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Energy companies sometimes seek to drill on private land, which can trigger a series of decisions for landowners. Unfortunately, many landowners aren’t familiar with these matters. This can make it difficult for them to know exactly what they need to ask and what...
Business fraud can happen in small partnerships or large multinational corporations. In Texas, companies facing organized or repeated fraudulent activity may rely on Civil RICO claims to recover losses. RICO stands for the Racketeer Influenced and Corrupt...
Abandonment is one of the reasons behind many complex litigations involving business partners. When a business partner leaves a partnership without proper dissolution, they may be considered to have abandoned it. For example, if they leave the business before the...
During the business formation process, or during a business transaction where you are buying a company from someone else, it pays to think carefully about the business structure that you want to use. The way that you set your company up can have a significant impact...
Oil and gas well operators often work to acquire new mineral rights and extract natural resources. Oil and gas well operations have the potential to be lucrative, but they also place numerous demands on business leaders. Compliance with the law is of the utmost...
Anyone who owns mineral rights should ensure they understand how their property can be combined with others for oil and gas development. Pooling and unitization are two ways that this can occur. Pooling refers to the joining of multiple mineral tracts so they can be...
Due diligence is a key process when buying a business in Texas. It involves thoroughly investigating and evaluating all aspects of the business before making a final decision. This process helps the buyer understand the true value of the business and any potential...
When employees leave a company, they take their skills and knowledge. Sometimes they also take private business information. Such departures can quietly threaten your company's competitive edge. It becomes a nightmare if confidential data falls into the hands of a...
In Oklahoma, legal disputes often fall into two main categories: contract claims and tort claims. While both involve wrongdoing, they arise from different legal duties and have different requirements for proving a case. Understanding the difference can help determine...
When a well stops producing oil or gas, it can become an orphaned well. These wells pose environmental and safety risks, so the law places clear responsibilities on operators. If you're an operator, you can't ignore an idle well—you're on the hook for managing it...