Texas like commercial court systems Delaware, New York has developed a business court system in Texas to hear shareholder derivative actions, corporate governance, securities litigation cases, Texas Business Organizations Code cases, Texas lawsuits publicly traded companies
Texas modified state law regarding personal data breaches. Breaches impacting 250 people or more must be reported within 30 days to Attorney General via online portal. Previously rule 60 days with no required mechanism. Consumers notified in 60 days. Effective September 1.
Last Friday, June 9, Texas Governor Greg Abbott signed Texas House Bill 19, which codifies a business court system in Texas. Similar to the commercial court systems that exist in.
Although wading through the salient headlines from the 2023 Texas state legislative session has felt like an endless feat, Texas businesses (and litigators) should take some time to.