When an oil and gas operator in Texas files for bankruptcy, the legal and environmental consequences can extend far beyond unpaid debts. Many of these companies are tied to responsibilities that do not disappear with a court filing, especially when it comes to cleanup...
Lufkin Legal Blog
Estate planning strategies to consider for a second marriage
Entering a second marriage is a fresh start, but it also brings unique financial and legal considerations. Without a clear estate plan, unintended consequences can arise – such as assets not reaching children from a previous marriage or disputes over inheritance....
How to set up a public water system as a restaurant owner in TX
Starting a food retail establishment in Texas can be as thrilling and as it is challenging. It requires months of planning, producing a compelling business model, filing for insurance, settling permits and licenses and searching for the ideal location. One of the most...
What is a lack of testamentary capacity?
Creating a will is one of the most important parts of estate planning. Nonetheless, not everyone may have the legal capacity able to do so. This where the concept of testamentary capacity is relevant. Understanding testamentary capacity is essential for anyone...
3 issues to address in a partnership agreement
During the business formation process, you and your business partner may want to draft an official partnership agreement. You may have started planning the company without any paperwork in place, and that may be fine. But once you’re ready to begin investing in...
Enforcing restrictive covenants through commercial litigation
Business litigation frequently begins with contract issues. Organizations that negotiate contracts expect the other parties who sign written agreements to uphold them. Contracts generally outline the exact expectations and obligations of each party to ensure clarity...
4 common compliance issues for Texas businesses
Running a business in Texas comes with enough challenges, from chasing down clients and keeping your employees happy to growing your brand. The last thing you want is a compliance problem sneaking up on you. Legal compliance can easily slip through the cracks,...
Cultural considerations when thinking of a merger
Mergers can be a great way to move your business forward. Understanding some of the things that can go wrong can help you to better determine whether a particular merger is right for your business. One of the things that can often cause a merger to fail is cultural...
Due diligence for businesses before signing oil and gas leases
Oil and gas leases allow companies the legal right to extract mineral resources without imposing the financial obligation to purchase real property. Such arrangements help companies keep their operating costs reasonable. Smaller businesses tend to prioritize securing...
How long does probate take?
Probate can feel like a long and complicated process, especially when you’re already dealing with the loss of a loved one. Many people are left wondering how long it will take to settle an estate and what factors might speed up or slow down - the process. While the...


