Drafting Effective ADR Clauses in Business Contracts
Understanding and using Alternative Dispute Resolution (ADR) clauses in business contracts is an effective tool because these clauses are designed to provide a mechanism for resolving disputes outside of traditional court litigation. These provisions can be particularly beneficial in Texas by offering a quicker, more cost-effective means of addressing conflicts arising in...
Understanding The Elements Of A Shareholder Agreement In Texas
Shareholder agreements in Texas govern the dynamics of shareholder interactions within a corporation. A shareholder agreement is not legally required in Texas, but it is critical to the smooth operation of a business. It is recommended for any entity with more than one shareholder. A formal agreement is even more crucial for...