Aguilar Quits. Is Texas Central Dead?

Texas Central former CEO Carlos Aguilar in happier days.

Texas Central, the embattled high-speed rail project in the Lone Star State, appears to have taken a major step toward its own demise, as CEO and President of Texas Central Partners Carlos F. Aguilar stepped down on Sunday, June 12. From a non-legal standpoint, this appears to leave the project adrift after Aguilar had led it through a period of hope and through a sudden downturn in its legal fortunes. Legally, it is unclear that Aguilar’s departure will mean much, in light of an impending ruling by the Texas Supreme Court that would stop the project in its tracks, none of which have yet been built.