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Insights by Brandon Livengood

Brandon Livengood represents companies and individuals facing government enforcement actions, regulatory investigations, and civil litigation involving federal, state, and local authorities. He works with clients across a range of industries to respond to inquiries from state attorneys general, the Federal Trade Commission, and other enforcement agencies, often involving consumer protection and regulatory compliance issues.

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Brandon M. Livengood

Aerial view of the Texas State Capitol building, surrounded by trees and city buildings in Austin, Texas, during daylight—a striking scene for law offices specializing in intellectual property law.

May 7, 2025 Foley Corporate Governance Update

Passage of Senate Bill 29 Positions Texas as a Leading State for Incorporations

The three most significant reforms effected by S.B. 29 are codification of the "business judgment rule," allowing Texas corporations to adopt an ownership threshold that must be met for derivative claims, and allowing Texas corporations to set venue, and waive jury trials, for internal entity claims.

Bronze statue of a horse and rider in front of the Texas State Capitol building under a blue sky with scattered clouds, reminding visitors of landmark sites found near top Chicago lawyers and their offices.

February 27, 2025 Foley Corporate Governance Update

Newly Filed Legislation Positions Texas as a Leading State for Incorporations

On February 27, 2025, Senate Bill No. 29 was filed in the Texas Legislature to introduce a series of corporate reforms that aim to make Texas the preferred jurisdiction for legal domestication.