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GA SB110
Bill
Status
Engrossed
3/7/2019
Primary Sponsor
Jesse Stone
Click for details
AI Summary
- Establishes a State-wide Business Court seated in Macon-Bibb County with concurrent jurisdiction over complex business disputes where the amount in controversy is at least $250,000 (or $1 million for commercial real property), covering areas such as corporate law, partnerships, LLCs, trade secrets, securities, the Uniform Commercial Code, noncompete agreements, and intellectual property licensing
- The court's judge is appointed by the Governor and confirmed by majority vote of both the Senate Judiciary Committee and the House Committee on Judiciary, must have at least 15 years of experience in complex business litigation, and serves a 5-year term with an annual salary of $174,500
- Cases may reach the court through direct filing, a defendant's petition to transfer from superior or state court, or written agreement of all parties, with any defendant able to compel transfer back to superior or state court within 60 days unless all parties are businesses bound by a contract designating the Business Court as the forum
- The court excludes jurisdiction over claims involving physical injury or death, mental or emotional injury, residential landlord-tenant disputes, and foreclosures, and the filing fee is $1,000 per case
- Court operations commence January 1, 2020, with case acceptance beginning August 1, 2020; rules must conform to the Georgia Civil Practice Act and be promulgated by the Supreme Court by July 1, 2020
Legislative Description
Courts; State-wide Business Court; pursuant to the Constitution of this state; establish
Last Action
Senate Tabled
3/5/2020
Full Bill Text
No bill text available