Insights
Legal analysis, novel ideas, current happenings, and answers from the minds of Amini & Conant.
Buying Out a Business Partner in Texas
For most Texas LLCs, a buyout is the only way one owner can leave with the company intact, because the statute allows no resignation and no vote that removes a co-owner. This guide takes the process in order, from whether a buyout can be forced to pricing, financing, and closing one.
Read MoreCan You Force a Business Partner Buyout in Texas
Can Texas law make a co-owner buy you out, or sell to you, once negotiations have gone nowhere? The answer depends less on the statute than on what your company agreement says and the leverage each side actually holds.
Read MoreLetter of Intent (LOI) in a Business Sale: What It Binds and Why It Matters
In many business acquisitions, the letter of intent, often called an LOI, memorandum of understanding, or term sheet, is treated as a preliminary document that sits somewhere between discussion and definitive contract.
Read MoreRedemption Agreements in LLC and Partnership Exits: Price, Payment, and Release Terms
A redemption agreement does more than set a buyout price—it defines economic cutoffs, allocates payment risk, calibrates releases, and determines whether a partner exit delivers closure or merely postpones conflict.
Read MoreThe Texas Raw Land Playbook, Part 3: Title Insurance, Minerals, HOA, and Closing
Buying raw residential land in a Texas development requires careful review of title insurance coverage, mineral rights, HOA governance structures, and closing procedures that can materially affect ownership and future use of the property. This guide explains how buyers can evaluate these issues and structure their due diligence to identify and manage title, development, and governance risks before closing.
Read MoreThe Texas Raw Land Playbook, Part 2: Managing Regulatory and Infrastructure Risk
Buying raw residential land in a Texas development requires understanding the regulatory and infrastructure framework that determines whether a home can actually be built. This guide explains how subdivision structure, utilities, septic feasibility, groundwater regulation, floodplain risk, and agriculture/wildlife valuation mechanics affect cost, timing, and buildability before closing.
Read MoreThe Texas Raw Land Playbook, Part 1: The TREC Contract as Buyer’s Leverage Framework
Buying raw residential land in a Texas development carries risks that many buyers underestimate. This guide explains how the TREC Unimproved Property Contract functions as the buyer’s leverage framework, helping purchasers use option periods, title objections, and HOA review rights to evaluate development, governance, and infrastructure risks before closing.
Read MoreNegotiating Commercial Ground Leases for California and Texas Landlords and Tenants (Part 2)
For commercial ground leases in Texas and California, learn about conducting due diligence and identifying red flags, drafting essentials, and state-specific pitfalls, all to help landlords and tenants structure long-term leases with confidence
Read MoreNegotiating Commercial Ground Leases for California and Texas Landlords and Tenants (Part 1)
For commercial ground leases in Texas and California, discover how to negotiate and structure a successful commercial ground lease in Texas or California with our attorney-authored guide that covers key term-sheet strategies, red flags, and insider tips to protect landlords and tenants alike.
Read MoreValuing Your Business and Finding the Right Buyer: A Guide for Texas Sellers
In the first post of our Selling Your Business in Texas legal series, we explore how to identify the right buyer, strategic vs. financial, and what drives your business’s true value. Whether you’re seeking top dollar, a smooth transition, or a buyer who shares your vision, this guide from Amini & Conant offers the legal insights you need to start your sale on solid ground.
Read MoreSelling a Business in Texas: The Legal Steps in Order
Selling a business is one of the most pivotal milestones an entrepreneur or founder will face. Whether you're planning to retire, reinvest, or move on to your next venture, the legal and financial complexities of a business sale can either empower your future or derail your outcomes.
Read MoreTrademarking Your Logo: A Comprehensive Guide for Texas Businesses
In today’s competitive market, your company’s logo is far more than just artwork—it’s the visual embodiment of your brand’s identity and reputation. Under U.S. trademark law, a logo is defined as any symbol, word, or device used to identify and distinguish your goods or services in commerce.
Read MoreTrademark Enforcement Strategies for Robust Brand Protection
In today’s global marketplace, trademarks are the lifeblood of a brand’s identity. A company can invest millions in developing goodwill, only to find a competitor using a confusingly similar name or an overseas seller flooding the market with counterfeit goods.
Read MoreRegulatory Whiplash & Corporate Strategy: How EO 14219 Impacts Business Law (Part 1)
With the issuance of Executive Order 14219, titled "Ensuring Lawful Governance and Implementing the President’s Department of Government Efficiency Deregulatory Initiative", the regulatory environment has entered a period of rapid and high-stakes change.
Read MoreThe High Cost of Ineffective Corporate Governance: A Legal Perspective
In today's dynamic business landscape, the concept of corporate governance holds immense significance. It serves as the compass guiding an organization's operations, ensuring ethical conduct, and fostering a culture of accountability and transparency.
Read MoreTexas Business Court Jurisdiction: What Qualifies and What Does Not
The launch of the Texas Business Court in September 2024 signals a pivotal shift in corporate litigation. As the trend of “Dexit” gains momentum—where companies reconsider Delaware as their preferred state of incorporation—Texas is making a bold play to position itself as a serious contender.
Read MoreUnderstanding Texas Real Estate ‘As-Is’ Clauses: Buyer Beware with Exceptions
In Texas real estate transactions, “as-is” clauses are a common source of dispute. These clauses, often invoked by sellers, shift responsibility for assessing the property’s condition to the buyer.
Read MoreLegal Considerations When Drafting Executive Compensation Agreements
Executive compensation agreements are critical for attracting and retaining top talent in any organization. These agreements outline the financial and non-financial rewards and benefits offered to a company's senior leadership in return for their work and impact.
Read MoreType F Reorganizations: An Overview & Use in an Up-C Structure
Founders of new companies often give little thought to long-term entity structure beyond choosing a convenient form and state of incorporation. Early on, practical needs (like registering in the home state and starting operations) tend to outweigh nuanced legal and tax considerations.
Read MoreTexas Business Courts: A New Era for Commercial Litigation
On September 1, 2024, the newly established Texas Business Court officially began accepting cases. This specialized court is designed to handle complex commercial litigation, providing a venue where judges with expertise in intricate commercial issues oversee dedicated dockets.
Read MoreTexas Court Hits Pause on the Corporate Transparency Act: What It Means for Your Business
A recent decision by the United States District Court for the Eastern District of Texas has temporarily halted enforcement of the Corporate Transparency Act (CTA), a federal law requiring businesses to report Beneficial Ownership Information (BOI). Judge Mazzant’s ruling highlighted the significant compliance costs, constitutional concerns, and potential privacy risks posed by the CTA, offering small businesses a reprieve from its requirements—for now.
Read MoreUnderstanding Sales Tax in Texas: What Businesses Need to Know
Navigating the complexities of sales tax in Texas can be daunting for business owners. While the general rule is straightforward—collect sales tax on most goods and certain services—there are nuances that require careful consideration.
Read MoreAsset Protection: A Primer for Texas Estate Planning
When it comes to Texas estate planning and asset protection, the strategic use of trusts and business entities is essential. Many individuals request trusts for asset protection without fully understanding the options available.
Read MorePending Changes to the R&D Tax Credit: What Businesses Need to Know
The Tax Relief for American Families and Workers Act of 2024, which could impact the R&D Tax Credit, is stalled in the Senate after passing the House. It needs 60 votes to proceed, but lacks sufficient support.
Read MoreSCOTUS Business Watch: Key Decisions Impacting Businesses
While many Supreme Court cases have indirect effects on the business world, some decisions specifically address business-related issues head-on. Over the past two terms, several key rulings have emerged that carry significant consequences for businesses across various industries.
Read MoreWatching the Sunset: Expiration of the Federal Estate and Gift Tax Exemption
In January 2025, the federal lifetime exemption will see its final inflation-based increase under the current framework. However, the elevated exemption introduced by the Tax Cuts and Jobs Act (TCJA) is slated to expire—or “sunset”—at the close of 2025
Read MoreNavigating Probate in Texas: Common Challenges and Essential Steps
Probating an estate in Texas can be a complex process. Understanding when to probate an estate and how to navigate the process can ease the family's stress and allow for a smoother transition into healing.
Read More(Not So) Hidden Risks of Skipping an Operating Agreement for Your Texas LLC or Partnership
Starting a business with a trusted partner is an exciting and promising venture. You’re excited for the future and blissfully ignorant to the myriad chaos that will ensue if the relationship sours with no rules in place about how to handle the break-up.
Read MoreColorado Governor Signs AI Regulation: A New Era for Artificial Intelligence Compliance
On May 17, Governor Jared Polis of Colorado signed into law the Colorado Artificial Intelligence Act (SB 205) ("CAIA"). This landmark legislation, passed on May 8, is set to take effect on February 1, 2026.
Read MoreCorporate Transparency Act: New Reporting Rules for 2024
As of January 1, 2024, the Corporate Transparency Act (CTA) is in effect, mandating many U.S. entities, along with foreign entities operating in the U.S., to report detailed information about their beneficial owners to the Financial Crimes Enforcement Network (FinCEN), a bureau within the U.S. Treasury Department.
Read MoreClick, Scroll, Agree? Enforcing Online Contracts in Texas
The modern form of entering into contractual agreements online has taken a few different forms, the “clickwrap agreement,” the “browsewrap agreement,” and the “sign-in wrap agreement” and it has become an integral part of our online interactions.
Read MoreTikTok & the First Amendment Rights of Foreign Nationals
In a significant move with far-reaching implications for free speech and the tech industry, the United States House of Representatives recently passed a bill targeting TikTok, the widely popular short-form video platform owned by the Chinese company ByteDance.
Read MoreThe Role of the Department of Justice in Antitrust Litigation
When we think of the Department of Justice (DOJ), our minds usually conjure images of highly skilled criminal prosecutors, knee-deep in manila folders and documents that contain the evidence that will be used to put the nation’s most notorious mafiosi behind bars.
Read MoreThe Death of the SPAC and What It Means for the IPO Process
The SEC’s new rules are expected to severely limit the SPAC’s role in the market, and help to reestablish the traditional Initial Public Offering (IPO) process as the primary means of taking a business public in the United States.
Read MoreDark Patterns in User Interface Design
In the intricate dance of law and technology, regulatory agencies often lag behind the pace of change that private sector tech giants constantly seem to be accelerating. Since the meteoric rise of companies like Facebook (now Meta), Apple, Amazon, Netflix, and Google, digital revenue streams have exploded in value and become some of the most important facilitators of economic growth for the global economy.
Read MoreCrypto Under the Gavel: Binance and Beyond
In a landmark legal development for the cryptocurrency industry, Binance, the world's largest cryptocurrency exchange, along with its CEO, Changpeng Zhao, pleaded guilty to charges related to anti-money laundering (AML) violations.
Read MoreOpenAI’s Hybrid Governance: Overcoming AI Corporate Challenges
In the dynamic world of artificial intelligence, few organizations wield as much clout as OpenAI. Established with the ambitious mission to create an “artificial general intelligence (AGI) that benefits all of humanity,” OpenAI distinguished itself as a leader in the AI space.
Read MoreCorporate Governance in the Digital Age: Balancing Innovation with Regulatory Compliance
Aristotle advocated for the betterment of society as a whole rather than the advancement of the individual. He believed that our survival relies on others and encouraged us to collaborate ethically with a commitment to a goal higher than ourselves.
Read MoreProtecting Trade Secrets in a Collaborative Business Environment
Clichés such as collaboration is key, and two heads are better than one, are highly recognizable for a reason: they are generally found to be true. Standing the test of time, innovation and business growth often sit on the shoulders of collaboration.
Read MoreThe Challenges of Using Protected Material in AI Training
In the rapidly evolving landscape of artificial intelligence (AI), data serves as the lifeblood that fuels machine learning models. However, the use of copyrighted, trademarked, or otherwise protected material for training these models has opened a Pandora's box of legal complexities.
Read MoreA Former Co-Owner Took the Customer List: The First Seventy-Two Hours
Business owners that suspect IP theft must act quickly to protect their IP rights and avoid long-term damage to their company. Read on to learn when and how to respond to (and resolve) IP or trademark infringement.
Read MoreArtificial Intelligence and the Intellectual Property Rights Debate
Businesses are adopting and incorporating generative tools into their activities at a break-neck pace, but the legal community is still grappling with major questions about the reconciliation of AI and the preexisting legal frameworks that determine how a business can protect its creations from unauthorized reproduction.
Read MoreReceiving Money From Non-Accredited Investors
While there are numerous ways to raise capital for a business endeavor, many companies may turn to non-accredited investors. Before receiving money from non-accredited investors, there are several legal and financial matters to consider.
Read MoreTexas House Bill 20: First Amendment And Web-Based Platforms
Enacted by the Texas Legislature in September 2021, Texas House Bill 20 (HB20) is a law that prohibits large social media platforms from removing, moderating, or labeling posts from users in Texas based on specific viewpoints.
Read MoreNew Ruling Regarding Lawsuits Against Social Media Companies
In September 2022, the 5th United States Circuit Court of Appeals ruled in favor of a new Texas law that allows lawsuits against social media companies. This ruling is viewed as a victory for those who believe these platforms have unfairly censored certain viewpoints.
Read MoreHow an IP Attorney Can Help You Protect Your Intellectual Property Rights
A business’s intellectual property (IP) rights can make up some of its most valuable assets. In today’s technology-heavy world, intellectual property rights are becoming increasingly critical.
Read MoreChoosing a State for Your Business Entity
Once you have chosen a type of legal business entity, it is time to choose a formation state. Also called the state of organization, domestic state, or home state, your formation state is where you will file your business’s formation documents.
Read MoreChecklist Before Buying A Business
Purchasing an existing company can be an excellent investment that provides many benefits and can be more profitable than building a new business from the ground up. However, the process of finding and transferring business ownership is complex.
Read MoreThe Benefits of Sound Trademarks
A sound trademark allows a person to protect their audible intellectual property. If you have created a song, audible tagline, soundbite, or another sound that you are using in the stream of commerce as a business owner, you should consider obtaining an official trademark to protect your intellectual property from infringement by others.
Read MorePros And Cons Of Business Partnership Formation
When starting a business venture with another individual or a group of people, forming a business partnership may seem like the obvious choice. While it may appear to be the best avenue to take, it is not the only option.
Read MoreDo I need to register my company in another state?
As businesses increasingly sell goods, hire employees and operate the confines of a multiple state, they often find themselves asking: “I’m operating in the following states…do I need to register as a foreign entity in each state?” However, the answer is more complex than it lets on.
Read MorePros and Cons of Franchising Your Business
Anyone who is planning to scale or buy another business may want to franchise. This option focuses on expansion, growth, and opportunity. Like any important decision, there are pros and cons of franchising a business. Franchising may not be the best choice for every person, so it is vital to understand the risks and benefits before starting the process.
Read MoreUnderstanding Mezzanine Financing
Mezzanine financing blends equity and debt, with lenders providing subordination loans over traditional ones. When a business needs funding for a significant acquisition or project, creative financing options like mezzanine loans can help to fill that need. Understanding mezzanine financing can be difficult since it differs slightly from traditional loans.
Read MoreIntellectual Property Rights During A Pending Trademark
Trademarks provide legal protection for brand names and logos, preventing other businesses from copying them or using similar marks. An individual or company with a logo, phrase, design, symbol, or word that identifies goods or services may apply for a trademark with the United States Patent and Trademark Office (USPTO). Although applying for a trademark has the end goal of protecting the intellectual property (IP) rights of the business, how does the trademark owner protect his or her IP rights when a trademark is pending?
Read More7 Responses To A USPTO Final Office Action
Despite its name, a “final” office action from the United States Patent and Trademark Office (USPTO) does not mean your trademark application has been rejected. Instead, this communication represents the last opportunity you have to correct the application and file a response during the application process.
Read MoreAdding Additional Classes To Your Existing Trademark
Business owners may file trademark applications and later wish to add additional classes as their businesses expand to more goods and services. Unfortunately, people cannot directly amend trademark applications to add additional classes, but they may be able to establish new filings with the United States Patent and Trademark Office.
Read MoreWorking Capital Adjustments: The Definition Is Where the Money Moves
An evaluation of a company’s working capital is a critical piece of merger and acquisition (M&A) transactions. A detailed financial evaluation must be conducted to determine the financial and legal expectations of both parties involved in the transaction.
Read MoreIndemnification in a Business Sale: What Is Actually at Risk
Businesses enter into contracts for a range of purposes. While they may give a lot of attention to terms like price, quality, and delivery, there are other clauses in a contract that may be important.
Read MoreHow to Register a Trademark Internationally
Some countries have “first to file” rules that recognize the trademark as belonging to whomever first files the trademark application, even if the real owner of the trademark is someone else. Register a trademark internationally to help protect intellectual property rights in other countries where you do business.
Read MoreSteps To Take If You Receive A Trademark Infringement Letter
If a business believes someone is using their unique trademark, they may send a trademark infringement letter. The infringing party may face several repercussions, including an injunction from a court that orders them to stop using the infringing mark, as well as having to hand over their profits to the owner of the mark.
Read MoreLandslide
What happens when Congress provides a statutory damage scheme that ranges from $750 to $150,000 (with the opportunity to multiply the award tens, perhaps hundreds, of times), and leaves it almost entirely to the discretion of judge and jury to determine the appropriate award?
Read MoreBreaking Up is Hard To Do – Chapter 3
Your client is a bass player that has just been ousted by his group. Historically, the group has made business decisions collectively and split profits equally. However, after a secret meeting of the other members of the band, the decision was made to terminate the bass player.
Read MoreGuide To Term Sheets for Startups and Investors
The owners of startups, VCs and other businesses often make frequent use of term sheets, which are nonbinding agreements that provide an overview of the general terms and conditions for an agreed-upon investment.
Read MoreUSA Trademark Registration Requirements
Registering a trademark is a necessity for protecting the brand of a business, as it offers protection against third-party infringement of the company’s branding.. Business owners who are planning to apply for a federal trademark should be aware of a few key requirements.
Read MoreTexas Small Business Taxes
As a small business in Texas, it's already difficult to make sure customers (and revenue) are walking in the door. But it can be even more difficult if you don't understand your tax obligations. We provide a thorough review of the taxes a small business must account for.
Read MoreSection 925 and the California Non-Compete Law
Are California's notoriously stringent non-compete laws easing up? The law is far from settled, but we take a look at encouraging developments and offer a roadmap for employers who want the best chance to enforce non-competes in the state.
Read MoreIndependent Contractor or Employee?
It may be tempting to classify employees as independent contractors, but making that designation is a decision fraught with potential consequences. We take a look at what differentiates an employee from an independent contractor.
Read MoreBroker-Dealer Registration and Finder Exemptions
An overview of registration requirements for broker-dealers and finders under both Securities Exchange Act and the Texas Securities Act, paying particular attention to finders who match companies with investors or buyers.
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