It is crucial to be proactive rather than bury the proverbial head in the sand after receiving a preference demand letter. Direct communication with the party asserting the preference early on in the case will aid in understanding both parties’ positions and increase the chances of an amicable resolution. For example, most parties asserting preferences…

Shareholder and Water Law guru Ruben Barrera wrote “A River Runs Through It” for the December issue of the Texas Bar Journal, published by the State Bar of Texas.  The article discusses the water issues surrounding the Rio Grande river and the agreement between the United States and Mexico on its water usage.

As a vendor or supplier, it is frustrating to receive a letter from a lawyer claiming that you received a “preference” payment from a customer and demanding that you give the money back. You did the work, supplied the goods, or performed the services, and the customer accepted them without complaint. Why should you have…

Article about the expansion of Texas Trade Laws.

The Bankruptcy Code provides special rules for a business filing as a “small business debtor.” A small business debtor may be an individual operating as a d/b/a or an entity such as a corporation or a limited liability company. Generally, to qualify for the “small business debtor” designation, the debtor must be engaged in commercial…

A bankruptcy case under chapter 11 is different from all other chapters of the Bankruptcy Code in that it permits the United States Trustee (“UST”) to appoint an official committee of unsecured creditors (“Creditors’ Committee”).  The purpose of a Creditors’ Committee is to represent the overall interests of all unsecured creditors.  The Creditors’ Committee does…

The “automatic stay” is a fundamental principle of bankruptcy and a misunderstood term. As a general rule, the automatic stay is effective the moment a debtor files a bankruptcy petition. The stay shields a debtor from the reach and contact of creditors while the debtor attempts to reorganize its debts and financial affairs. While the…

The following tax alert notice is relevant to any client who has a multi-member LLC or a partnership in their ownership structure. Please contact Tanya Feinleib or Bob Werner with questions.

Justin Morley was named a Rising Star of New Braunfels by an alliance of the New Braunfels Jaycees, Greater New Braunfels Chamber of Commerce and the New Braunfels Herald-Zeitung. The 40 under 40 award recognizes the community’s young leaders who are making a positive impact in their professional and civic activities.