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As a part of Vinson & Elkins’ Texas Business Court Quarterly Update, the following update summarizes the Texas Business Court opinions—categorized by primary issue—that have been released since September 1, 2024 through the present, including Q1 and Q2 of 2025.
V&E Texas Business Court Quarterly Update
The Texas Legislature was active this Session in proposing and passing bills that seek to restrict foreign ownership of real estate and businesses in Texas.
V&E CFIUS Update
The Delaware Supreme Court’s June 17, 2025 decision in In re Columbia Pipeline Group Merger Litigation reversed a $199 million damages award against TC Energy for aiding and abetting breaches by fiduciaries of Columbia Pipeline Group relating to TC Energy’s acquisition of Columbia Pipeline.
V&E Shareholder Litigation Update
At a recent Practising Law Institute (PLI) webinar on antitrust, over 250 legal professionals joined to hear from three antitrust leaders at Vinson & Elkins: Nicole Castle, Zach Terwilliger, and Craig Seebald. In this Q&A, they explore what’s changing in enforcement, how companies can spot risks early, and what it takes to build a strong compliance culture.
V&E+ Views
The California State Assembly recently unveiled legislation (“AB 325”) designed to strengthen California antitrust enforcement in two ways.
V&E Antitrust Update
On June 5, 2025—in the midst of heightened scrutiny of diversity, equity, and inclusion (“DEI”) initiatives triggered by executive orders issued by President Trump as well as various federal agency guidance—the Supreme Court unanimously rejected the heightened “background circumstances” requirement imposed on Marlean Ames, a heterosexual woman who filed a gender and sexual orientation discrimination claim against her employer, the Ohio Department of Youth Services. The decision, as projected, confirms that a majority-group plaintiff is not required to proffer more evidence of discrimination than a non-majority-group plaintiff in order to state a prima facie claim under Title VII of the Civil Rights Act of 1964 (“Title VII”).
The federal government is continuing to implement President Donald Trump’s Unleashing American Energy mandate to promote domestic energy and infrastructure projects.
V&E Environmental Update
As we previously noted last month, the SEC is hosting a roundtable on the executive compensation disclosure requirements on June 26, 2025.
V&E Corporate Governance Update