
Publication
Texas law limits foreign ownership of real property
On June 21, 2025, Texas Governor Greg Abbott signed Senate Bill 17 (the Bill) into law, with an effective date of September 1, 2025.
The ‘Danann’ case stands for the now well-recognized principle that a specific merger clause—one encompassing the representations that are the subject matter of the fraud claim—will likely bar a plaintiff’s fraud claim that looks outside the agreement. Recent Commercial Division decisions applying this ‘Danann’ standard are instructive as to how specific that clause must be.
Publication
On June 21, 2025, Texas Governor Greg Abbott signed Senate Bill 17 (the Bill) into law, with an effective date of September 1, 2025.
Subscribe and stay up to date with the latest legal news, information and events . . .
© Norton Rose Fulbright US LLP 2025