Tag Archives: Texas

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 – 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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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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Texas Registered Agents: Not Just Boilerplate

Every entity created by a certificate of formation filing with the Texas Secretary of State (corporations, LLCs, limited partnerships, etc.) and every entity created under another state’s law but which wants to transact business in Texas  MUST DESIGNATE and MAINTAIN … Continue reading


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Example of Importance of Corporate Legal Formalities

Suggested by a true story: Suppose you are a limited partner in a properly formed Texas real estate investment limited partnership.  You, along with a general partner and all of the other limited partners, signed and delivered a written agreement … Continue reading


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