Haynes Boone Partner David Harper spoke to the Houston Chronicle on the new Texas Business Courts.
Read an excerpt below:
"If we pass this, I'm going to have one task," Abbott said before the Legislature's action. "People will be coming here so fast, so furious, I'm going to have to build a wall on the north, east and west of the state of Texas to keep people from storming into our state." …
"It has the potential to bring some of those biggest business-oriented disputes back to Texas that might otherwise be in Delaware or in arbitration," said David Harper, a partner at corporate law firm Haynes Boone in Dallas.
He added that business courts could also help ease bottlenecks across the state's judicial system. The state's civil courts in particular, he said, are tasked with cases that range from car wrecks to billion-dollar disputes over transactions, with the latter requiring particular resources.
"They tend to be more complicated, more time-consuming, heavy into the documents of an organization," Harper said. "So to pull them out in a specialized court could actually help the other courts administer all the other important cases that they’re handling."
Read the full article at the Houston Chronicle here.
