Entrepreneurs interested in starting a business in 2022 are likely looking for capital to get their endeavor up and running. The United States Securities and Exchange Commission (SEC) Office of the Advocate for Small Business Capital Formation recently dug into this...
Lufkin Legal Blog
Leasing mineral rights from a property owner
When someone buys a house, he or she may assume the purchase price includes the land on which the house sits. They may also assume that the land they own includes both what is above the ground and what lies below. However, in Texas, this is not always the case....
8 road rage behaviors that endanger your life
If you drive on Texas roads or highways with any regularity, you have probably experienced more than one occasion when another driver nearly collided with you. It is also possible that instead of a near miss, you ended up in the hospital with injuries from an...
What should I know before I start a business in Texas?
Cities are growing in Texas, which makes it a prime location for entrepreneurs who are looking to start a business. Those who are looking to start a business are wise to review applicable regulations first, and many of these are state specific. With that in mind, this...
Two primary provisions for pipeline easement agreements
Landowners and businesses negotiating a pipeline easement are looking to move forward with an agreement that best serves their interests. As such, it is important for all involved to carefully review the agreement and negotiate terms that meet their needs. Some of the...
Mental capacity could play a role in probate litigation
The passing of a loved one is a difficult event to process, and the situation can become even more complex if surviving family members believe that the will submitted to the court for probate is not valid. It is not uncommon for unscrupulous parties to submit...
Does a living trust make sense for your estate plan?
As you create or revise your estate plan, you will want to make sure your wealth remains intact once it passes on. You may have concerns, then, that putting your assets in a will could devalue your estate. While wills have their place and purpose – especially in...
Do single member LLCs need an operating agreement?
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...
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...


