Articles of interest to business law readers.
Introduction to Release of Claims A release of claims agreement is a legally binding contract that prevents disputes after a settlement, allowing parties to resolve conflicts quickly and efficiently. This agreement is essential for managing liabilities and facilitating compensation to claimants. For instance, in the aftermath of the 2010 Deepwater Horizon oil spill, thousands of … Read more
What is a Close Corporation? You may have heard the term, ‘closed company’ before, this often refers to a close corporation. A close corporation is a business structure for a corporation that is utilized by small companies where the shares are held by a select few individuals who are generally closely associated with the business. … Read more
Should I Form My Startup in Texas or Delaware? New startups always face the decision of where to incorporate. Often they have heard that Delaware is the ‘best’ place to incorporate for tax or corporate governance reasons. Business owners are not aware of the added duties and responsibilities for business entities operating outside of your … Read more
