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
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.
On May 25, 2023, the Texas Legislature passed HB 19, legislation that creates specialized business courts. The bill now will make its way to the Governor's desk for consideration.
On May 25, 2023, the Texas Legislature passed HB 19, legislation that creates specialized business courts. The bill now will make its way to the Governor’s desk for consideration. Here.
TX HB 19, waiting for Gov. signature, legislation will create specialized business courts. Business court judges appointed by Governor advice and consent of the Senate, for a fixed term, and subject to certain qualification. Creates Tiers of jurisdiction for business courts