifth Circuit Court of Appeals. For any other financial institutions that are not a party to the case, they must still proceed with the rule...

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