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California Bill Amended To Impose $100K Penalty For Failure To Report Timely Board Gender To Secretary Of State

I have written several posts about a bill, SB 826, now pending in the California legislature that would impose fines on publicly held corporations that fail to meet prescribed gender quotas.  See California Bill Would Mandate Gender Quotas For...

Legislation

Today The Suspense Will Be Over (Mostly)

Followers of California legislation will note that many bills are now in either the "suspense file" of the Appropriations Committees of the Senate and the Assembly.  These two committees have jurisdiction over fiscal bills.  A bill with a...

Legislation

The End Of The 2017-2018 Session Is Nigh!

The California legislature meets annually but but the legislative session is biennial.  Nevada's legislature in contrast meets every other year.  See Happy New Biennium!  The second year of California's current session comes to a close at the end of...

Legislation

California Bill Would Mandate Gender Quotas For Publicly Traded Companies

Earlier this month, California Senators Hannah-Beth Jackson and Toni G. Atkins introduced a bill, SB 826, that would require a publicly held corporation with its principal places of business in California to have a minimum number of women...

Corporate Governance, Legislation

The Form 8-Ks That The SEC May Have Overlooked

As reported by Cydney Posner, Broc Romanek and undoubtedly many others, Corporation Finance staff issued a new Compliance and Disclosure Interpretation addressing whether a re-measurement of a deferred tax asset to incorporate the effects of newly...

Broc Romanek, Cydney Posner, Form 8-K, Item 2.02, Item 2.04, Legislation, tax cuts and jobs act

Las Vegas' Airport And The Lawyer Who Went "All In" For His Client

Passengers flying to Las Vegas arrive at the McCarran International Airport.  Having spent my youth in Las Vegas, I have many memories of going to the airport to greet arriving family or to fly East for school.  Then, there was no passenger security...

Las Vegas, Legal History, Legislation, McCarran Airport, Pat McCarran, Tick Segerblom

California Bill May Spur Rewriting Gender Boilerplate

On the penultimate day of the current session, the California legislature passed SB 179 (Atkins & Wiener).  If signed into law by Governor Brown, this bill would enact the California Gender Recognition Act.  In general, SB 179 would create a third,...

gender, grammatical gender, Legislation, nonbinary, SB 179

California Bill Deadline Is Today

Former New York Surrogate Gideon J. Tucker would be happy today.  Pursuant to Joint Rule 61(a)(15), today is the last day for California's legislature to pass bills.  Today, also marks the beginning of the legislature's interim study recess (Joint...

California Constitution, effective, Joint Rule 51, Joint Rule 61, Legislation, sign, veto

Investment Companies And Intrastate Offerings

Recently, my eye caught the following statement in the SEC's Intrastate Offering Exemptions: A Small Entity Compliance Guide for Issuers:

Issuers registered or required to be registered under the Investment Company Act of 1940 are not eligible to...

26 FR 11896, intrastate offering, Investment Company Act, Legal History, Legislation, required to be registered, Rule 147, Rule 147A, SEC Rel. No. 33-4434, Section 24d, Section 3(a)(11)

Is A Racial Or Ethnic Group A "Person"?

Yesterday's post concerned the U.S. Supreme Court's holding in Matal v. Tam, 2017 U.S. LEXIS 3872 (June 19, 2017) that the "disparagement clause" of the Lanham Act violates the Free Speech Clause of the First Amendment.  As far as most legal...

disparagement clause, First Amendment, free speech, Legislation, persons, Samuel Alito

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30172DBAB0084D3A8F39D7AF0A8E79BC.ashxKeith Paul Bishop
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