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Home » Topics » Business Management » Legal Issues

Legal Issues
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From the horse’s mouth: Written agreements for your ranch’s equine enterprise

Horses continue to be a part of daily operations as well as an additional source of income. While many horse-related transactions are often bound by a “handshake deal,” failing to adequately document the relative rights and responsibilities of those involved can lead to costly legal disputes.
May 21, 2024
Garrett Reed

Horses have been an integral part of livestock production since they were first imported with cattle by the Spanish in the early 1500s. While some modern ranches have transitioned to the use of “motorized horses” – all-terrain and utility-task vehicles (ATVs, UTVs) and dirt bikes – others continue the legacy of gathering, sorting, doctoring, branding and moving cattle by horseback.


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SEC’s new climate disclosure rules

The SEC adopted its final rules requiring the disclosure of certain climate-related information. The final rules eliminated a controversial portion of the proposed rules, which would have required registrants to disclose information related to Scope 3 GHG emissions, which are known as “value chain emissions.”
April 9, 2024
Kyle K. Weldon

On March 6, 2024, the Securities and Exchange Commission (SEC) adopted its final rules requiring the disclosure of certain climate-related information in filings with the SEC, including registration statements and annual reports.


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A legacy or a lawsuit: What are you leaving behind?

Agriculture is not just a business; it’s a way of life. Well-crafted plans to transition farm and ranch estates to the next generation are essential to keeping this way of life alive for future generations.
March 6, 2024
Amy Teague

Most family farm and ranch owners hope that their operation will continue into the next generation. However, accomplishing this goal doesn’t just happen on its own. A well-drafted estate plan is essential, especially for agricultural operations.


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A lesson on the Corporate Transparency Act

New requirements continue to pop up in the business world, and it is no different in the cattle business. Continue reading to learn more about the Corporate Transparency Act of 2021.
February 16, 2024
Garrett Couts

When I first came across the Corporate Transparency Act of 2021, I thought, “Oh, this is probably a Wall Street thing.” But turns out, it's actually an “almost everyone except Wall Street thing.”


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5 tips to reduce risk of theft on the ranch

Texas and Southwestern Cattle Raiser’s Association Special Ranger Joe Aguilar shares important tips and tricks to help reduce the risk of theft on an operation.
January 12, 2024
Anna Sponheim

In order to keep an operation secure and ensure all different types of assets are properly identified and kept track of, consider these five tips.


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How to address water rights in an agricultural transaction

Anyone dealing in agricultural real estate needs to understand and account for the status of water rights in their transaction, as water rights can make or break an agricultural real estate transaction.
January 11, 2024
Hannes D. Zetzsche

Water rights can make, or break, an agricultural real estate transaction. Irrigation rights alone were appraised at over $24 million in a deal this article’s author helped to close.


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Legal issues transporting livestock

The cattle business is constantly changing. But what isn’t changing is the need to protect yourself and your business when transporting cattle. Legal documents are available for protection for many situations.
December 7, 2023
Audra Rod Smith

Whether you are a hauler, a buyer, a seller, an intermediate livestock auction, order buyer, dealer, packer and so on, there may be some legal considerations for you to take into consideration for your role in the process of hauling cattle.


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Agricultural law year in review

Check out some of the agricultural law news from 2023. Looking forward to 2024, many of these issues will remain critical issues for many agricultural producers around the country.
November 23, 2023
Tiffany Lashmet

As 2023 draws to a close, there is no shortage of agricultural law news to reflect on over the past 365 days. Looking forward to 2024, many of these issues will remain critical issues for many agricultural producers around the country.


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Sometimes it takes a leap of faith

Developing an exit strategy when transitioning the farm to the next generation includes setting exit goals, assessing financial and mental readiness, identifying exiting owner type, selecting an exit option, understanding the value of this option and executing the exit strategy plan.
November 21, 2023
Mark Sherin

It has been said that everyone should have two exit plans. One for where they control each of the circumstances, including their health, timing, business cycles, needs of the next generation, etc. and another plan for when the circumstances are the boss.


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'Breaking in' new laws: An update on the livestock dealer statutory trust

In 2020, the Dealer Trust Act was established for the benefit of unpaid cash sellers of livestock. If a dealer fails to pay sellers for livestock, the Dealer Trust Act then is intended to enable the seller to receive payment through these trust assets.
November 14, 2023
Kyle K. Weldon

Between high production costs, drought and other unpredictable market factors, there are many challenges facing those in the cattle industry. But one challenge no cattle producer wants to experience is when a buyer of cattle defaults on payment.


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