Texas is becoming an increasingly popular destination for businesses choosing to form an LLC.
In this continuing legal education (CLE) credit-eligible program, we’ll highlight some meaningful differences between Texas and Delaware business entity law and demonstrate how practitioners must be wary of these key differences through a study of relevant statutes and cases.
Join Byron F. Egan and Zachary P. Ward of Jackson Walker LLP as we discuss some of the distinctive aspects of LLC laws, including certain fundamental provisions of Texas Business Organizations Code (BOC) and the Delaware Limited Liability Company Act. Topics to be discussed include:
- Differences in the court structures of Texas and Delaware
- Texas and Delaware fiduciary duties, applicable cases, and relevant statutes
- Dissimilarities as they apply to mergers and acquisitions
- Entity formation and implications of federal and state taxes