Does an LLC Protect My Business Name?
Starting a business involves numerous decisions, and one of the first is how to structure your business. Many entrepreneurs choose to form a Limited Liability Company (LLC) for its benefits, such as personal liability protection and tax flexibility. However, a common misconception is that forming an LLC automatically protects your business name....
Can You Freeze Business Assets During a Dispute?
Business disputes can escalate quickly—especially when significant assets are at stake. In Texas, one tool that may be available to protect your interests during a dispute is a court-ordered freeze on business assets, also known as a temporary restraining order (TRO) or injunctive relief. But when and how can these tools be...
Helping Global Clients Navigate U.S. law
Helping international businesses succeed in the U.S. wasn’t the plan, but it became the mission. Attorney Sul Lee never planned to follow in her father’s footsteps. But years spent watching him open and grow Hyundai’s U.S. operations seem to have rubbed off. The Dallas-based Sul Lee Law Firm is now...
Understanding Buy-Sell Agreements and Exit Strategies in Texas
When you co-own a business in Texas, everything may seem smooth—until a partner wants out, becomes disabled, retires, or unexpectedly passes away. What happens next can either preserve the business or disrupt its future entirely. That’s where a buy-sell agreement comes in.
These contracts are essential for laying out...
Terms Matter: What Every Influencer and Brand Should Include in Their Contract
As influencer marketing becomes an increasingly sophisticated and valuable part of digital strategy, the need for clear and legally sound agreements has never been greater. Yet, many influencer-brand relationships are still based on vague understandings, informal communications, or one-size-fits-all templates. These practices often lead to confusion, misuse of content, or even legal...
What to Do If You Suspect Your Business Partner Is Misusing Company Funds
Trust is one of the most important foundations of any business partnership. But when that trust begins to erode—especially due to suspicions of financial misconduct—it can lead to serious legal, economic, and operational consequences. If you’re a Texas business owner concerned that your partner may be misappropriating or misusing company funds, it’s...
Warning Signs Your Partnership Is Headed for Legal Trouble
Not all business partnerships go the distance. What may begin as a shared vision and strong alliance can slowly—or suddenly—unravel into disagreement, dysfunction, or even litigation. Often, the warning signs appear long before a legal dispute ever arises. Recognizing those signs early can help you take proactive steps to protect yourself and...
When a Business Partner Violates the Operating Agreement: Your Legal Options
Business partnerships rely heavily on clear communication, trust, and—critically—a well-drafted operating agreement. This document outlines each partner’s rights, responsibilities, profit shares, decision-making authority, and the process for resolving disputes that may arise. But what happens when one partner violates that agreement?
At Sul Lee Law Firm, we help...
Can I Be Forced Out of a Business Partnership?
Business partnerships often start with trust and shared goals. However, as businesses evolve, so do the relationships between partners. Sometimes, a partner may find themselves facing an uncomfortable question: Can I be forced out of my own business partnership?
The short answer is yes, under certain circumstances—but it’s not...
Buying Out a Business Partner: Key Steps and Considerations
When business partnerships are thriving, they can be highly rewarding. But circumstances change. Whether due to differing visions, retirement, financial needs, or personal conflicts, there may come a time when one partner needs to buy out the other. A business partner buyout is a complex process that requires careful planning to protect...