A falling out among partners, shareholders or business owners can seem like the end of the world. A minority shareholder may lose employment, income, and net worth -- and can do nothing to stop it. Even a majority shareholder may feel at the mercy of the legal system when sued by an unhappy partner.
Texas law has changed, but it still offers significant protection against shareholder oppression.
If you need legal protection of your business ownership rights, you need Fryar Law Firm.
In 2014 the Texas Supreme Court struck down the shareholder oppression doctrine and held that traditional causes of action must develop to "fill in the gaps" to protect shareholders.
Filling in the Gaps: Shareholder Oppression After Ritchie v. Rupe Part 1, by Eric Fryar, just published in the Texas Journal of Business Law.
Above The Law (@atlblog), one of the most widely read and respected internet publications devoted to the legal profession, named Fryar Law Firm one of the 20 "Wild West Elite" law firms: "The Go-To Law Firms of Texas, Colorado and Utah" for small businesses, investors, and entrepreneurs, alongside the likes of Norton Rose Fulbright, Jones Day, Vinson & Elkins, Locke Lord, and Baker Botts.
Fryar Law Firm, P.C. is a Houston, Texas-based firm that fights to protect shareholders rights and to stop minority shareholder oppression, squeeze-outs, and abuses of corporate power.
Fryar Law Firm’s practice is devoted to protecting the rights of business owners and fighting for shareholders facing shareholder oppression, squeeze-outs, and violations of rights. Our attorneys have helped thousands of business owners in Texas and all over the country. You are not at the mercy of your business partners. We represent both majority and minority shareholders and discretely advise business owners how to avoid or prepare for litigation. We consult with other lawyers to find the strongest litigation strategy and legal theories. We fight for our clients in the courtroom and get results. We bring to our clients a solid record of achievement and the knowledge, skill, and tenacity to get the job done.
More than 85% of our practice is devoted to representing owners of small business in disputes with their business partners. Our practice is "all in" for minority shareholders and small business owners. Our clients can count on us to hit the ground running, instead of learning on the job.
We understand how to win these cases because we handle them every day!
Not only have we been handling shareholder disputes for more than two decades, we are deeply involved in research, writing, and speaking on our area of the law. We work to innovate and push the development of the law and regularly take cases on the cutting edge.
We have negotiated buy-outs for hundreds of minority shareholders and have won for our clients in trial and appellate courts. Even after Texas abolished the Shareholder Oppression Doctrine, we continue to get results for oppressed minority shareholders.
According to the Texas Lawyer, we achieved the largest fraud verdict in Texas in 2015 for a group of minority shareholders.
A group of "defrauded investors and I engaged the Fryar Law Firm to seek justice. Eric Fryar showed incredible loyalty to his clients, tenacity, and determination in fighting for our rights over five long years. During a three week trial, Eric proved himself an outstanding trial lawyer and withstood everything that the opposition could throw at us, achieving one of the largest verdicts in the country during 2015.
Adrien Poulliot, Canadian Businessman
"After being bullied out of my own company of 11 years I hired Eric Fryar. He and his associates helped me through the most painful experiences of my life. They were always reachable and responsive. They were sensitive, thoughtful, and detailed. This law firm combines great legal skill and compassion for those who are victims of corporate fraud. Eric Fryar is sharp, focused, well-organized, highly ethical, and highly effective in court."
Misty Cauthen, Houston Businesswoman