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Winstead Business Divorce

Business Trends and Legal Insights for Majority Owners and Minority Investors in Private Texas Companies

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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

Uncategorized

Presentation: Voir Dire (In a Post COVID World)Webinar Series: Financial Services - Advising Trustees Who Manage Closely-Held Business InterestsPresentation: Advising Trustees Who Manage Closely-Held Business Interests

About this Site

Winstead Business Divorce is a go-to resource for majority owners and investors in Texas private companies. The site features business news, legal trends, insights and blog posts that will be of interest to those holding an ownership stake in private companies, as well for those affiliated with or providing advice to private companies, which includes officers and directors, accountants, estate planners, wealth management advisors and business and family lawyers.

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About Winstead

Winstead is a national business law firm with nearly 300 attorneys who serve as trusted advisors to emerging, mid-market and large companies, both public and private. The Winstead team provides a range of core legal services that are critical to our clients achieving their business goals. Winstead’s business transactions and litigation practices serve key industries including airlines, financial services, healthcare, higher education, investment management/private funds, life sciences, real estate, and sports business.

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