Partner Trey Cox Co-Authors OpEd on Why Companies Want to Incorporate in Texas
Article | April 3, 2026
Houston Chronicle
In a recent OpEd in the Houston Chronicle (subscription required), Trey Cox, Co-Chair of Gibson Dunn’s global Litigation Practice Group and Co-Partner in Charge of the firm’s Dallas office, and Robert Ahdieh, Dean of the Texas A&M School of Law, explain why companies want to incorporate in Texas: the state “has been reforming its … corporate laws to strike a better balance between accountability and value creation.”
At the heart of the Texas reform effort, the authors write, are the creation of the Texas Business Court — a dedicated court for business issues — and changes to the Texas corporate law designed to enhance predictability — specifically, the codification of the business judgment rule, “a foundational doctrine in corporate law that presumes directors and officers are acting in good faith and in a company’s best interest.”
“The developing ecosystem in Texas has already produced striking results,” the authors add: between 2015 and 2025, the number of businesses registered in Texas more than doubled, and some 200 companies have relocated to the state since 2020, including Fortune 500 companies and iconic American brands like Chevron, Oracle, and Caterpillar.