Mark Solomon

Mark Solomon

Katten Muchin Rosenman LLP

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Texas Governor Signs New Business-Friendly Governance Law to Promote In-State Corporate Growth: Senate Bill 29 Analysis

On May 14, 2025, Texas Governor Greg Abbott signed Senate Bill 29 (SB 29), which had been passed by the Legislature on May 7. The Bill, effective immediately, amends various provisions of the Business Organizations Code to...more

5/15/2025  /  Business Entities , Business Judgment Rule , Corporate Governance , Directors , Limited Partnerships , New Legislation , Publicly-Traded Companies , Shareholder Litigation , Shareholders , Texas

Texas (Business) Courts to Open for Business: Law Creating Specialized Business Courts in Texas Becomes Official

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 Delaware and New York, Texas's business court...more

6/13/2023  /  Business Court , Business Disputes , Business Litigation , Corporate Governance , Derivative Suit , Publicly-Traded Companies , Securities Litigation , Texas , Unfair or Deceptive Trade Practices
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