Chairman's Letter

Hello Friends,

The weather isn’t the only thing heating up – recent news includes a Texas stock exchange, employment gains, space industry growth, new associates, and Chambers recognition for the firm.

As the Texas business economy continues to grow, a group of investors is working to launch a Texas stock exchange, called TXSE. Writes the Texas Tribune, “TXSE founders said they chose Texas as the home for the new national securities exchange because of the state’s rapid economic and population growth.” Founders see it as a solution to discontent over new rules and rising compliance costs at Nasdaq and NYSE.

In employment news, Houston Business Journal reports that after a “brief blip of job losses” in March, Houston employment has rebounded. Year over year statistics showed employment growth of 2.4% in which Houston tied the Austin area and beat Dallas-Fort Worth and San Antonio. Strong employment gains were reported in non-energy sectors such as manufacturing (1.9% increase), professional and business services (1.7%), private education and health services (5.4%), leisure and hospitality (1.9%), and government (3.9%).

Speaking of industry diversity, Houston Spaceport at Ellington Field is ramping up to keep pace with commercial space businesses and startups. The facility will provide direct taxiway access for tenants who receive parts from global suppliers. Anchor tenants include Intuitive Machines, Axiom Space, and Collins Aerospace. Additionally, Houston Spaceport is working to increase the level of aerospace startup activity in Houston through work on a 10,000-square-foot incubator. NASA has also recently opened a similar facility on former grounds called Exploration Park. It is great to see such space industry activity in our city.

In other news, this month we added a new associate, Dillon Breazeale, to the firm. Dillon joins the firm’s litigation group focusing on commercial, real estate and employment litigation. Welcome Dillon!

Additionally, we are excited to announce that the firm has once again been recognized by Chambers and Partners.

At BoyarMiller, our driving force is to surpass your expectations with exceptional service. We are dedicated to delivering strategic guidance in line with your business and legal goals.

Sincerely,