Texas Tackling Trade Practices

Dear Client:What's legal, what's not? It seems as though many states are asking that question these days, (we're looking at you, Massachusetts). In the midst of an ongoing court battle about the so-called "one share rule" (whether anybody in each of the three tiers can own as little as one share of a company in another tier), last week the Texas Alcoholic Beverages Commission held a meeting to address trade practices.According to the TABC, meeting was in response to "numerous