10/09/2026 | Press release | Distributed by Public on 10/09/2026 12:52
Corporate Managing Partner Mark Solomon, who leads Katten's Dallas office, sat down with Bloomberg Law to discuss the deals he finds most rewarding, the trends he is watching and the policy shifts reshaping corporate law in Texas. Mark also highlighted his work guiding Dallas-based private investment firm Highlander Partners in its acquisition of the iconic Tapatio hot sauce brand, a deal that brought together a storied, family-founded business and a sponsor with a long-term growth strategy.
Regarding emerging legal trends, Mark flagged Texas' effort to become a more prominent corporate law jurisdiction. "For corporate lawyers, this is a significant moment," Mark said. "We're advising clients to revisit governing documents, forum selection provisions, dispute resolution clauses and transaction agreements to determine whether Texas law and Texas forums should play a larger role in their legal strategy."
In private equity and mergers and acquisitions, Mark pointed to the return of deal activity but on much more disciplined terms, saying that "sponsors are being more selective about valuation, financing, diligence and post-closing value creation." He also noted the continued importance of add-on acquisitions and platform scaling, as financing remains more expensive than in the last cycle.
Looking ahead, he sees a potentially game-changing shift in the combined impact of the Texas Business Court's expansion and the state's corporate-governance reforms. "If Texas can offer companies a predictable body of law, sophisticated judges and efficient resolution of complex disputes, that could affect where companies choose to incorporate and where they locate headquarters," Mark said.
Through all this change, Mark described Texas' rapid evolution as both a challenge and an opportunity for transactional attorneys, who must serve as both legal and business advisors. "Clients want to know whether Texas' new governance laws should influence their entity structure, whether their contracts should select the Texas Business Court, whether Texas law offers advantages over Delaware law, and how these choices might be perceived by investors, lenders and boards," Mark said.
"Q&A: Katten's Mark Solomon," Bloomberg Law, October 9, 2026
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