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Law360 recently talked with Judge Marialyn Barnard, who transitioned this month from the 73rd District Court to Texas Business Court, about the newly created court. https://t.co/r6cC0T2yMS
From Monica H. Smith, John Lawrence and Tom O'Brien of @bakerbotts: "10 Principles That Will Guide the New Texas Business Courts in Breach of Fiduciary Duty Litigation" 𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗮𝗿𝘁𝗶𝗰𝗹𝗲 𝗵𝗲𝗿𝗲: https://t.co/kJKa46DmXp https://t.co/HpBbIcq3iv
Law firms have been preparing for the upcoming Texas Business Court since the state announced that it wanted to compete with the Delaware Court of Chancery, but many have adopted a wait-and-see approach to the Lone Star State's newest venue. https://t.co/aZLbPE1zIf https://t.co/ZTPQMXu94d
Last year, Texas Governor Greg Abbott worked with the Texas Legislature to create the Fifteenth Court of Appeals. Recently, he swore in the inaugural justices of this new court, which aims to uphold the Texas Constitution and state laws while providing businesses with an efficient process to resolve disputes. The creation of this court is part of Texas' broader effort to compete with the Delaware Court of Chancery, a renowned venue for business litigation. Law firms have been preparing for the Texas Business Court, though many have adopted a wait-and-see approach. Judge Marialyn Barnard has transitioned from the 73rd District Court to the Texas Business Court. Monica H. Smith, John Lawrence, and Tom O'Brien have outlined principles that will guide the new Texas Business Courts in breach of fiduciary duty litigation.
