Posts By: Rachel Lamphier

Common Red Flags in Shared Development Between Oil Companies and Landowners: And How to Resolve Them

Common Red Flags in Shared Development Between Oil Companies and Landowners: And How to Resolve Them written by Katie Parker When oil companies partner with landowners for shared development, the relationship can be incredibly productive and beneficial for both parties. While oil companies aim to responsibly develop valuable resources, landowners seek to protect their land’s… Read more »

Produced Brine Ownership: Worth the Salt, But Who Owns it?

Produced Brine Ownership: Worth the Salt, But Who Owns it? written by Jim Strawn As the demand for valuable minerals sourced from produced water increases, the question of ownership surrounding brine and its components becomes increasingly pertinent. Understanding who retains rights to these minerals is essential for those involved in oil and gas production. Brine,… Read more »

Accommodating the Co-Development of Traditional and Renewable Energy

Accommodating the Co-Development of Traditional and Renewable Energy written by Miguel Otero In the ever-evolving energy landscape, oil pump jacks, towering wind turbines, and solar farms are becoming unlikely neighbors. Across Texas and other states, drilling operations are increasingly coexisting with renewable energy projects. But with these new neighbors come new challenges – chief among… Read more »

The Life Cycle of Investment Funds: Evergreen vs. Annualized

The Life Cycle of Investment Funds: Evergreen vs. Annualized written by Saayem Rahman When it comes to money management, funds are an indispensable tool for the smart investor, but knowing which type of fund best suits your needs is a difficult task for even the most experienced professionals. Annualized and Evergreen Funds are two of… Read more »

Blue Skies Smiling at Me: Exemptions to Registration

Blue Skies Smiling at Me: Exemptions to Registration written by Andrew Clinton Fund investment has historically been a source of potential fraud. As a result, it remains subject to various promulgated federal and state regulations to ensure transparency and disclosure in the pre-investment process. Among these regulations are Blue Sky laws – state laws enacted… Read more »

Keep it in the Family (and Friends) Friends and Family Raise: Promotion and Fee Structure

Keep it in the Family (and Friends) Friends and Family Raise: Promotion and Fee Structure written by Miranda Caballero When raising capital from friends and family, structuring the deal appropriately is crucial for long-term success. These early investors often believe in the founder’s vision before there is much (if any) tangible proof of success, which… Read more »

Breaking News: Texas Federal Court Temporarily Halts Corporate Transparency Act Until Further Notice

Breaking News: Texas Federal Court Temporarily Halts Corporate Transparency Act Until Further Notice written by Miranda Caballero “Reporting companies need not comply with the CTA’s January 1, 2025, BOI reporting deadline pending further order of the Court,” Says Texas Federal Court On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued… Read more »

Breaking News: Treasury and IRS Release Final Regulations for Clean Energy Tax Credits

Breaking News: Treasury and IRS Release Final Regulations for Clean Energy Tax Credits written by Rachel Lamphier The Department of the Treasury and the Internal Revenue Service (“IRS”) have introduced final regulations allowing certain entities co-owning clean energy projects to access tax credits through elective pay, also known as direct pay. Previously, many entities that… Read more »

The Right (to) Party: Designating the Correct IRS Tax Matters Partner/Responsible Party

The Right (to) Party: Designating the Correct IRS Tax Matters Partner/Responsible Party written by Saayem Rahman When forming a business, all entities are required to designate an individual as the business entity’s “Responsible Party.” But what is this party responsible for? Why does the IRS require such a designation? Who can be designated as a… Read more »

What to Know About Voting Thresholds in Multi-Member LLCs

What to Know About Voting Thresholds in Multi-Member LLCs written by Miguel Otero Coming to an agreement with your business partners isn’t always so simple, especially when a decision significantly affects the business. Indeed, certain company decisions should, and almost always do, warrant greater consensus amongst the members of the LLC. Consequently, careful consideration must… Read more »