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Choosing Business Entities in Texas – Practical Strategies for Liability Protection and Streamlined Growth

(377 reviews)

Produced on July 24, 2017

Taught by
$ 89 Business, Corporate, & Securities Law In Stock
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Course Information

Time 60 minutes
Difficulty Intermediate

Course Description

When it comes to choosing an entity type for a new business venture, a new line of revenue, or a single-purpose vehicle, it is very important to understand the difference between the available entities and choose wisely. The selection of an appropriate entity can determine the ease of a company’s future governance, affect owner (and entity) liability to third parties, dictate tax implications to the owners, and impact other key aspects of running the business.

This course will be taught by David Denney, founder of Denney law group and advisor to many startups and growing businesses, and will examine practical strategies for entity selection in business startup and growth in Texas, as well as provide a basic framework for choosing an entity based on the kind of business the company is likely to be doing.   

Learning Objectives: 

  1. Understand the various business entity types available in Texas, and discuss differences between corporations, LLCs, partnerships, and others
  2. Identify the pros and cons of various business entities, depending on type of business the client wishes to conduct
  3. Know how to effectively utilize multiple entities in concert to minimize liability to third parties



Credit Information

After completing this course, Lawline will report your attendance information to {{ accredMasterState.state.name }}. Please ensure your license number is filled out in your profile to ensure timely reporting. For more information, see our {{ accredMasterState.state.name }} CLE Requirements page . After completing this course, {{ accredMasterState.state.name }} attorneys self-report their attendance and CLE compliance. For more information on how to report your CLE courses, see our {{ accredMasterState.state.name }} CLE Requirements FAQ .

Faculty

David T. Denney

Denney Law Group

Professional Experience 

Mr. Denney's practice encompasses both corporate transactions and business litigation. Prior to forming the firm in early 2007, David practiced with Vial, Hamilton, Koch & Knox, LLP, where he was a member of the Litigation and Corporate Transaction Practice Groups, and where he later founded and chaired the Food, Beverage and Hospitality Practice Group.

Corporate Transactions

Mr. Denney's corporate practice is focused on developing and growing both new and existing businesses. He counsels businesses by advising them on (among other things):

• corporate formation, structure and general governance issues;

• growth strategies;

• contract drafting and negotiation;

• merger and acquisition activities from letter of intent through definitive agreement;

• development of internal policies and procedures;

• employment matters; and

• drafting and/or negotiation of franchise agreements.

Business Litigation

Mr. Denney’s litigation practice encompasses most facets of business-related litigation, including:

• complex commercial and trade secret litigation;

• contractual disputes;

• ownership disputes; and

• real estate litigation.




Reviews

RS
Robert E. S.

Very nicely and presented program. Clear and informative.

JH
Joel H.

Very informative.

RA
Ryan A.

Great job! Nice overview for new or non-corporate attorneys. Like having actual Texas attorneys as speakers for Lawline.

SK
Scott K.

Excellent, thank you!

MA
Matthew A.

good, succinct explanation of the difference between c-corps and s-corps

KM
Khristine M.

I appreciate the fast pace. A lot of material was squeezed into the hour.

JW
John W.

Pretty basic but good review

OC
Otis C.

Good recap of whys and why nots of various business entities...and it was for Texas (hallelujah!)

TT
Thomas T.

Excellent course - thank you!

RD
Rebekah D.

Thank you

KA
Kadra A.

This program was extremely useful and interesting. Really enjoyed it. Thanks!

CG
Cynthia G.

Loved this one!! Will come back to it often as I teach Business Law for a university!!!

JH
John H.

Good presentation. Well organized and thoughtful.

CD
Claude D.

Very informative

LS
LEONEL A. S.

Excellent and thorough presentation. Should be shown in law school.

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