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Christopher J. Babcock

Partner

Christopher J. Babcock

Partner

Christopher Babcock is a partner in Foley & Lardner’s Dallas office with a practice focused on corporate governance, public and private mergers and acquisitions, and securities matters.  He is co-chair of the firm’s Texas Corporate Governance Team.

Christopher is a highly recognized thought leader on Texas law, representing public companies, special committees, privately held companies, private equity funds and nonprofits in corporate governance, reincorporations, disclosure requirements and shareholder campaigns, activist defense, mergers and acquisitions, tender offers, portfolio company management, and a broad range of related matters. He excels at complicated transactions, helping clients to think creatively and working with them to navigate their most significant challenges and other transformational matters.

Christopher serves as the President of the Alliance for Corporate Excellence, a non-profit advocating for laws that ensure corporations are governed by their shareholders and their duly elected boards, and not by nominal stakeholders and was closely involved in drafting and the passage of Texas Senate Bill 29 by the Texas legislature in 2025, including through public testimony in support of the bill.  As a result of this work, Christopher and his co-chair of the Texas Corporate Governance Team, Chris Converse, are considered the leading counselors to Fortune 500 companies when considering incorporating in Texas or otherwise advising on Texas law, and Christopher and his team have unique experience counseling public and private companies in the intricacies of Texas corporate law and its application to public and private companies and their boards and shareholders. Christopher is a leading speaker on Texas law issues and choice of incorporation.

Christopher has co-authored numerous articles relevant to mergers and acquisitions and corporate governance matters published by the Delaware Business Court Insider, the Harvard Law School Forum on Corporate Governance and Financial RegulationLaw360, and others, and serves as the outside editor for Thompson Reuters O’Connor’s book on the Texas Business Organizations Code. He has been invited to speak at numerous events, including meetings of the Technology Special Interest group of Financial Executives International, the Dallas Bar M&A Section, and the Choice, Governance & Acquisition of Entities conference.

Prior to law school, Christopher served as an instructor-qualified airborne intelligence officer in the U.S. Air Force, earning the rank of captain.  He serves as the President of the Alliance for Corporate Excellence, a non-profit advocating for laws that ensure corporations are governed by their shareholders and their duly elected boards, and not by nominal stakeholders.

Representative Experience

Private Equity

  • Represented Rosewood Private Investments in the acquisition, sale, growth, and management of a number of portfolio companies, including INW Manufacturing (cumulating in a sale to Cornell Capital), Novaria (cumulating in a sale to an affiliate of KKR) and others.
  • Represented Strait Lane Capital Partners in numerous sales and acquisitions of a number of its portfolio companies, including its sale of Griswold LLC to Rogers Corporation.
  • Represented Riata Capital Group in connection with the acquisition of multiple practices in connection with formation and growth of an optometry platform company.
  • Represented Star Dental Partners in multiple acquisitions of dentist practices.
  • Represented Highlander Capital Partners in connection with series of follow-on acquisitions to grow, and divestitures from, an auto products portfolio company.
  • Represented LKCM Headwater in acquisition of TestEquity, a value-added distributor of test and measurement equipment and MRO tools and supplies for laboratories and electronics manufacturing, and a manufacturer of environmental chambers, and in sale of Heads Up Technologies, an aerospace manufacturing company.

Corporate Governance

  • Represented Stryker Corporation in connection with governance and internal restricting matters concerning various subsidiaries.
  • Represented conflicts committee of general partner of Alon USA Partners, LP, in connection with controlling limited partner taking the master limited partnership private.
  • Represented FUNimation in connection with equity compensation and related issues raised in connection with its acquisition by Sony Pictures Television.
  • Represented certain director/shareholders of Good Times Restaurants Inc. in dispute about composition of board.

Other

  • Represented Evans Enterprises in its sale to Integrated Power Services.
  • Represented Sachs Capital in connection with take-private acquisition of RMG Networks Holding Corporation and related bridge financing.
  • Represented 1st Global, Inc., including its registered investment advisor and broker-dealer subsidiaries, in its acquisition by Blucora, Inc.
  • Represented Stryve Foods in connection with its de-SPAC transaction and subsequent matters.

Awards and Recognition

  • Stand-out Lawyer, Thomson Reuters (2025-2026)
  • Super Lawyers® – Texas Rising Stars (2018-2022)
  • Texas Lawyer’s Texas Legal Excellence Awards – On the Rise Award (2021)

Affiliations

  • Past chair, Dallas Bar Association – Mergers & Acquisitions Section (2017-2019)

Community Involvement

  • Member, Baylor University’s Honors College Advisory Council

Presentations and Publications

Close-up view of classical building columns and ornate architectural details against a partly cloudy blue sky, evoking the prestige and tradition often associated with Chicago lawyers.
May 29, 2026 Foley Corporate Governance Update

DExit One Year Later: An Assessment of SB21, the Continuing Pace of Reincorporation and the Maturation of Texas as a Corporate Domicile

When I last addressed the so-called DExit phenomenon, Delaware’s General Assembly had just enacted Senate Bill 21 in response to the growing concern that public companies, prompted by a series of decisions from the Delaware Court of Chancery, most prominently Tornetta v. Musk, were reconsidering their historical preference for incorporation in Delaware.
Close-up view of classical building columns and ornate architectural details against a partly cloudy blue sky, evoking the prestige and tradition often associated with Chicago lawyers.
May 28, 2026 Foley Corporate Governance Update

Exxon Shareholders Approve Redomestication to Texas: A Milestone for Corporate Mobility

This landmark decision reflects a growing trend among large public companies to re-evaluate their state of incorporation in light of evolving legal frameworks and business priorities.
May 28, 2026 In the News

Christopher Babcock Featured on Exxon Shareholder Approval of Texas Redomestication

Foley & Lardner LLP partner Christopher Babcock is featured across the media for discussing the Institutional Shareholder Services’ (ISS) decisions on proposed Texas reincorporations.
Close-up view of classical building columns and ornate architectural details against a partly cloudy blue sky, evoking the prestige and tradition often associated with Chicago lawyers.
April 30, 2026 Foley Corporate Governance Update

Exxon Texas Move Shows Shareholders, Not Cynics, Are in Control

Exxon Mobil Corp.’s proposal to reincorporate in Texas from New Jersey is a classic type of corporate governance plan: The board considers a transaction, discloses its rationales and process, and puts the decision to its shareholders.
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April 16, 2026 Foley Viewpoints

Delaware Chancery Rejects “Race to the Courthouse” in Enforcing Texas Exclusive Forum Bylaw, Dismissing Three Derivative Lawsuits filed before Tesla’s Redomestication

On April 13, 2026, the Delaware Court of Chancery dismissed three derivative suits in In re Tesla, Inc. Derivative Litigation based on Tesla’s forum selection bylaw requiring that those lawsuits be brought in Texas. All three derivative lawsuits were filed after Tesla announced its proposal to redomesticate and adopt a Texas exclusive forum bylaw but before the redomestication and amended bylaw became effective after shareholder approval.
March 26, 2026 In the News

Christopher Babcock and John Sepehri Highlighted for Panel Insights on 'Y'all Street' Momentum

Foley & Lardner LLP partner Christopher Babcock and of counsel John Sepehri are featured for their perspective on the accelerating growth of 'Y'all Street' in The Texas Tribune article, "Legislators, business leaders highlight Texas policies driving competition with Wall Street."