Cache Bux was riding high as the president of Nodding Donkey Oil Field Services which recently opened new offices in Peru. Nodding Donkey’s earnings were beyond its wildest projections. Cache would easily hit his annual employment agreement performance incentives –
Tilting the Scales
Business Issues with a Legal Slant
Tilting the Scales is a blog published by Gray Reed & McGraw LLP that addresses a variety of legal issues with a focus on practical implications and real-world scenarios. The blog covers topics such as estate and probate law, including inheritance disputes and fiduciary duties; litigation and trial practice; ethical considerations for lawyers, including the use of technology like artificial intelligence; and regulatory matters such as fireworks laws and local government regulations. It often discusses Texas-specific legal issues and provides analysis of recent cases and statutes relevant to practitioners and clients in the region. The blog aims to inform readers about legal challenges and developments that affect individuals and businesses alike.
Latest from Tilting the Scales - Page 2
The CDC’s New Eviction Moratorium Extends the Uncertainty for Landlords and Tenants
By Bill Drabble
The Center for Disease Control’s (CDC) Eviction Moratorium confirms President Reagan’s quip that a government program is the “nearest thing to eternal life we’ll ever see on this earth.” As explained in my prior post, the CDC issued an…
Guardianships in Texas and Your Adult Children
Grant Bux’s daughter Kathy “Kitten” Bux is quite the singer. She had her own record deal when she was 15 and hit it big when she became the executive producer of her fifth studio album at 26. But then, depending…
Blame the Parents: Liability for Children’s Torts
By Bill Drabble
Andy Taylor’s seven-year-old son, Opie, discovers the fireworks that his father had purchased for Independence Day. He begins shooting them in a field behind their house. But Opie fails to extinguish one of the matches, which sets fire to the…
Buying Daughter a Business – Assets or Stock?
On Father’s Day, Morgan Bux celebrated with her dad Big Daddy Bux and asked him to team up with her to buy the fast-growing Green Earth Air Conditioning and Heating, LLC in Buda from the Green Earth retiring owner Gaia.…
Selling Mom’s Business – Asset or Stock Sale?
Angelica Bux and her son Duke own a fast-growing, family business Blue Skies Air Conditioning and Heating, LLC in Cotulla Texas. Angelica plans to retire by selling Blue Skies to Duke to fund her retirement. Their business consultant developed their…
CDC’s Eviction Moratorium: Legal Limbo for Landlords and Tenants
By Bill Drabble
Drake Goodman and Patty Palmer lease a studio apartment to Carter Haynes. But Haynes has not paid rent since last May, when the shelter-in-place orders caused his fledging restaurant to go out of business. While sympathetic to Haynes’s plight, the…
Texas Community Property Law: An Intro for Business Owners
Jack Bux and his high school sweetheart, Diane, have been married a few years, but the pandemic has taken its toll on their relationship, and they could soon be parting ways. Going into the marriage, Jack had a number of…
Falling Off the Fence: Can You Fire Those with Different Viewpoints?
Ernest “Big Daddy” Bux’s daughter Kathy “Kitten” was working for Approval Literary Agency in Blessing, Texas – that is until last month. Kitten, an associate literary agent with Approval Literary was sacked after her boss learned that she owned accounts…
The Corporate Transparency Act: What Your Company Needs to Know About the New Federal Reporting Requirements
By Bill Drabble
Last month’s post explained how setting up a dummy company can help seal a deal. Unfortunately, dummy companies can be used for far more nefarious purposes, including money laundering, terrorism financing, and tax fraud. For example, the New York Times…