Gov. Stitt pushes for creation of ‘business courts’ in Oklahoma
Here’s what happened: Oklahoma is the latest state to consider creating a specialized business court to streamline the resolution of complex business disputes. In their own words: “Businesses need certainty and they need that done quicker. That’d be another huge, huge advantage for our state if we can get that across the finish line this […]
After post-Ida lawsuit spike, lawmakers seek big changes for home insurance claims
Here’s what happened: After rampant post-hurricane lawsuit abuse caused property insurance costs to skyrocket and limited availability in Louisiana, lawmakers are considering common-sense reforms to help curb abusive insurance litigation. Remind me: Following Hurricanes Laura and Ida, Louisiana’s property insurance markets have been in crisis due to the influx of unnecessary litigation. One Houston-based firm […]
Commentary: Charleston should withdraw its climate lawsuit
What happened: Former South Carolina State Representative Lin Bennett is out with a piece criticizing the city of Charleston’s “reckless” climate nuisance lawsuit against energy companies, saying it threatens the production of critical energy for Americans and will increase prices for families. Find out more Tell me more: Dozens of local and state governments have […]
Elon Musk to make another break with Delaware by moving SpaceX to Texas
Here’s what happened: Not long after moving Tesla’s business incorporation to the Lone Star State, Elon Musk announced the move of SpaceX’s incorporation from Delaware to Texas. SpaceX, which already operates out of Bastrop, McGregor and South Texas, is one of the world’s most valuable private companies. Musk posted this image on X after announcing […]
Elon Musk Isn’t the Only Billionaire Fighting Delaware
What happened: The Texas business court continues to get national attention thanks to Elon Musk’s comments about moving Tesla’s incorporation from Delaware to the Lone Star State. Tell me more: Texas is home to 54 Fortune 500 company headquarters. We are the eighth largest economy in the world, and the nation’s job creation engine. This […]
Abuse of Public Nuisance Tort Litigation Is the Real Nuisance
Here’s what happened: Attorney and legal commentator John Shu is out with a piece analyzing the expanded role nuisance litigation has taken in recent years. Go further: Despite past court rulings that public nuisance laws don’t apply to products, the use of public nuisance claims against energy companies has become appealing for state and local […]
Elon Musk goes all-in on Texas over his $55 billion pay package rejection
Here’s what happened: Elon Musk, the business magnate behind SpaceX and Tesla, is considering moving Tesla’s legal incorporation from Delaware to Texas. Musk’s decision comes after a Delaware judge nullified his $55 billion compensation package. What’s new in Texas: This September, Texas’ specialized business court–a critical economic development tool that will increase efficiency and expertise […]
Harris County official Eric Dick ordered to pay over $250K in fines for mishandling lawsuits in private practice
What happened: Last week, a Galveston County judge issued a $114,519 penalty against storm-chasing Houston attorney Eric Dick for improperly handling an insurance case for a client. This is the second time in three months Dick has been penalized for filing frivolous property damage cases. Last October, Dick was sanctioned $137,000 in Harris County Civil […]
A Dallas-based appeals court is now considered a judicial hellhole
Here’s what happened: Austin attorney Roger Borgelt is out with an opinion piece in the Dallas Morning News about the American Tort Reform Foundation’s Judicial Hellholes report naming the Dallas-based Fifth Court of Appeals to its “Watch List.” Tell me more: The watch list highlights courts with a pattern of unfairly applying the law—in the […]
The Latest Ad Boom: Lawyers Seeking Plaintiffs for Mass Litigation
What happened: X Ante, a firm that specializes in research on mass tort advertising, reports more than $160 million worth of mass tort TV ads—or nearly 800,000 spots—ran in 2023. Zoom in: This corresponds with a 24% increase in federal civil cases in 2023, many of them mass tort. Go further: Third-party investors are playing […]