Texas – Open for Business

It is reported that pioneer Davy Crockett once said “You may all go to Hell, and I will go to Texas.” Did Davy relocate to Texas solely because he was a pioneer? Or maybe he was a pioneer “ahead of his time” with partial soothsayer abilities by predicting the business-friendly environment that Texas would become?

Predicted or not, Texas is business-friendly, which is why:

• More than 50 Fortune 500 companies are headquartered in Texas.
• More than 200 companies have relocated their headquarters to Texas since 2020.
• Dallas is the 2nd largest financial hub in the United States.
• Texas Stock Exchange (TXSE) plans to commence business in Dallas to challenge New York’s stock exchange dominance.
• NYSE has relocated its Chicago trading operation to Dallas, reincorporating as NYSE Texas.
• NASDAQ Texas has opened for business in Dallas.
• The Texas Business Court was established in September 2024.

Hunton – Built for Texas

Hunton has been at the forefront of legal developments affecting Texas companies since 1902.

• Recent historic changes to the Texas Business Organizations Code and the establishment of the Texas Business Court have helped make Texas a destination state for entity formations and redomestications.
• We have been at the forefront of the TBOC since its inception and continue to be actively involved in both the design and drafting of the TBOC’s provisions governing Texas corporations and other entities.
• Trusted by 25% of publicly-traded corporations incorporated in Texas.
• Approximately 200 Texas-based lawyers across Austin, Dallas and Houston
• Multidisciplinary support across corporate governance, capital markets, mergers/acquisitions, securities, stock exchange matters, real estate, oil and gas, banking, tax, executive compensation, corporate litigation, and more.
• Practical experience advising early-stage, private, and public companies on Texas incorporation, relocation, financing, and growth.
• Strong Texas litigation bench, including experience before the new Texas Business Court.
• Recognized Texas market strength, with more than a dozen Texas-based practices ranked by Chambers USA.