For guidance on business entities in Texas and Delaware, look no further than Jackson Walker's resident expert, Byron Egan, who literally wrote the book on choice of entity. The third edition of his treatise, EGAN ON ENTITIES: Corporations, Partnerships and Limited Liability Companies in Texas, will be available through LexisNexis in November, and while the last update was released just two years ago, practically every page was updated to include changes in legislation and court decisions.
In this Fast Takes episode,Byron addresses some of those updates, including one of Texas' favorite company's recent board liability, and how the decision of where you choose to incorporate makes a significant difference in liability exposure. Byron also discusses how corporate statutes allowed for reasonable actions by the corporations even under the pressures of the pandemic and the social justice issues seen in 2020.
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The music is by Eve Searls.
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