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Dallas, Texas  ·  Complex Commercial Litigation

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Portrait of Hon. Stacy Sharp

Hon. Stacy Sharp

Judge · Seat 4B

Texas Business Court · Fourth Business Court Division (San Antonio)

Biography

Stacy Rogers Sharp sits in the Texas Business Court’s Fourth Division, which covers 22 counties in South Texas extending from the border south of Laredo to coastal Aransas County. Judge Sharp’s background in commercial litigation derives from her private practice as an appellate lawyer and trial-litigation consultant in civil suits that included contractual breaches, unfair competition, banking disputes, corporate-governance and fiduciary litigation, energy matters, employment law, and intellectual-property matters. She has long served on the faculty of the University of Texas School of Law, having most recently taught advanced writing for litigation. Her publications and papers cover the topics of fraudulent transfers, trade secrets, oil and gas litigation, business torts, rhetorical techniques for handling counterarguments, and the Texas Civil Participation Act. She is former president of the Federal Bar Association’s Austin Chapter and sits on its San Antonio Chapter’s executive board. A 2006 graduate of the University of Texas School of Law, she was a Chancellor, a Teaching Quizmaster, and member of the Texas Law Review. She began her appellate practice at Baker Botts LLP after clerking in the Western District of Texas for the Honorable Lee Yeakel. Before practicing law, she attended Vanderbilt University and served as a math and science teacher. More recently, she served her community on the Board of Trustees for Alamo Heights Independent School District and on the State Bar's Child Abuse & Neglect Committee. After years of serving as a foster parent, she now enjoys volunteering with the National Charity League and Young Men's Service League.

Source: txcourts.gov

Opinions by Judge Sharp (1)

Fiduciary Duty LLC Members ×
2026 Tex. Bus. 63 Motion to Dismiss September 14, 2026

Exculpatory Clauses in LLC Agreements Can Eliminate Most Managerial Fiduciary Duties Under Rule 91a

In Hinds v. Sandman Offshore, Division 11 granted partial Rule 91a dismissal of fiduciary duty claims against an LLC manager where the company agreement eliminated all managerial fiduciary duties except those "expressly set forth" in the agreement, preserving only duties not to engage in gross negligence, willful misconduct, or breach. The court also held that LLC voting rights are not tangible personal property supporting conversion claims and that parties to a relationship cannot tortiously interfere with that same relationship.

Mem. Op. Oil & Gas Fiduciary Duty Rule 91a Company Agreement Section 101.401 Opinion PDF ↓