Oklahoma recently took a step towards creating its own business court system. On May 29, 2024, the Oklahoma Senate passed Senate Bill 473, which creates an 11-member task force charged to study business courts and to create a report on the implementation of business courts in Oklahoma. The report would be submitted by January 1, 2026 and is expected to provide various recommendations on issues such as business court jurisdiction and the appeals process.
In support of the bill, Senate President Pro Tem Greg Treat noted that corporations are attracted to states with business courts because these specialized courts allow for the swift resolution of complex commercial disputes.
More information on Senate Bill 473 can be found here.
Thank you to Lee Applebaum for bringing this to our attention.
Posted by Doug Toering and Matt Rose
