Chris Popov and Mike Heidler, partners at Vinson & Elkins, talk through a major opinion from the Texas Supreme Court, their role in the case, and what it means for investors in Texas companies....more
10/17/2023
/ Abuse of Discretion ,
Alter Ego ,
Appeals ,
Bankruptcy Court ,
Corporate Structures ,
Failure To Maintain ,
Investors ,
Motion to Dismiss ,
Multidistrict Litigation ,
Negligence ,
Portfolio Companies ,
Private Equity ,
Property Damage ,
Safe Harbors ,
TX Supreme Court
On June 23, 2023, the Texas Supreme Court issued a decision embracing the rule that an investor can engage in customary investment practices without becoming liable for torts committed by a portfolio company....more