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It is common for buyers, sellers, lenders and real estate professionals to place different appraisal values on the same property. Reconciling the differing values is a significant part negotiations between the buyer and the seller. However, once they can arrive at an...
We wrote about commercial real estate indicators at the end of last year. At that time, there was concern about interest rates, inflation, recession fears, falling prices and other issues. We did not predict that the federal government would have to bail out banks,...
The Directors of the Texas Board of Legal Specialization (TBLS) recently announced that it appointed Stephenson Fournier partner Chris Hanno to its Real Estate Law Exam Commission. His three-year term runs from March 24, 2023, through February 1, 2026. Mr. Hanno will...
The Texas energy industry has a rich and colorful past, with wildcat rigs out searching for oil and gas in the first half of the 20th century. Fortunes were made in the old days by gambling if there was oil or gas and how much. Technology has refined exploration...
Companies are always looking at different incentives to motivate their employees better. Examples include year-end bonuses, profit sharing, restricted stock or stock options. These perks can increase productivity, improve the company's overall success and retain...
An estimated 95% of M&A deals, usually privately held but sometimes public, include a purchase price adjustment. This mechanism confirms the actual value of the target company at or after closing. These adjustments put the buyer and seller on equal footing and...
Companies use non-disclosure agreements to protect themselves and the ongoing viability of their business as they enter and exit business agreements with employees, vendors and business partners. When using these agreements, the company should ask two key questions:...
Texas is a major player in oil and gas production in the United States and has been for many decades. An important part of that production involves oil and gas companies approaching landowners to harvest the deposits below the surface. These deals typically involve a...
Those who are financially strategic understand the necessity of diversifying their investment portfolio. Real estate investments are often complementary because they are less volatile than the stock market and include a finite and insured inflation hedge. Investors...
It is unfortunate that many partnerships are doomed from the start or run into trouble down the line. Problems often arise over differing philosophies regarding growth strategy, branding and culture. While different but complementary skill sets are an asset, some...