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Eric Thiergood
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Wait… Lawyers Do That?

Since the founding of the Strong Firm P.C. in 2004, we have prided ourselves on not only providing excellent legal services, but also playing a large role in our community. Every year I have the opportunity to speak to area students from first grade through college grad students on legal-related topics. Though the complexity varies Read More

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But You are My Attorney, not My Dentist…

Preventive maintenance for your entity from a legal perspective   “An ounce of prevention is worth a pound of cure.” ‘De Legibus’ (c. 1240) by English Jurist Henry De Bracton   Potential Client:       “I have owned a limited liability company for several years. I haven’t had any issues, but someone is interested in investing in Read More

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But I Can Do it by Myself for Less…

When handling it yourself is not a good idea from a legal perspective   “It’s unwise to pay too much, but it’s worse to pay too little. When you pay too much, you lose a little money — that is all. When you pay too little, you sometimes lose everything…” Common Law of Business Balance Read More

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What’s Good for the Goose…Part 4d

The Market Approach of Valuing a Business for Sale In Part 4d of our series “The Components of a Business Purchase and Sale from the Buyer’s and Seller’s Perspective” we will examine the “Market Valuation” approach as the third and final valuation method for buying a business. The two other valuation methods, the income valuation Read More

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Risk of Buying a Property at a Foreclosure Sale

  Client:                           “I’m buying a foreclosure property.” Attorney:                      “OK, when is the sale?” Client:                           “Tomorrow” Attorney:                      “Have you completed any due diligence on the property?” Client:                           “Well…I drove past the property a couple of times.” Attorney:                      [after a long pause] “I am going to take that as a no.”   What is a “foreclosure Read More

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What’s Good for the Goose…Part 4c – The Income Approach of Valuing a Business for Sale

Part 4c – The Income Approach of Valuing a Business for Sale In Part 4c of our series “The Components of a Business Purchase and Sale from the Buyer’s and Seller’s Perspective” we will look at the “Income Valuation” approach as the second of three valuation methods for buying a business to be reviewed in Read More

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If You Kill Superman, Clark Kent Dies Too… Understanding the danger of an alter ego from a legal perspective.

If You Kill Superman, Clark Kent Dies Too… Understanding the danger of an alter ego from a legal perspective. A conversation that happens far too often with new clients looking for legal help for their new business: Client:           “I’ve started a new business and I’d like to have a lawyer handle the legal parts of Read More

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What’s Good for the Goose… Part 4b – Reaching an Agreement on the Purchase Price

Part 4b – The Asset Valuation Approach of Valuing a Business for Sale In Part 4b of our series “The Components of a Business Purchase and Sale from the Buyer’s and Seller’s Perspective” we will look at the Asset Valuation approach as the first of three valuation methods for buying a business to be reviewed Read More

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What’s Good for the Goose… Part 4a – Reaching an Agreement on the Purchase Price

In Part 4 of our series “The Components of a Business Purchase and Sale from the buyer’s and seller’s perspective” we will discuss the various ways of reaching an agreeable price for the purchase and sale of a business. As used throughout this series, the old adage “What’s good for the goose, is good for Read More

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What’s Good for the Goose… Part 3b – Stock Purchase, the Buyer’s Perspective

In Part 3b of our series “The Components of a Business Purchase and Sale from the buyer’s and seller’s perspective” we will discuss both disadvantages and advantages of a stock sale from the buyer’s perspective.  As previously discussed, in a stock sale or a membership interest sale (in this article both called a “stock sale”), Read More

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Recent Blog Posts

Wait… Lawyers Do That?

Since the founding of the Strong Firm P.C. in 2004, we have prided ourselves on not only providing excellent legal services, but also playing a large role in our community. Every year I have the opportunity to speak to area students from first grade through college grad students on legal-related
Read More
Wait… Lawyers Do That?

Part II – Probate: Identify the Most Efficient Probate Proceeding – Muniment of Title

Texas law provides several options to transfer ownership of a deceased person’s (usually called a “decedent”) property. We previously discussed the difference between a dependent and an independent administration. The dependent and independent administrations are used when the deceased person’s estate exceeds some minimal thresholds for size or complexity, such
Read More
Part II – Probate: Identify the Most Efficient Probate Proceeding – Muniment of Title

But You are My Attorney, not My Dentist…

Preventive maintenance for your entity from a legal perspective   “An ounce of prevention is worth a pound of cure.” 'De Legibus' (c. 1240) by English Jurist Henry De Bracton   Potential Client:       “I have owned a limited liability company for several years. I haven’t had any issues, but someone is interested in investing
Read More
But You are My Attorney, not My Dentist…

Don’t Fall for This Chinese Trademark Scam

Don’t Fall for This Chinese Trademark Scam A trademark is any word, name or symbol used to identify and distinguish goods and services. For business owners, trademarks provide an easy way to build customer loyalty and communicate the quality and source of goods and services. Businesses often spend a great deal
Read More
Don’t Fall for This Chinese Trademark Scam
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