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New Texas Legislation Means More Corporate Cases Will Be Resolved in Specialized Texas Business Courts

The Texas Legislature has refined the structure and jurisdiction of the Texas Business Court through amendments signed by Governor Abbott on June 21, 2025. The changes aim to broaden the court’s authority, streamline complex...more

Texas Business Court Asserts Jurisdiction in $95 Million Texas Lottery Dispute

A recent decision from the Texas Business Court, Reed v. Rook TX, LP, centers on a dramatic claim: Jerry Reed, who “won a $7.5 million Lotto Texas jackpot in May 2023,” alleges that “his winnings would have been $95 million...more

Texas Business Court Upholds Exculpation Clause—Limits Fiduciary Duty Exposure

In its May 22, 2025, memorandum opinion, the Business Court of Texas dismissed all claims against Christopher Doyle (PEC’s CEO) and certain Blackstone-affiliated entities. The Court held that § 13.9 of the Third Amended...more

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