Yes, there are director actions you can limit right in your Texas formation certificate for your corporation. However, there are also actions that you simply cannot exculpate. As reported by Baylor University School of Law, Texas' Business Organizations Code holds...
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Business Litigation
Understanding deceptive trade practices
On behalf of Wright & Greenhill PC | Nov 10, 2017 | Business Litigation
Some companies in the state of Texas are guilty of employing unethical business practices in order to manipulate consumers into buying their products or services. According to the Federal Trade Commission Act, these actions can be classified as either deceptive or...
Protecting intellectual property
On behalf of Wright & Greenhill PC | Sep 21, 2017 | Business Litigation
Stolen property is typically an obvious crime to identify. However, intellectual property can be a bit more complicated to recognize and enforce in Texas. According to Cornell Law School, intellectual property encompasses the intangible products of the human...
Breach of fiduciary duty
On behalf of Wright & Greenhill PC | Sep 14, 2017 | Business Litigation
Many companies in Texas rely upon external sources to provide counsel and help grow their business. These people, called fiduciaries, have a duty to the company to act in its best interests and assist in its success as much as possible. According to Cornell Law...
The illegality of price fixing agreements
On behalf of Wright & Greenhill PC | Sep 3, 2017 | Business Litigation
Price fixing agreements are generally illegal as violating anti-trust laws in Texas and elsewhere in the United States. These illegal arrangements occur when two or more companies collude to increase or decrease product prices to bring about a particular effect. It...
What are some methods for preventing contract disputes?
On behalf of Wright & Greenhill PC | Jul 24, 2017 | Business Litigation
For business owners in Austin, knowing the proper methods for avoiding contracts disputes is an ongoing concern. A dispute can serve to derail a business’s chance at success, and even result in a costly lawsuit under the right circumstances. Fortunately, there...
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