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Business Court Rules That Promissory Note Not a Security under the Texas Securities Act
The Business Court has granted partial summary judgment to a defendant who argued that a promissory note was not a security as defined by the Texas Securities Act. Jean Christine Thompson and Thompson Petroleum Corporation v. Anchor Capital GP LLC and Michael Mann...
Business Court Denies Motion to Remand Dispute Between Owners of Freestanding Emergency Facility
The Business Court has denied a motion to remand a case arising out of an alleged diversion of a business opportunity committed by members of an LLC that owned a freestanding emergency medical facility in Galveston County. South Shore ER, LLC and Suchmor Thomas,...
Business Court Denies Boeing’s MSJ in Dispute With Southwest Airline Pilots Over 737 MAX
The Business Court has denied Boeing’s motion for summary judgment in its dispute with the Southwest Airlines Pilots Association over whether Boeing’s misrepresentations about the safety of the 737MAX induced the pilots to enter into a collective bargaining...
Business Court Denies India-Based Lawyers Access to Defendant’s Confidential Information in Trade Secrets Case
The Business Court has denied lawyers with an India-based law firm access to a defendant’s highly confidential information because of the risk of inadvertent disclosure. Unimacts Global, LLC, Zetwerk Manufacturing US Inc., and Zetwerk Manufacturing Business Private...
Governor Abbott Sets Special Election For Texas Senate District 22
Governor Greg Abbott today issued a proclamation announcing Tuesday, November 3, 2026, as the special election date for the Texas Senate District 22 seat recently vacated by Senator Brian Birdwell. Candidates who wish to have their names placed on the special...
Business Court Issues Opinion Explaining Summary Judgment Favoring the Dallas Mavericks Over the Dallas Stars
In an opinion by Judge Whitehill, the Business Court has issued a second lengthy opinion in a dispute between the Dallas Mavericks and theDallasStars over ownership of a company that operates the American Airlines Center. Dallas Sports Group, LLC and Radical Arena,...
Business Court Remands Employment Discrimination Case for Lack of Jurisdiction
The Business Court has remanded an employment discrimination action to a Harris County district court after Plaintiff’s former employer removed the case to the Court. Brown v. Exxon Mobil Corporation (2026 Tex. Bus. 35; May 29, 2026) arose from a long-time employee...
Business Court Grants Summary Judgment to Plaintiff in Breach of Contract Case Involving Sale of ETF Management Assets
The Business Court has ruled that a contract promising “payments in perpetuity” in exchange for a high yield ETF fund means what it says, even though the buyer shut down the fund. Cobalt Falcon, LLC v. AXS Investments, LLC (2026 Tex. Bus. 30; May 19, 2026; 2026...
Business Court Rules in Favor of Texas Rangers Owner Bobby Simpson In Dispute With His Former Spouse
The Business Court has sided with one of the owners of the Texas Rangers in a dispute over the terms of an agreed divorce decree that established a constructive trust for his former spouse’s share of Rangers ownership units awarded to her in the divorce. Janice L....
Business Court Throws Out Breach of Contract Claim for Noncompliance with Statute of Frauds
The Business Court has granted summary judgment in favor of a real estate developer who argued that a contract with a homebuilder to purchase lots in a subdivision was unenforceable under the statute of frauds. Riverside Homebuilders, Ltd. v. FG Aledo Development,...
15th Court of Appeals Affirms TC Summary Judgment for Workers’ Compensation Carrier in Benefits Dispute
The 15th Court of Appeals has affirmed summary judgment in favor of a workers’ compensation carrier in a dispute with an injured worker over the scope of her injury. Stephanie Lovings v. American Zurich Insurance Company/Texas Department of Insurance Division of...
15th Court of Appeals Agrees with Trial Court That PUC Amendment to Rate Filing Package for Municipal Transmission Utility Was Arbitrary and Capricious
The 15th Court of Appeals has affirmed a Travis County district court ruling that the PUC violated its own rules when it made a significant change in its Rate Filing Package for municipal transmission facilities without giving public notice and holding a public...