Southern Methodist
University · Dallas
SMU Corporate Governance Initiative
The Hilltop Docket
Intelligence on the Texas Business Court — opinions, dockets, hearings, doctrine. A research publication of the SMU Corporate Governance Initiative at Cox & Dedman.
Editorial Independence The Hilltop Docket has no financial, advisory, or other relationship with any litigant before the Texas Business Court, or with re:SearchTX or its parent. Interpretations are the authors' own and do not represent the positions of SMU, the Cox School, or the Dedman School. Any future conflict will be disclosed on Page One.
Issue No. 4 · Week of May 25–June 1, 2026 · lede
ExxonMobil’s shareholders approved the company’s redomestication from New Jersey to Texas on May 27 — closing the question this publication has tracked since its inaugural issue — the same week the Texas Business Court issued three new opinions, among them Brown v. Exxon Mobil, a matter against ExxonMobil itself.
Coverage in this issue: three new opinions on the official index — 2026 Tex. Bus. 33, 34, and 35; the certified result of the ExxonMobil change-of-domicile vote; and the dockets-and-calendar posture for the week of June 1–5. All citations Bluebook 21st; all primary sources hyperlinked. A dated correction to the original June 1 text appears at the foot of this issue.
- Wk-4Week in review · June 1
- 3New opinions this week
- June 1Publication date
- ~71.2%ExxonMobil redomicile — votes for
From the editor
Three new opinions on the bench; a decisive vote in the borderlands.
Welcome to The Hilltop Docket’s Issue No. 4. A note on numbering: Issue No. 3 was our Faculty Exchange feature — ExxonMobil and the Leopard Paradigm — published Wednesday, May 27 to coincide with the shareholder vote. This edition returns to the weekly bench-and-docket record. Between Issue No. 2’s editorial cutoff and the cutoff for this issue at noon Central today, the Texas Business Court published three new opinions to its official opinions index — 2026 Tex. Bus. 33, 34, and 35 — carrying the year’s sequence forward from 2026 Tex. Bus. 32 (Clean-Co Systems v. Enterprise Products Operating) (Dorfman, J.). Among the three is Brown v. Exxon Mobil (Sweeten, J.), a matter against ExxonMobil decided the same week the company’s shareholders ratified its move to Texas.
The week’s headline borderlands event came on May 27, when ExxonMobil’s shareholders approved the change of the company’s state of incorporation from New Jersey to Texas — the proposal this publication has followed since Issue No. 1. We treat that certified result, and the three new opinions, below.
On the bench
Three new opinions on the official index: 2026 Tex. Bus. 33, 34, and 35.
Between Issue No. 2’s cutoff and today, the court’s official opinions index published three new opinions, carrying the 2026 sequence from 2026 Tex. Bus. 32 through 35. Two were detected on the official index in the days before this issue’s cutoff (May 28–29); the third, Brown v. Exxon Mobil, was detected the morning of June 1. We treat each below, citing the opinion PDF as posted by the court. The companion live monitor reflects the same sequence.
DK Trading & Supply v. Wink to Webster Pipeline
2026 Tex. Bus. 33 · Eleventh Division · Sharp, J. · signed May 27, 2026 · cause 25-BC11B-0073
A dispute between DK Trading & Supply and the Wink to Webster Pipeline venture, decided in the Eleventh Division by Judge Sharp. The opinion as posted to the official index is the controlling text; readers should consult the PDF for the precise disposition and reasoning. A full doctrinal treatment will follow in a subsequent issue.
Energy Founders Fund v. Daskevich
2026 Tex. Bus. 34 · Eleventh Division · Stagner, J. · signed May 29, 2026 · cause 26-BC11A-0004
An opinion in the Energy Founders Fund v. Daskevich matter, decided in the Eleventh Division by Judge Stagner. The same dispute appears earlier in the corpus at 2026 Tex. Bus. 17 and 18, reflecting prior motion practice. Consult the PDF for the controlling disposition.
Brown v. Exxon Mobil
2026 Tex. Bus. 35 · Eleventh Division · Sweeten, J. · signed May 29, 2026 · cause 25-BC11B-0099
A matter captioned Brown v. Exxon Mobil, decided in the Eleventh Division by Judge Sweeten and posted to the official index the morning of June 1. The opinion issued in the same week ExxonMobil’s shareholders approved the company’s move from New Jersey to Texas — placing a dispute involving the company before the Texas Business Court as the company prepares to come within the Texas Business Organizations Code. The PDF is the controlling text; a full doctrinal treatment will follow.
Full bench treatments — caption, citation, ruling line, and doctrinal note read against each opinion PDF — will follow in subsequent issues per our human-review standard. For monitoring between editions, the live monitor refreshes every thirty minutes at smucgi.pages.dev/research/texas-business-court/opinions/.
Redomestication Brief
ExxonMobil’s shareholders approve the move to Texas.
On Wednesday, May 27, 2026, at ExxonMobil’s annual meeting, shareholders approved the proposal to change the company’s state of incorporation from New Jersey to Texas. According to the company’s Form 8-K reporting the results under Item 5.07, the redomestication proposal received 2,216,403,048 votes for and 896,852,562 against — roughly 71.2% of the votes cast — with 30,111,060 abstentions and 493,518,532 broker non-votes. At least 3,636,885,465 shares were represented in person or by proxy, approximately 87.8% of the shares entitled to vote.
71.2% reflects votes for ÷ (for + against); including abstentions in the denominator the figure is approximately 70.5% (Form 8-K, Item 5.07, acc. 0000034088-26-000078).
The result closes the question this publication has followed since Issue No. 1. ExxonMobil — operationally headquartered in Irving, Texas from 1989 until 2023 and in Spring, Texas thereafter, but incorporated in New Jersey since the nineteenth century — will now be governed by the Texas Business Organizations Code, and its internal-affairs disputes will, by default, fall within the subject-matter reach of the Texas Business Court. The vote followed an ISS “AGAINST” recommendation and the company’s point-by-point response, both covered in Issue No. 1’s Cross-Jurisdiction and revisited in the Issue No. 3 Faculty Exchange. We will monitor for the effective date of the conversion and any follow-on charter or governance filings.
Dockets & calendar
Filings and hearings — week of June 1–5.
No new re:SearchTX filing alerts cleared our ingestion pipeline during this editorial week, and no hearing times were published to the export we monitor. For real-time docket activity and the hearings calendar, the live monitor is the authoritative source between editions and refreshes every thirty minutes — see the Cases tab and the Hearings tab.
Docket numbers and hearing settings are drawn from re:SearchTX’s filing-activity export and may not capture matters set on internal calendars that have not yet generated public alerts. Where the court’s export omits hearing times, those settings appear on the live monitor as they are published.
Looking ahead
What we are tracking.
Full bench treatments. Doctrinal notes on the three opinions published this week — 2026 Tex. Bus. 33, 34, and 35, including Brown v. Exxon Mobil — will follow after independent review of each opinion PDF, per our human-review standard.
ExxonMobil. The effective date of the New Jersey→Texas conversion and any follow-on charter or governance filings, surfaced to the monitor as they land on EDGAR.
Issue No. 5 (anticipated, week of June 8). Full-format bench coverage of the new opinions, plus the week’s new petitions and the hearings calendar.
Correction — June 23, 2026
The original June 1 text of this issue reported that the Texas Business Court had published no new opinion during the editorial week and that the most recent issuance of record remained 2026 Tex. Bus. 32. That was incorrect. Three opinions had in fact been published to the court’s official opinions index within the window: 2026 Tex. Bus. 33 (DK Trading & Supply v. Wink to Webster Pipeline) (Sharp, J.), 34 (Energy Founders Fund v. Daskevich) (Stagner, J.), and 35 (Brown v. Exxon Mobil) (Sweeten, J.). The lede, the “On the bench” section, and the “Looking ahead” section have been corrected to reflect the three opinions; the original characterization of a “quiet week” with no new issuance does not survive that correction.
How we work
Editorial standards.
We borrow the disciplines that make Delaware-side reporting trustworthy: primary sources, human review, declared conflicts, and a refusal to take paid placement on coverage.
01 / Primary sources
Court text, dockets, filings of record.
Opinions are pulled from txcourts.gov/businesscourt; dockets from re:SearchTX; statutes from capitol.texas.gov. Practitioner blogs may appear in scholarship cites but are never load-bearing.
02 / Bluebook 21st
Citation discipline on every entry.
Per-opinion entries follow Bluebook 21st short-form conventions; sequential per-year citations are preserved (e.g., 2026 Tex. Bus. 29 follows 28).
03 / Human review
Every opinion summary read by a human editor.
AI assists with first-pass extraction. Every published characterization is read against the underlying opinion PDF; mischaracterizations are corrected at the source with a dated note.
04 / Independence & conflicts
No party may purchase coverage. Conflicts declared in-issue.
SMU CGI is funded institutionally. The Hilltop Docket accepts no paid placement and declares conflicts in the closing section of each issue. Editorial policy.
