by R. Shawn McBride | Dec 21, 2016 | Business Management, Choice of Entity, Uncategorized
We are living in a very unique time. Each of us gets to choose what we will do with our waking hours. Many of those that came before us didn’t have the luxury of choice. Think back to the world that your grandparents, or your great grandparents lived in. They...
by Staff of the Firm | Sep 27, 2016 | Uncategorized
Soon after Hogan was brought in as a 1/3 owner of Turbine Asset Holdings, LLC (“TAH”), he began assisting TAH with business opportunities using his contacts and expertise.[1] One such opportunity involved Pratt & Whitney (“Pratt”), which was expected to be a very...
by Staff of the Firm | Sep 15, 2016 | Business Management, Disagreement, Uncategorized
Here at The R. Shawn McBride Law Firm, PLLC, we write frequently about partnership, LLC, and multi-owner entities. In most, if not all, cases or situations we discuss, business partners start out on friendly terms, in a spirit of collaboration and genuine...
by Staff of the Firm | Aug 2, 2016 | Business Management, Partnerships, Texas Law Update, Uncategorized
In our previous blog series on general partnership, we talked about what general partnership is, how it is formed, and why it is important for business owners to know about it. We mentioned that one of the most peculiar features of a general partnership is that it...
by Staff of the Firm | Oct 22, 2015 | Choice of Entity, Partnerships, Texas Law Update, Uncategorized
Branscome v. Schoneweis. In Branscome v. Schoneweis, Schoneweis and Woodrum, brothers-in-law, were associated in the operation of a livestockyard called Tallula Cattle Company (“Tallula”).[1] Schoneweis was the owner (providing the initial working capital) and Woodrum...