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...Jones resigned last month as the chief judge of the US bankruptcy court for the Southern District of Texas after he admitted to concealing a relationship with Liz Freeman, a Houston bankruptcy lawyer and...
...The Fifth Circuit Court of Appeals which oversees the bankruptcy court in South Texas, released its complaint against Jones on Friday....
...Wilson Chu, a prominent Dallas-based M&A lawyer, has been an enthusiastic supporter of the new Texas court. “Delaware is not quaking in its boots yet. But may be in the future,” he said....
...It also hand-picked its judge: Robert D. Drain, the only bankruptcy judge sitting in the White Plains Division of the Bankruptcy Court for the Southern District of New York....
...The group — which also includes the Business Roundtable, Texas Association of Business and Longview Chamber of Commerce — is asking the court to void the rule and prohibit the FTC from enforcing it....
...Born in Pittsburgh, Cuban moved to Dallas shortly after graduating from Indiana University....
...The billionaire posted his comments about shifting to the state where Tesla’s physical headquarters are located following the ruling this week by Kathaleen McCormick, a judge in the Delaware Court of Chancery...
...“Delaware thinks: ‘We’re smarter than you are, and we’re going to have judges up here in Wilmington look at the economics of your transaction,” said Byron Egan, an elder statesman of the Texas corporate...
...The state passed legislation signed by the governor to create a new Texas business court that will hear corporate disputes with specialised judges....
...Then judge Linda Chan made a sudden intervention. “I consider that it is appropriate for the court to make a winding up order against the company, and I so order,” she said....
...Musk has been railing against the state since late January when a Court of Chancery judge nullified a $56bn stock pay package he had been awarded in 2018....
...An appellate court in Texas is seeking to change its rules to force lawyers to declare whether a generative AI program was used in the drafting of a document, and if so, if it “has been reviewed for accuracy...
...The Houston federal bankruptcy court had become a hotbed for complicated cases as its judges were considered sophisticated and speedy arbiters of the law but also friendly to the wishes of debtors....
...Jones was then the chief judge for the Southern District of Texas (SDTX) federal bankruptcy court and based in Houston....
...The governor of Texas is supposed to be appointing judges to this court any day now. It’s new. It’s obviously untested....
...The US Securities and Exchange Commission, which regulates financial markets, is facing a challenge in the Supreme Court from a Texas hedge fund manager who challenged the agency’s in-house courts....
...“I recommend incorporating in Nevada or Texas if you prefer shareholders to decide matters.” Letter in response to this article: Will Musk’s pay setback discourage other IPOs?...
...“I recommend incorporating in Nevada or Texas if you prefer shareholders to decide matters.” Here’s more on the court decision and what it could mean for Tesla....
...After the February decision, Musk complained about the Delaware corporate law court and exhorted other companies to move their domicile to Nevada and Texas....
...She was a judge in the Arizona state court system before being selected by Reagan — who had vowed during his presidential campaign to place a woman on the Supreme Court — to fill a vacancy created by the...
...On Monday a Texas judge rejected the claim and said that Souki and his guarantors still owed “at least” $100mn to the secured parties....
...Texas has a long way to go to match it, and the southwestern state’s judges would not gain credibility if they merely did the bidding of wilful entrepreneurs....
...There is perhaps no state in the West so prone to self-mythology as Texas. And in Texas, nowhere holds on tighter than the monied cowboy town of Fort Worth....
...Last week the company criticised Brazilian judges’ orders for it to censor “certain popular accounts”....
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