The Oklahoma Bar Journal April 2026

THE OKLAHOMA BAR JOURNAL 12 | APRIL 2026 Statements or opinions expressed in the Oklahoma Bar Journal are those of the authors and do not necessarily reflect those of the Oklahoma Bar Association, its officers, Board of Governors, Board of Editors or staff. The Oklahoma Limited Liability Company Act, Section 2000 et seq. of Title 18 of the Oklahoma Statutes; The Oklahoma Revised Uniform Partnership Act, Section 1-100 et seq. of Title 54 of the Oklahoma Statutes; The Uniform Limited Partnership Act of 2010, Section 500-101A et seq. of Title 54 of the Oklahoma Statutes; The Oklahoma Uniform Securities Act of 2004, Section 1-101 et seq. of Title 71 of the Oklahoma Statutes; The Uniform Trade Secrets Act, Section 85 et seq. of Title 78 of the Oklahoma Statutes; Shareholder and unitholder derivative claims;47 The internal affairs of businesses, including but not limited to rights or obligations between or among business participants regarding the liability or indemnity of business participants, officers, directors, managers, trustees, controlling shareholders or members, or partners; A complaint that includes a professional malpractice claim, if arising out of a business dispute; Tort claims between or among two or more business entities or individuals as to their business or investment activities if relating to contracts, transactions or relationships between or among such entities or individuals; Claims for breach of contract, fraud or misrepresentation between businesses arising out of business transactions or relationships; Claims arising from e-commerce agreements, technology licensing agreements, including but not limited to software and biotechnology license agreements, or any other agreement involving the licensing of any intellectual property right, including but not limited to an agreement relating to patent rights; and Claims involving commercial real property.48 Generally, when damages are requested in these actions, the business courts may only hear cases involving an amount in controversy of at least $500,000. Where a claimant seeks equitable relief, the $500,000 requirement will not apply.49 Business courts also have jurisdiction to hear “complex cases.”50 The determination of what constitutes a “complex case” is a fact-intensive inquiry but generally means an action that requires exceptional judicial management to avoid placing unnecessary burdens on the court or the litigants, to expedite the case, to keep costs reasonable and to promote effective decision-making by the court, parties and counsel.51 In making such a determination, SB 632 outlines a variety of factors for the business courts to consider in determining whether a case is “complex.”52 The bill also provides that actions will presumptively be considered “complex” if they involve one or more of the following types of claims: 1) antitrust or trade regulation claims; 2) intellectual property matters including but not limited to trade secrets, copyrights and patents; 3) securities claims or investment losses involving more than two parties; 4) environmental or toxic tort claims involving more than two parties; 5) ownership or control of business claims; 6) insurance coverage claims; 7) construction defect claims involving many parties or

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