In Enosis v. Jensen, the Texas Business Court clarified limits on fiduciary duties in manager-managed LLCs and rejected joint venture theory under Texas law.
Continue Reading Texas Business Court Clarifies Fiduciary Duties in Texas LLCs
Where Business Meets the Bench | Updates from the Texas Business Court and Fifteenth Court of Appeals
In Enosis v. Jensen, the Texas Business Court clarified limits on fiduciary duties in manager-managed LLCs and rejected joint venture theory under Texas law.…
Continue Reading Texas Business Court Clarifies Fiduciary Duties in Texas LLCs
The Texas Business Court analyzed a Texas LLC agreement’s drag‑along provision, focusing on board approval requirements for membership unit transfers.…
A recent decision from the Texas Business Court (First Division) provides guidance on nonwaiver clauses and the importance of defined terms in contract interpretation under Texas law.…
A Texas Business Court decision analyzed LLC director advancement of legal fees, governing agreements, excused conditions precedent, and the “by reason of” standard.…
The Texas Business Court addressed vesting, reversion triggers, retained-acreage limits, and payout calculations in a March farmout agreement opinion.…
A recent Texas appellate opinion examines when attorney immunity applies and where conduct may cross from protected legal services into unprotected business activity.…
In this Texas Business Court Watch episode of Big Law Redefined, GT litigators Roland Garcia and Cara Kelly join host Craig Duewall to recount winning the first-ever jury trial in the Texas Business Court. From courthouse lights shutting off mid-argument to last-minute courtroom changes, they share what it truly takes to navigate this emerging and sophisticated commercial forum.
Continue Reading Big Law Redefined Podcast | Making History: Inside the First Jury Trial Victory in the Texas Business Court
Texas Business Court confirms only current LLC members have standing to bring derivative claims under the Texas Business Organizations Code.…
Continue Reading Texas Business Court Reinforces Standing Rules for LLC Derivative Lawsuits
In Galderma Laboratories, L.P. v. Erick Brenner, Judge Brian Stagner of the Eighth Division (Fort Worth) granted in part a temporary injunction to enforce a noncompete agreement against a former senior executive who accepted a CEO position with an alleged direct competitor.…