In DrinkPAK, LLC v. PR III/Crow Building C, LP, the Texas Business Court clarified when the 30-day removal deadline begins to run, holding that courts may look beyond pleading language to the underlying contract, transaction value, and pre-suit communications.
In Thompson v. Anchor Capital GP LLC, the Texas Business Court opinion provides insights for businesses navigating contractual relationships, damages proof, and nonwaiver clauses.
Camino Real Developers v. RivenRock serves as an important reminder that Texas LLC membership interests are defined by the governing company agreement.
Continue Reading Texas Business Court Rules: Texas LLC Membership Interests Are Governed by The Company Agreement’s Terms
In The Mark at Weatherford Owner, LLC v. Darwin German, the Texas Business Court’s Eighth Division enforced a contractual put right and clarified how “default” and “payable” are interpreted in commercial agreements.
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.
![gavel[1]](https://www.texasbusinesscourtwatch.com/files/2022/02/gavel1.jpg)
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.