by David Shields | Apr 14, 2024 | Uncategorized
Most business entities operating in the United States must be formed or registered to do business in one or more states, depending on the type of entity and the state in which they choose to operate. Each state governs the form, timing, and filing procedures to form...
by David Shields | Feb 22, 2024 | Uncategorized
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 could pose risks to...
by David Shields | Feb 13, 2024 | Uncategorized
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 flood, a tornado,...
by David Shields | Jan 23, 2024 | Uncategorized
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 good until the...
by David Shields | Nov 28, 2023 | Uncategorized
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. Texas trial courts...
