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Celebrating Creativity and Community: Sul Lee Law Firm Supports The Stray Point Project

Sul Lee Law Firm is proud to support The Stray Point Project, a Carrollton-based nonprofit organization dedicated to empowering individuals with developmental and intellectual disabilities through art.

As part of our ongoing community engagement efforts, the firm provides monthly support to The Stray Point Project and recently welcomed new...

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Converting Your Business Structure in Texas: What Business Owners Should Know

Texas has more than 3.5 million small businesses and a significant number of large businesses and corporations driving the economy. As business laws and the industry continue to evolve, business owners must take the necessary steps to continue to succeed. In some cases, this could mean converting their business structure to...

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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...

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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.

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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...

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