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A business partnership allows partners to pool financial resources, increasing their shared overall capital, bridging the gap in expertise and knowledge, offering tax benefits and leading to more business opportunities. However, this arrangement can also increase the...
Companies have to be on guard all the time when it comes to intellectual property rights. While most companies have a good grip on their own IP rights, they sometimes run into trouble through the use of another company's IP> Intellectual property woes can happen to...
Partnership disputes can bring about complex litigation. Business partners may find themselves at odds regarding their roles and responsibilities, or there may be financial conflicts. One business partner may want to exit the partnership entirely, or there could be...
When you evaluate a business deal or property purchase, it may seem reasonable to assume that any past environmental issue stays with the prior owner. In many cases, that is not how the law works. The law can hold you responsible for environmental damage even if you...
Executives helping to run businesses typically make every reasonable effort to ensure that a company grows and generates profits. They typically benefit from the company’s success. Unfortunately, some executives abuse their positions to generate additional personal...
People who own mineral rights in Oklahoma are often faced with decisions about their land. One of these is how land should be developed, but this doesn’t always depend only on a single mineral rights owner. The Oklahoma Corporation Commission has the option of...
Companies operating oil and gas wells on private property protect their interests by signing leases with property owners. They may even secure easements to ensure that they have access to the property. For the most part, oil and gas companies operating wells on...
Companies that operate oil and gas wells often sign leases with property owners and individuals who own mineral rights. The terms of an oil and gas lease usually include the right to access certain areas of the property. Despite an existing lease and the possible...
You built your company from the ground up. Over time, minority shareholders became part of the business. Their presence can be valuable, but it can also raise questions about control. Understanding their rights in Oklahoma is important. Knowing what they can and...
The purpose of an oil and gas lease is to allow a property owner to generate revenue by leasing their mineral rights to a business. When the lease proceeds with minimal issues, the arrangement can be beneficial for everyone involved. Unfortunately, sometimes property...