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Representative matters we have handled on behalf of horse businesses include the following:
- formed a racing syndicate for running American Quarter Horses, and advised the racing syndicate on licensing requirements and Texas and federal securities law compliance;
- formed a “partnership” on Thoroughbred race horses via the formation of a Limited Liability Company, and negotiated the terms of the company agreement on said Thoroughbred “partnership”;
- drafted and negotiated a purchase and sale agreement, including liability release and payment terms, on horse that was sold with “trial” period;
- drafted boarding agreement for boarding stable containing more favorable lien provision than granted by agister’s lien statute, and assisted boarding stable in enforcing said lien when boarder defaulted on board payments;
- obtained federal trademark protection of logo, jockey silks, and name of Thoroughbred racing stable;
- drafted enforceable and effective liability waiver, indemnification, and release for dressage trainer;
- negotiated and drafted co-ownership agreement between Thoroughbred race horse owners and their trainer; and
- helped resolve dispute between owner of Oldenburg show jumper imported from Germany and quarantine facility at which the horse suffered a career-ending injury.
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