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
Company Sales and Purchases
Selling a business, partner buyouts and search fund and independent sponsor deals.
Startups and Ownership
Founder equity and vesting, forming the entity and shareholder agreements.
Contracts and Outside Counsel
Joint ventures, contract review and outside general counsel.
Disputes Between Owners
Partnership disputes, breach of fiduciary duty and business fraud claims.
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
Have a question that isn't answered here? Call us at (817) 631-8842 or send a message.
Ask a QuestionMy 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.
Other Areas We Serve
- Plano
- Southlake
- Addison
- Allen
- Arlington
- Carrollton
- Celina
- Colleyville
- Coppell
- Dallas
- Denton
- Flower Mound
- Fort Worth
- Frisco
- Garland
- Grand Prairie
- Grapevine
- Irving
- Keller
- Lewisville
- Mansfield
- McKinney
- Prosper
- Richardson
- Rockwall
- Weatherford
- Austin
- Bryan-College Station
- Houston
- Katy
- Midland-Odessa
- Round Rock
- San Antonio
- Sugar Land
- The Woodlands
- Tyler
- Waco
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

Our Practice Areas
- Business AcquisitionsWe represent buyers and sellers of Texas businesses, from the first letter of intent through closing and the handoff that follows.Learn More
- Startups, Entity Formation, and Venture CapitalWe help founders and owners form the right entity, set clear ownership terms, raise capital and keep their companies in good order as they grow.Learn More
- Business Counsel and ContractsWe act as outside counsel for established companies and handle the contracts a business signs every week, from vendor and customer agreements to franchise documents.Learn More
- Commercial Litigation and Dispute ResolutionWe resolve business disputes through negotiation, mediation, arbitration and trial, with a plan built around what the client needs from the outcome.Learn More
Request a Consultation
Initial consultations are held by Zoom and typically last 20 to 30 minutes.








