Latest from Freeman Law - Page 2

Under Texas law, a plaintiff can recover damages that result from another party’s fraud.  A cause of action for fraud may arise when one party knowingly makes a false, material representation with the intent to induce someone else to act

Section 1445 of the Internal Revenue Code generally imposes a withholding obligation on purchasers (i.e., the “transferee”) with respect to a seller’s disposition of a “U.S. real property interest” (USRPI).  Under section 1461, the transferee/purchaser is liable for withholding tax

The Texas Supreme Court has held that Texas has a “public policy strongly favoring the freedom of parties to contract.” At the same time, it has recognized that “this notion that parties are free to negotiate their own bargains conflicts with the