Transferring Ownership: What You Need to Know for Small Businesses and Franchises
Transferring ownership of a small business or franchise can be a complicated process. A business owner needs to consider how they wish to make the transfer and whether they want to transfer full or partial ownership. Even when you have a clear-cut idea of the type of transfer you’re seeking, the specific...
Defending Against a Shareholder Derivative Suit: What Texas Corporations Need to Know
A shareholder derivative suit presents an unusual challenge for a Texas corporation. A shareholder brings the lawsuit, but the underlying claim belongs to the corporation itself. Typically, the shareholder alleges that directors, officers, or other parties harmed the company and that legal action is necessary to address that harm.
How the Uniform Trade Secrets Act Protects Your Texas Business
Every business possesses information that gives it a competitive advantage. It may be a customer list developed over years of relationship-building, a proprietary manufacturing process, confidential pricing strategies, software code, or an internal business method that competitors cannot easily replicate. These assets often hold tremendous value despite never appearing on a balance...
How Do I Determine Patent Infringement?
When you see a product or process that resembles your patented invention, you might wonder whether the manufacturer of that other product has infringed upon your patent rights. Determining whether you may have a patent infringement claim begins with understanding patent rights and how to evaluate whether a product or process falls...
Why Lawyers Recommend Demand Letters Before Filing a Lawsuit
Every area of civil law has its own reasons why lawyers recommend taking certain steps before ever filing a lawsuit in court.
What most people hear about is the negotiation side of things—the idea of talking it out or trying to reach a resolution before beginning the costly process...
How to Draft an Operating Agreement for a Texas LLC (SBA) and Dissolve It
Forming a limited liability company (LLC) is often one of the first legal steps entrepreneurs take when starting a business. However, filing a Certificate of Formation with the Texas Secretary of State is only part of the process. An equally important document is the operating agreement, which establishes how the LLC will...
Sul Lee Law Firm Sponsors the 2026 KACCNT Police Department Appreciation & Scholarship Awards
Sul Lee Law Firm was honored to sponsor the 18th Annual Police Department Appreciation & Scholarship Awards, hosted by the Korean American Chamber of Commerce North Texas.
The event celebrated student achievement through scholarship awards while recognizing the service and contributions of local law enforcement. It brought...
What Is a Position Statement in Binding Arbitration?
Many business disputes never reach a courtroom. Instead, the parties resolve their disagreements through binding arbitration, a form of alternative dispute resolution that can often provide a faster and more private path than traditional litigation.
One of the most important documents submitted during the arbitration process is the...
The Compliance Case for Skills-Based Hiring: Why Documented Competencies Now Carry Less Legal Risk Than the Degree
There's a reflex in corporate hiring that treats the four-year degree as the conservative, defensible choice. A degree requirement feels safe. It's familiar, it's easy to administer, and it has decades of precedent behind it. In 2026, that reflex is exactly backward. The degree screen is one of the most legally exposed...
Understanding Debt in Business Mergers
One of the most critical points of negotiation in many business mergers is the companies’ debts. Corporate debt can play an outsized role in a merger transaction, including determining company valuation and merger price, transaction terms, or even whether the merger happens.
Understanding business debt in the context of...