Steve’s Blog

Private Company Proxy Contest — Practice Illustrations

Real life examples of private company proxy contest?  In this brief blog post, I will relate two practice experiences we have had.  [Factual information is deliberately omitted or obscured as necessary to preserve client confidences and secrets and otherwise comply … Continue reading

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Private Company Proxy Contest — Near Final Thoughts

The problem I identified in LLC Company Agreements in the prior part of this series — here — applies likewise to private partnerships and sometimes, although not as frequently, to private corporations when it comes to private company proxy issues. … Continue reading

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Private Company Proxy Contest – Examples

In this third part of the series on private company proxy contest series, I want to illustrate the problem — or opportunity — which I have been hypothesizing in the prior two parts. Definitions of Ownership Interests — the Gap … Continue reading

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Private Company Proxy Contest – Legal Basis

Is it possible for your closely held business to become the subject of a private company proxy contest? Contrast with Public Companies I ended the first part of this blog by noting that changes in control of public companies may … Continue reading

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Private Company Proxy Contest – Introduction

A PRIVATE COMPANY PROXY CONTEST?? Public Company Changes in Control An outsider (or insider) who wants to take control of a public company may buy up its  ownership interests, which are purchasable in the open market, by private acquisitions, or … Continue reading

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Protecting Trade Secrets – Part 2

So what are the laws of Texas that protect the holders of  “trade secrets”?  My potential client wants to hear them, so he can sleep at night after disclosing his great new idea to a prospective funder — who signed … Continue reading

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Protecting Trade Secrets – Part 1

A potential client called me for help in starting up a company to develop, produce, market and finance a manufacturing idea — a confidential, proprietary “trade secret” — he had conceived and refined after many months of hard work. But … Continue reading

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A Little Statute of Frauds Knowledge

Over the years, I’ve had to pull out the old Statute of Frauds whenever potential clients tell me stories of the “agreements” they have to buy, sell or lease property, goods or services; to earn a fee for putting together … Continue reading

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Unfinished Business Doctrine: Federal Judge Gets it Right!

Big news today in the development of the unfinished business doctrine and defunct law firms! On June 11, 2014, the US District Court in San Francisco ruled CONTRARY to the shocking decision issued earlier this year by a California bankruptcy … Continue reading

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Unfinished Business Doctrine in NY

I wrote blogs last year about the unfinished business doctrine as applied to defunct law firms.  To summarize: I am strongly against it, both on legal grounds and on practical, economic grounds. Now we await a major decision in the … Continue reading

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