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Keith Paul Bishop

Keith Paul Bishop

Keith Bishop works with privately-held and publicly-traded companies on federal and state corporate and securities transactions, compliance, and governance matters. He is highly-regarded for his in-depth knowledge of the distinctive corporate and regulatory requirements faced by corporations in the state of California. While many law firms have a great deal of expertise in federal or Delaware corporate law, Keith’s specific focus on California corporate and securities law is uncommon. A former California state regulator of securities and financial institutions, Keith has decades of experience navigating the regulatory-intensive state’s rules. For companies with substantial operations in California but incorporated elsewhere, Keith is an exceptional resource. He is frequently called in to help with issues arising under California’s “blue sky” and lender laws. An avid writer, Keith’s blog, www.calcorporatelaw.com, covers a diverse collection of California corporate and securities law issues and has served as a valued resource for other attorneys, business executives, judges, and media, nationwide.

Recent Posts

Court Rules Internal Affairs Doctrine Bars California Insider Trading Claim

California, unlike the federal government, has codified its prohibition on insider trading.  Corporations Code Section 25402 provides:

"It is unlawful for an issuer or any person who is an officer, director or controlling person of an issuer or any...

Corporate Securities Law

Court Concludes CUTSA Does Not Preempt Breach Of Fiduciary Duty Claim

The California Uniform Trade Secrets Act (CUTSA) provides various remedies for misappropriation of a trade secret (as defined).  The legislature, however, was "vexingly oblique" in prescribing the effect of CUTSA on common law claims, such as...

fiduciary duty

Court Holds No "Continuous Director" Status Required Under Nonprofit Law

The California Supreme Court has imposed a continuous ownership requirement for shareholder derivative suits under California Corporations Code Section 800.  Grosset v. Wenaas, 42 Cal. 4th 1100 (2008).  Thus, a shareholder must maintain continuous...

nonprofit corporation law

California Misses Target In Defining Fictitious Business Name

California's fictitious business name law is ostensibly intended to make available to the public the identities of persons doing business under the fictitious name.  In general, the law requires a local filing of a fictitious business name statement...

fictitious name

Despite Skepticism California's I-Bank Bill Moves Forward

Recently, I have written about Senator Ben Hueso's proposal to convert the California Infrastructure and Economic Development Bank (I-Bank) as a depository institution.  As a depository bank, the I-Bank would hold and lend taxpayer dollars. 

...

Financial Institutions

How Filing A Fictitious Business Name Statement Can Win A Lawsuit

In California, a corporation's fictitious business name is any name other than the corporate name stated in the articles of incorporation.  Cal. Bus. & Prof. Code § 17900(b)(3).  A corporation that regularly transacts business in California for...

fictitious name

Governor Appoints New Commissioner Of Business Oversight

Governor Gavin Newsom recently announced the appointment of Commissioner Jan Owen's successor at the Department of Business Oversight:

"Manuel Alvarez, 38, of Lafayette, has been appointed Commissioner of the California Department of Business...

Commissioner of Business Oversight

Learn What's New In Delaware And California For Free!

This Thursday, I will be joining Michael Allen of the prominent Delaware law firm of Richards, Layton & Finger in providing a webinar on recent developments on California and Delaware corporate law.  The webinar is sponsored by the Business Law...

General Corporation Law

Court Finds Corporation To Be "Antagonistic" To Its Shareholders

A derivative claim is one brought by a shareholder on behalf of the corporation to recover for harm done to the corporation.  Cohen v. Mirage Resorts, Inc., 62 P.3d 720, 732 (Nev. 2003).  However, when a derivative action is initiated, the...

derivative action

Will The SEC's Framework Beget Blue Sky Blues For Digital Assets?

Earlier this week, two senior officials at the Securities and Exchange Commission issued this statement elucidating a "framework for 'investment contract' analysis of digital assets".  The Framework applies the tripartite test fashioned by the...

Corporate Securities Law

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ABOUT OUR AUTHOR

30172DBAB0084D3A8F39D7AF0A8E79BC.ashxKeith Paul Bishop
Partner at Allen Matkins
(949) 353-6328
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