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Policy Priorities

The Alliance's policy priorities include:

  • Providing a statutorily codified business judgment rule that fosters certainty in corporate decision-making;

  • Allowing for prospective judicial certification of special committee independence prior to the deployment of capital;

  • Allowing corporations to establish an ownership threshold for derivative suits, ensuring that shareholders drive large-scale litigation with a real economic interest in the enterprise vs. as a cottage industry for lawyers; and

  • Strengthening and upholding the Texas Business Court.

Together, these efforts will create a jurisdiction aligned with our vision for corporate excellence.

About The Alliance

Image by Adam Thomas

About The Alliance

The Alliance exists because we believe corporate decision-making should be made by shareholders and by their elected directors and agents, and not by activists who are not invested in long-term corporate success.

 

Acting on these beliefs, the Alliance supports various amendments to the Texas Business Organizations Code that, we believe, make Texas a superior jurisdiction not only for incorporations but simply a place to do business. These amendments provide a counterbalance to states are moving away from market-driven, business friendly and common sense jurisprudence towards judicial control through activism and decision-making uncertainty.

Email Us

For media inquiries, please email allianceforcorporateexcellence@gmail.com

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