Family Law Matters
Financial Services Industry Group Webinar Series: Trust Issues In Divorce ProceedingsPresentation: Minority Investor Rights in Private Companies: Buy-Sell Agreements, Court-Ordered Buyouts, Breach of Fiduciary DutyPresentation: Breach of Fiduciary Duty Claims Against Trustees/Managers of Closely-Held Businesses
General
Texas Supreme Court Holds That Law Firm Could Not Redeem A Departing Partner’s Shares For No Value Under The Parties’ Shareholder AgreementFederal Court Denies Summary Judgment On Breach Of Fiduciary Duty Claim Against Former EmployeeThe Texas Supreme Court Affirms A Summary Judgment For A Fiduciary Defendant Based On The Statute Of Limitations And The Duty To Use Reasonable Diligence To Discover Claims
Majority Owners
Federal Court Dismissed Some But Not All Claims Against Individuals And Entities Arising Out Of Operation Of A Limited PartnershipAppellate Court Grants Mandamus Relief To Require A Jury Trial On The Issue Of Whether The Inspection Of Books And Records Of A Company Was Sought For A Proper PurposeShareholder Agreements Are Very Powerful In Texas: Parties Should Carefully Review Those Agreements Before Obtaining Stock In A Corporation
Minority Investors
Court Held That Those In Control Of A Limited Liability Company May Owe Fiduciary Duties To The Company And Its MembersPresentation: Minority Investor Rights in Private Companies: Buy-Sell Agreements, Court-Ordered Buyouts, Breach of Fiduciary DutyCourt Holds That Promissory Note Did Not Allow Partial Conversion To Equity