What is a Security?

In general terms, a security is defined by statute and can be an agreement or contract between an investor (an individual, a group, or an institution) and an issuer (a corporation or a governmental entity). Issuers create and issue securities or debt in order to raise...

The Medical Malpractice Labyrinth

Medical Malpractice “reform” has been a mantra of politicians for years. Texas has all but declared a “state of emergency” to prevent “frivolous” medical malpractice cases. Texans have listened, believed and followed their elected officials. Interestingly, those same...

What is a Tort?

Everywhere you turn, you hear: “Tort Reform.” Everybody wants it! Business needs it! Fairness demands it! But what, exactly, is a tort? The answer might surprise you. Texas has two types of law: Criminal law and civil law. Criminal law, as its name implies, deals with...