News & Insights
The Corporate Transparency Act: Lender Considerations
Introduction As the requirements of the Corporate Transparency Act (“CTA”) phase in to cover companies in 2024 and 2025, many borrowers and guarantors will have new reporting obligations with stiff penalties for non-compliance. These penalties...
Insurance update for weather claims: payment of full appraisal award and interest bars insureds from recovering attorney’s fees
The Texas Insurance Code was amended in 2017 to add Section 542A to address insurance claims arising “from damage to or loss of covered property caused, wholly or partly, by forces of nature, including an earthquake or earth tremor, a wildfire, a...
Texas Noncompete Clauses and the FTC’s Proposed Rule
Texas law on the enforceability of noncompete clauses has taken a long and twisted path to end up where it is today: a general view in favor of enforceability with certain exceptions meant to protect against egregious outcomes. This is all fine and...
Texas Governor Greg Abbott Signs Bill Creating New Texas Business Courts To Open September 2024
DALLAS, /Shields Legal/ -- The reputation of Texas as business friendly is in full view with the establishment of 11 business court divisions and a dedicated appellate court to be set up to handle exclusively certain complex business disputes....
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