Tricks Not Treats: Good Faith Promises to Perform Don't Hold Up in Shareholder Buy/Sell Agreements Under Texas Law

10.14.19

Minority investors who purchase an ownership interest in a private Texas company are advised to secure an exit strategy confirmed in a Buy/Sell Agreement at the time they make their investment. But investors who look closely at the specific terms of their Agreement may find that the contract contains an unwelcome surprise if it includes...