California Corporate & Securities Law

Last year, Nasdaq proposed to adopt listing rules related to board diversity.  Earlier this year, Nasdaq proposed amendments to its proposals, stating:

In 2018, California enacted legislation requiring publicly held corporations having their principal executive offices in the state to have minimum numbers of female directors. 2018 Cal. Stats. ch. 954. Despite pending constitutional challenges to...

Earlier this month, I wrote about a California bill, SB 260, that would impose greenhouse gas emissions disclosure obligations on "publicly traded domestic corporations" and "publicly traded foreign corporations". That bill will is now set for...

In 2019, Floss Bar, Inc. hired Joshua Perry as its president. Floss Bar is a Delaware corporation that is headquartered in New York. The agreements were negotiated by Perry's lawyer in Copenhagen and included a Delaware choice of law. After a...

Readers of this space may have noted my fondness for rural Nevada and the town of Tonopah in particular. Tonopah owes its existence to the vast silver and gold deposits that lay beneath it. In 1900, rancher James Logan Butler discovered a ledge of...

According to the California Secretary of State's Women on Board report, 22 publicly held corporations moved their principal executive offices out of California. These data were based on a comparison of annual reports filed in 2019 to the annual...

In honor of St. Patrick's Day, below are some random facts about Ireland and its history:

California's General Corporation Law refers to "common shares" rather than "common stock".  What makes shares shares "common shares"?  Section 159 defines "common shares" as "shares which have no preference over any other shares with respect to...

California's female and underrepresented communities quota requirements apply to "publicly-held corporations".  California's Corporate Disclosure Statement requirement applies to "publicly-traded corporations".  California's Secretary of State's ...