by Katherine Hoke | May 13, 2024 | Uncategorized
Background On April 23, 2024, the Federal Trade Commission (“FTC”) voted to adopt a rule (the “FTC Rule”) that, as a matter of federal law, bans “non-compete” contract clauses as “unfair methods of competition,” with few exceptions and requires employers with existing...
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 Katherine Hoke | Apr 1, 2024 | Uncategorized
Shields Legal is dedicated to investing our very best selves in the communities we serve. We’ve proudly supported numerous charitable causes, and year-by-year, we continue to build a formidable culture of good corporate citizenship. Back in 2014, Shields joined...
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...