Peters Kussmaul Crosier works with business owners who live or operate in Highland Park and University Park on company sales and purchases, formation and early funding, contracts, and disputes among owners or with outside parties.

Both towns are mostly residential, so much of the legal work is personal to the owner: selling a company built over decades, buying out a partner, or setting the rules for how family members hold shares. Commerce centers on Highland Park's historic shopping village, on Snider Plaza with its boutiques and neighborhood restaurants, and on Southern Methodist University, whose Cox School of Business is home to the Caruth Institute for Entrepreneurship.

Industries We Serve in Highland Park and University Park

Boutiques and Specialty Retail

Owner agreements, vendor terms and the sale or purchase of a shop in the towns' shopping districts. See retail and consumer goods.

Neighborhood Restaurants

Partner and investor agreements, vendor contracts, and buying an established restaurant. See hospitality.

Family-Owned Companies

Buy-sell terms among relatives and partners, planning who takes over, and selling when the owners are ready. See selling a business.

SMU Founders

Forming the company, founder equity and vesting, and raising a first round on SAFEs or convertible notes. See startups and venture capital.

How We Help Highland Park and University Park Businesses

Business Disputes in Highland Park and University Park

Both towns sit wholly inside Dallas County, where business cases from the Park Cities are heard in the county's district courts in Dallas. In federal court, they fall within the Northern District of Texas, Dallas Division. When co-owners are at odds, a negotiated buyout or mediation often ends the dispute sooner than a trial would.

Frequently Asked Questions

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Ask a Question
My partner and I both live in the Park Cities. What happens to our company if one of us dies?

Without a buy-sell agreement, the shares usually pass to the owner's estate, leaving the survivor in business with heirs. A buy-sell agreement sets who buys, at what price and how it's paid, often with life insurance. See shareholder and buy-sell agreements.

We started our company as SMU students. Could the university claim what we built?

It depends on the university's intellectual property policy and how the work was done, since using university labs, funding or staff can give the school rights. Check the policy and any accelerator agreements before investors ask. See founder equity and vesting.

We're buying a shop in Snider Plaza. What should the deal include besides inventory?

The name, website, social accounts and customer list, an assignment of the lease with the landlord's consent, and a non-compete from the seller. Also settle how gift cards will be honored, and get the Comptroller's certificate showing sales taxes are paid. See asset purchases.

What Sets Us Apart

At Peters Kussmaul Crosier PLLC, you aren’t just a number—you’re a valued partner. We take the time to understand your goals and challenges, working alongside you as trusted advisors to help navigate complexities and seize opportunities. Together, we ensure the success of your business ventures and build a foundation for long-term growth.

About Us
Peters Kussmaul Crosier partners in the firm's office
Team members meeting at a conference table

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