What happened: The Texas Business Court is redefining corporate litigation with a focus on efficiency, innovation and attracting high-profile business disputes.
Remind me: The court was established to address high-dollar, complex business-to-business cases, providing faster rulings and specialized expertise, and officially began operations on Sept. 1, 2024.
Tell me more: The business court offers Texas businesses a more efficient, specialized and transparent approach to resolving disputes than filing in a traditional district court.
- Its innovative model could position Texas as a serious challenger to Delaware’s long-standing dominance in corporate governance.
TLR Thoughts: The Texas Business Court is a bold opportunity for the state to lead in corporate governance. Looking ahead, the Legislature can do more to improve the business court’s operations in the upcoming legislative session, as well as bolster the corporate governance laws that fall within the business court’s jurisdiction.
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