by Torro | May 17, 2022 | Blog, Business Law
Let’s talk this week about succession planning for your business. It’s one of the most important things you can do to protect your business. And guess what? YOU are one of the biggest vulnerabilities for your business.We all know that we’re all subject to...
by Torro | May 3, 2022 | Blog, Business Law, Buying and Selling Businesses
Buying or selling any business comes with certain risks. To avoid getting the short end of the stick, it is necessary to have at least a fundamental understanding of the process. Furthermore, it is important to take certain steps to reduce your risk, make the process...
by Torro | May 3, 2022 | Blog, Cannabis Law, OMMA
Oklahoma HB 3208 and the Oklahoma cannabis licensing moratorium is a House Bill that is on track to pass this year. HB 3208 is one of close to 100 legislative bills introduced during this year’s legislative session that will affect the cannabis industry in Oklahoma....
by Torro | May 3, 2022 | Blog, Cannabis Law, OMMA
The Oklahoma cannabis licensing moratorium, HB 3208, passed the Oklahoma Senate Business, Commerce, and Tourism committee on Thursday, Apr. 14. It has now moved on to the next steps in the legislative process where it is expected to fully pass the Senate. This comes...
by Torro | Dec 16, 2021 | Blog, Business Contracts, Dispute Resolution
In today’s world, almost all business transactions involve an agreement – typically a written agreement. The terms “contract” and “agreement” really refer to the same thing and are often used interchangeably. Breach of contract is one of...
by Torro | Sep 9, 2021 | Blog, Business Contracts, Kansas Business Law, Oklahoma Business Law, Texas Business Law
A valid contract legally binds the parties in the contract to certain duties under the agreement. First and foremost, the parties have a duty to perform their obligations in good faith according to the terms of the contract. As long as they do so, there is no problem....