The simple answer to this question is, "yes." Every limited liability company should have an operating agreement. Just because a Texas LLC only has one member and owner does not mean that this document does not serve any purpose. In fact, it is just as important as it...
Month: September 2020
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The many phases of due diligence for oil and gas acquisitions
Texas entrepreneurs who are interested in purchasing a business in the oil and gas industry are wise to conduct thorough due diligence before finalizing the transaction. The first phase generally involves gathering data. The selling party often has a sales brochure...
Two business lessons from 7-Eleven’s acquisition of Speedway
Texas convenience giant 7-Eleven recently announced the acquisition of another big player in the convenience-store arena, Speedway. The business, headquartered in Dallas, invested a large sum into the deal. Even though the deal is one that involves billions, $21...


