Texas Business Courts
Byron Egan, partner at Jackson Walker and author of Egan on Entities: Corporations, Partnerships and Limited Liability Companies in Texas, presented to DALL members the development of the Texas Business Courts which are coming to Texas in September 2024.
The link to Mr. Egan’s bio, a brief article by him summarizing the Texas Business Courts legislation, and the Zoom location are below. A summary article by him about the legislation is linked below.
Mr. Egan’s bio: Byron F. Egan - Dallas Corporate & Securities Attorney - Jackson Walker (jw.com)
Mr. Egan’s summary of the legislation: Understanding the New Texas Business Court - Jackson Walker (jw.com)
Yet, there are other state business courts...
According to the National Center for State Courts, in the last 4 years, the 4 states that have created statewide business courts are:
1.The Georgia State-wide Business Court ( created by constitutional amendment in 2018; implementing legislation adopted in 2019 );
2. Wyoming Chancery Court (created by statute in 2019; effective date of December 1, 2021);
3. Utah Business and Chancery Court (enacted 2023 , the effective date/stand-up date is October 2024);and
4.Texas Business Court (enacted in 2023, the effective date/stand-up date for the court is September 2024). HB 19 created the Texas Business Court.
Delaware’s Court of Chancery, established in 1792 and often cited as the first business court in the U.S., does hear other case types. By 2020, 25 states had this type of specialized court.
No comments:
Post a Comment