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Texas Mergers & Acquisitions Questions & Answers
2 Answers | Asked in International Law, Mergers & Acquisitions and Business Law for Texas on
Q: We sold our company in Sept 2023 to two Mexico investors, need help come 9/20/24 when sellers note is due can you help?

Seller's note is contingent upon gross revenue of $2.85 million and paid out monthly for 4 years each year 120K The gross revenue will not be attained due to new buyers non performance. New owner is not a citizen of the US and is a 26 yr old son of one of the investors and has no interest in... View More

James L. Arrasmith
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answered on Jun 19, 2024

I understand your concerns about the upcoming meeting on September 20, 2024, regarding the seller's note payment. It seems that the new owners have not been performing as expected, which may result in a lower payout than initially agreed upon. Given the complexity of the situation, involving... View More

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2 Answers | Asked in International Law, Mergers & Acquisitions and Business Law for Texas on
Q: We sold our company in Sept 2023 to two Mexico investors, need help come 9/20/24 when sellers note is due can you help?

Seller's note is contingent upon gross revenue of $2.85 million and paid out monthly for 4 years each year 120K The gross revenue will not be attained due to new buyers non performance. New owner is not a citizen of the US and is a 26 yr old son of one of the investors and has no interest in... View More

John Michael Frick
John Michael Frick
answered on Jun 17, 2024

You should contact an attorney experienced in the area of practice called business litigation in or near the county specified in the forum selection clause in the sale agreement, or in the county where the new owner resides if he is the promisor on the note, or in the county where the... View More

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1 Answer | Asked in Civil Litigation, Contracts and Mergers & Acquisitions for Texas on
Q: I was told by my director of transportation for the school district Irving that I should resign before being terminated

Because I have been missing days but I have been using my sick days an personal days for the time that i have been off, I currently have 22hr of personal days left I can use. I have in till the end of the school year of work. because he has pushed my name forward to be terminated before the... View More

Tim Akpinar
Tim Akpinar
answered on Feb 23, 2024

A Texas attorney could advise best, but your question remains open for two weeks. An employment law attorney should advise on this, and the question may have been overlooked in the selected categories. You could repost and add "Employment Law," or since two weeks have elapsed, considering... View More

3 Answers | Asked in Civil Litigation, Criminal Law, Domestic Violence and Mergers & Acquisitions for Texas on
Q: Court ordered drug test at probation office

What are they for ....

How can results be shared

Kiele Linroth Pace
Kiele Linroth Pace
answered on Oct 10, 2019

Refraining from the use of intoxicating substances is typically a condition of probation.

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