News

News from our committees on business law topics, announcements and more.

2014 Fall TJBL Files

Volume 46, Issue 1 of the Texas Journal of Business Law
by 5ccf4d57817May 5, 2025

material

About

Apply To Be A Business Law Fellow
by cbmattickMay 3, 2025
The Business Law Section of the State Bar of Texas is looking for people to serve as Fellows in the Development of Business Law. Fellows chosen will be assigned to one year-long project to work on with an experienced business law practitioner.
Members Only

Legislative Report

2025 - 89th Legislative Session

2025-05-01 Report on Bills
by roncMay 2, 2025
These BLS updates are provided periodically throughout the legislative session as directed by the Texas Business Law Foundation (TBLF). The reports are categorized by 11 general subject matter categories edited by the TBLF. Bill references within the updates are interactive for quick access to bill text, sponsors, analyses, and actions. The updates are provided to keep BLS members informed and knowledgeable on the progress of Texas legislation impacting business law.
Members Only

Legislative Report

2025 - 89th Legislative Session

2025-04-24 Report on Bills
by Texas Business Law FoundationApril 24, 2025
These BLS updates are provided periodically throughout the legislative session as directed by the Texas Business Law Foundation (TBLF). The reports are categorized by 11 general subject matter categories edited by the TBLF. Bill references within the updates are interactive for quick access to bill text, sponsors, analyses, and actions. The updates are provided to keep BLS members informed and knowledgeable on the progress of Texas legislation impacting business law.
Members Only

Legislative Report

2025 - 89th Legislative Session

2025-04-16 Report on Bills
by Texas Business Law FoundationApril 16, 2025
These BLS updates are provided periodically throughout the legislative session as directed by the Texas Business Law Foundation (TBLF). The reports are categorized by 11 general subject matter categories edited by the TBLF. Bill references within the updates are interactive for quick access to bill text, sponsors, analyses, and actions. The updates are provided to keep BLS members informed and knowledgeable on the progress of Texas legislation impacting business law.
Members Only

Legislative Report

2025 - 89th Legislative Session

2025-04-10 Report on Bills
by Texas Business Law FoundationApril 10, 2025
These BLS updates are provided periodically throughout the legislative session as directed by the Texas Business Law Foundation (TBLF). The reports are categorized by 11 general subject matter categories edited by the TBLF. Bill references within the updates are interactive for quick access to bill text, sponsors, analyses, and actions. The updates are provided to keep BLS members informed and knowledgeable on the progress of Texas legislation impacting business law.
Members Only

Webinar for CLE Credit

Miscellaneous Publications

How to Sell a Business - Non-Disclosure Agreements
by 24079283April 7, 2025
This webinar is about non-disclosure agreements in the context of selling a business.
Members Only

Webinar for CLE Credit

Miscellaneous Publications

Introduction to Purchase and Sale Transactions
by 24079283April 7, 2025
This is another installment of a series on selling or purchasing a business.
Members Only

Legislative Report

2025 - 89th Legislative Session

2025-04-03 Report on Bills
by Texas Business Law FoundationApril 3, 2025
These BLS updates are provided periodically throughout the legislative session as directed by the Texas Business Law Foundation (TBLF). The reports are categorized by 11 general subject matter categories edited by the TBLF. Bill references within the updates are interactive for quick access to bill text, sponsors, analyses, and actions. The updates are provided to keep BLS members informed and knowledgeable on the progress of Texas legislation impacting business law.
Members Only

Legislative Report

2025 - 89th Legislative Session

2025-03-27 Report on Bills
by Texas Business Law FoundationMarch 27, 2025
The 89th Texas Legislature (Regular Session) convened on January 14, 2025, and runs for its constitutional maximum of 140 days, ending June 2nd. Lt. Governor Dan Patrick presides in the Senate. Rep. Dustin Burrows (R-Lubbock) presides as Speaker in the House of Representatives. Governor Greg Abbott continues to lead the Executive Branch. Sen. Charles Schwertner (R-Georgetown) chairs the Business & Commerce Committee (B&C) in the Senate. In the House, the Business & Industry Committee is replaced by the new Trade, Workforce & Economic Development Committee (TWED). Rep. Angie Chen Button (R-Dallas) is the chair of TWED. Sen. Bryan Hughes (R-Mineola) chairs the Senate Jurisprudence Committee. In the House, Rep. Jeff Leach (R-Plano) chairs the Judiciary & Civil Jurisprudence Committee (JCJ). These BLS updates are provided periodically throughout the legislative session as directed by the Texas Business Law Foundation (TBLF). The reports are categorized by 11 general subject matter categories edited by the TBLF. Bill references within the updates are interactive for quick access to bill text, sponsors, analyses, and actions. The updates are provided to keep BLS members informed and knowledgeable on the progress of Texas legislation impacting business law.
Members Only

Legislative Report

2025 - 89th Legislative Session

2025-03-20 Report on Bills
by Texas Business Law FoundationMarch 20, 2025
The 89th Texas Legislature (Regular Session) convened on January 14, 2025, and runs for its constitutional maximum of 140 days, ending June 2nd. Lt. Governor Dan Patrick presides in the Senate. Rep. Dustin Burrows (R-Lubbock) presides as Speaker in the House of Representatives. Governor Greg Abbott continues to lead the Executive Branch. Sen. Charles Schwertner (R-Georgetown) chairs the Business & Commerce Committee (B&C) in the Senate. In the House, the Business & Industry Committee is replaced by the new Trade, Workforce & Economic Development Committee (TWED). Rep. Angie Chen Button (R-Dallas) is the chair of TWED. Sen. Bryan Hughes (R-Mineola) chairs the Senate Jurisprudence Committee. In the House, Rep. Jeff Leach (R-Plano) chairs the Judiciary & Civil Jurisprudence Committee (JCJ). These BLS updates are provided periodically throughout the legislative session as directed by the Texas Business Law Foundation (TBLF). The reports are categorized by 11 general subject matter categories edited by the TBLF. Bill references within the updates are interactive for quick access to bill text, sponsors, analyses, and actions. The updates are provided to keep BLS members informed and knowledgeable on the progress of Texas legislation impacting business law.
Members Only

Legislative Report

2025 - 89th Legislative Session

2025-03-13 Report on Bills
by Texas Business Law FoundationMarch 14, 2025
The 89th Texas Legislature (Regular Session) convened on January 14, 2025, and runs for its constitutional maximum of 140 days, ending June 2nd. Lt. Governor Dan Patrick continues to preside in the Senate. Rep. Dustin Burrows (R-Lubbock) presides as Speaker in the House of Representatives. Governor Greg Abbott continues to lead the Executive Branch. Sen. Charles Schwertner (R-Georgetown) continues as chair of the Business & Commerce Committee (B&C) in the Senate. In the House, the Business & Industry Committee has been replaced by the new Trade, Workforce & Economic Development Committee (TWED). Rep. Angie Chen Button (R-Dallas) is the chair of TWED. These BLS updates are provided periodically throughout the legislative session as directed by the Texas Business Law Foundation (TBLF). The reports are categorized by 11 general subject matter categories edited by the TBLF. Bill references within the updates are interactive for quick access to bill text, sponsors, analyses, and actions. The updates are provided to keep BLS members informed and knowledgeable on the progress of Texas legislation impacting business law.
Members Only

Legislative Report

2025 - 89th Legislative Session

Analysis of HB 4518
by 04190735March 14, 2025
Relating to the formation of decentralized unincorporated nonprofit associations and the use of distributed ledger or blockchain technology for certain business purposes; authorizing fees.
Members Only

Legislative Report

2025 - 89th Legislative Session

2025-03-06 Report on Bills
by Texas Business Law FoundationMarch 6, 2025
The 89th Texas Legislature (Regular Session) convened on January 14, 2025, and runs for its constitutional maximum of 140 days, ending June 2nd. Lt. Governor Dan Patrick continues to preside in the Senate. Rep. Dustin Burrows (R-Lubbock) presides as Speaker in the House of Representatives. Governor Greg Abbott continues to lead the Executive Branch. Sen. Charles Schwertner (R-Georgetown) continues as chair of the Business & Commerce Committee (B&C) in the Senate. In the House, the Business & Industry Committee has been replaced by the new Trade, Workforce & Economic Development Committee (TWED). Rep. Angie Chen Button (R-Dallas) is the chair of TWED. These BLS updates are provided periodically throughout the legislative session as directed by the Texas Business Law Foundation (TBLF). The reports are categorized by 11 general subject matter categories edited by the TBLF. Bill references within the updates are interactive for quick access to bill text, sponsors, analyses, and actions. The updates are provided to keep BLS members informed and knowledgeable on the progress of Texas legislation impacting business law.
Members Only

Legislative Report

2025 - 89th Legislative Session

2025-02-28 Report on Bills
by Texas Business Law FoundationFebruary 28, 2025
The 89th Texas Legislature (Regular Session) convened on January 14, 2025, and runs for its constitutional maximum of 140 days, ending June 2nd. Lt. Governor Dan Patrick continues to preside in the Senate. Rep. Dustin Burrows (R-Lubbock) presides as Speaker in the House of Representatives. Governor Greg Abbott continues to lead the Executive Branch. Sen. Charles Schwertner (R-Georgetown) continues as chair of the Business & Commerce Committee (B&C) in the Senate. In the House, the Business & Industry Committee has been replaced by the new Trade, Workforce & Economic Development Committee (TWED). Rep. Angie Chen Button (R-Dallas) is the chair of TWED.
Members Only

Legislative Report

Artificial Intelligence

Analysis of SB 668
by roncFebruary 28, 2025
This bill would would amend the Business & Commerce Code to require large corporations (with revenues greater than $100 Billion) to disclose what AI models they use to provide services. Enforcement of the provisions of this act is by attorney general or an action under the DTPA.
Members Only

Legislative Report

2025 - 89th Legislative Session

2025-02-21 Report on Bills
by bizlawFebruary 22, 2025
The 89th Texas Legislature (Regular Session) convened on January 14, 2025, and runs for its constitutional maximum of 140 days, ending June 2nd. Lt. Governor Dan Patrick continues to preside in the Senate. Rep. Dustin Burrows (R-Lubbock) presides as Speaker in the House of Representatives. Governor Greg Abbott continues to lead the Executive Branch. Sen. Charles Schwertner (R-Georgetown) continues as chair of the Business & Commerce Committee (B&C) in the Senate. In the House, the Business & Industry Committee has been replaced by the new Trade, Workforce & Economic Development Committee (TWED). Rep. Angie Chen Button (R-Dallas) is the chair of TWED. These BLS updates are provided periodically throughout the legislative session as directed by the Texas Business Law Foundation (TBLF). The reports are categorized by 11 general subject matter categories edited by the TBLF. Bill references within the updates are interactive for quick access to bill text, sponsors, analyses, and actions. The updates are provided to keep BLS members informed and knowledgeable on the progress of Texas legislation impacting business law.
Members Only

Legislative Report

2025 - 89th Legislative Session

2025-02-13 Report on Bills
by bizlawFebruary 14, 2025
The 89th Texas Legislature (Regular Session) convened on January 14, 2025, and runs for its constitutional maximum of 140 days, ending June 2nd. Lt. Governor Dan Patrick continues to preside in the Senate. Rep. Dustin Burrows (R-Lubbock) presides as Speaker in the House of Representatives. Governor Greg Abbott continues to lead the Executive Branch. Sen. Charles Schwertner (R-Georgetown) continues as chair of the Business & Commerce Committee (B&C) in the Senate. In the House, the Business & Industry Committee has been replaced by the new Trade, Workforce & Economic Development Committee (TWED). Rep. Angie Chen Button (R-Dallas) is the chair of TWED.
Members Only

Legislative Report

2025 - 89th Legislative Session

2025-01-27 Report on Bills
by bizlawJanuary 28, 2025
The weekly report of bills being introduced and acted upon within the ambit of businesses and business law

material

News

Congratulations, James P. Sullivan
by 11689200January 24, 2025
Congratulations, James P. Sullivan, on your recent appointment by Governor Greg Abbott to Justice of the Supreme Court of Texas.
Members Only

Legislative Report

Artificial Intelligence

Analysis of HB 1709
by 04190735December 23, 2024
HB 1709 is a bill that is: "relating to the regulation and reporting on the use of artificial intelligence systems by certain business entities and state agencies; providing civil penalties".

Article

2014 Fall TJBL Files

The Twisted Veil of Texas LLCs
by Val RicksNovember 13, 2024
The Texas law of veil-piercing for limited liability companies is incoherent. It should be fixed. Section I tells what is wrong with the law. Section II proposes a fix.
Members Only

Webinar for CLE Credit

Miscellaneous Publications

Who Is (or Are) Your Client(s)?
by cbmattickNovember 7, 2024
Representing the Majority Equity Holder and The Entity. This is Part One of a multi-part series.

News

FTC Issues Final Rule on the Negative Option Rule
by 04190735October 29, 2024
The Federal Trade Commission (“FTC” or “Commission”) issues final amendments to the Commission’s trade regulation “Rule Concerning Use of Prenotification Negative Option Plans,” retitled the “Rule Concerning Recurring Subscriptions and Other Negative Option Programs” (“Rule,” “final Rule” or “Negative Option Rule”). The final Rule now applies to all negative option programs in any media, and, among other things, (1) prohibits misrepresentations of any material fact made while marketing using negative option features; (2) requires sellers to provide important information prior to obtaining consumers’ billing information and charging consumers; (3) requires sellers to obtain consumers’ unambiguously affirmative consent to the negative option feature prior to charging them; and (4) requires sellers to provide consumers with simple cancellation mechanisms to immediately halt all recurring charges.

Securities Law

SEC Announces Departure of Enforcement Director Gurbir S. Grewal
by 06773540October 2, 2024
Sanjay Wadhwa, a 21-year agency vet, named Acting Director; Sam Waldon named Acting Deputy Director

Slider Messages

Business Courts Are Here
by bizlawOctober 1, 2024
The Texas Business Courts began operations 09/01/2024. Our Business Courts Resource Center is the space to get up to date on what is going on with the court administration and docket.

Blog Posts

Divided SEC Approves PCAOB’s Quality Control Standard
by 06773540September 10, 2024
The Securities and Exchange Commission (SEC) on September 9, 2024, voted 3-2 to approve the Public Company Accounting Oversight Board’s (PCAOB) new quality control (QC) standard that imposes a combination of principles-based and prescriptive requirements to make sure that audit firms have a robust QC system to better protect investors.

Artificial Intelligence

FTC's First Attempt to Crack Down on AI-Generated Fake Reviews
by Federal Trade CommissionAugust 26, 2024
On August 14, the FTC announced its final rule banning fake reviews and testimonials.

News

District Court Sets Aside FTC’s Rule Banning Non-Compete Agreements
by roncAugust 23, 2024
From the Court's ruling: "For the reasons enumerated above, it is ORDERED that Ryan and Plaintiff-Intervenors’ Motions for Summary Judgment are GRANTED. (ECF Nos. 166, 168). Additionally, for the reasons the Court grants Plaintiffs’ Motions for Summary Judgment, the Court DENIES the FTC’s Motion for Summary Judgment. (ECF No. 184). The Non-Compete Rule, 16 C.F.R. § 910.1–.6, is hereby SET ASIDE and shall not be enforced or otherwise take effect on September 4, 2024, or thereafter."

Securities Law

Federal court strikes down Missouri investment rule targeted at 'woke politics'
by 06773540August 16, 2024
A federal judge has struck down Missouri investment regulations that Republican Secretary of State Jay Ashcroft had touted as way to expose financial institutions that “put woke politics ahead of investment returns.”