Coffee & Counsel: What the New Texas Fiduciary Law Means for Your Business

Description

Do you own, manage, or invest in a business based in Texas? Are you an enterprising professional who hopes they may be in that position someday? If so, you may not ever think about the legal obligations—called “fiduciary duties”—that you owe to your business, your business partners, or your investors. You don’t always think about where the life jackets are when the water is calm. But if the boat rocks and someone threatens a lawsuit, those fiduciary duties could become very important.

In 2025, the Texas state legislature changed the rules of the road for Texas businesses and fiduciary duties. Texas LLCs, limited partnerships, corporations, and their ownership and management have new decisions to make. These decisions will affect your business and could affect you personally. It is worth taking the time to get educated.

Join the Legislative and Economic Growth Committee of the East Dallas Chamber on November 14th for FREE bagels and coffee, and an informative chat about the new Texas legislation on fiduciary duties. 

Nick Fordice, a Dallas business attorney who has seen what happens when the boat rocks, will be presenting. Afterwards, there will also be an opportunity to network with other local business leaders—over a cup of free coffee and bagels!

Nick Fordice's Bio

Nick Fordice is a litigator who obtains favorable results for his clients across diverse practice areas and various procedural postures. He is a trusted legal thinker and strategist whose insights help his clients at any stage of litigation. Nick has experience joining cases with “bad facts” shortly before trial and implementing pre-trial motion strategies that reduce his client’s risk and transform high-exposure situations into favorable resolutions. Nick is also a valuable asset at the outset of any case, where he crafts and implements proactive, results-oriented legal strategies that begin before a lawsuit is even filed and extend through trial. 

Click here to read his full bio.