Foley Attorneys Author Article on New Texas Business Court and Corporate Governance Reforms

Foley & Lardner LLP partner Christopher Babcock and of counsel John Sepehri co-authored The Advocate article, “Delaware vs. Texas: A Comparison of Corporate Governance and Business Courts,” analyzing the new Texas Business Court and state corporate governance reforms.

The authors examine how Texas’s Business Court and recent governance reforms compare to Delaware’s legal framework for corporate matters, highlighting key structural differences and implications for business decisions.

Ultimately, the authors conclude, there is considerable excitement within Texas and nationally that the state’s corporate governance modernization efforts, combined with the establishment of the Texas Business Court, will help advance the state’s objectives to surpass Delaware.