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

Was The Jury Empaneled Or Impaneled?

Last week's news was filled with reports that Special Counsel Robert Mueller had impaneled a grand jury (The Wall Street Journal).  Or did Mr. Meuller empanel a grand jury (The Washington Post). Aside from the political and legal issues, these...

Nevada Supreme Court Holds That Member-Managers Were Not Proper Parties To Negligence Claim Against An LLC

In an opinion issued yesterday, the Nevada Supreme Court addressed the extent to which a member of a limited liability company is protected in a negligence based tort action against the LLC.  Gardner v. Henderson Water Park, LLC, 133 Nev. Adv. Op. 54...

Another "Best Practices" May Not Be Best After All

For years, I've been critical of governance experts who promote "best practices" without any basis that these practices are actually effective, much less the best. For example, the Harvard Law School's Shareholder Rights Project undertook to push...

Court Of Appeal Holds LLC's Former Counsel May Represent Insider Defendants In Derivative Suit

Derivative actions can be somewhat confusing. Although the entity is essentially the plaintiff, it is named as a defendant. Initially, one might question why must the corporation be named as a party? I can think of at least two reasons. First, the...

Materiality - "Shoulda, Coulda, Woulda?"

John Jenkins recently took note of this letter from the SEC's Office of Investor Advocate commenting on a proposal by the Financial Accounting Standards Board to amend the definition of "materiality" in Concepts Statement No. 8, Conceptual Framework...

Does Disclosure Of Results Of Internal Investigation Constitute Subject Matter Waiver?

Last Friday, I wrote about one of the docketed appeals in Wynn Resorts, Limited v. Eight Jud. Dist. Ct., 41 Nev. Adv. Op. 52 (2017). Today's post concerns the other docketed appeal in that case. This appeal addressed whether disclosure of an...

Does Assertion Of Business Judgment Rule Waive Attorney-Client Privilege?

Nevada, like California, has codified the attorney-client privilege:

Negotiating Permits?

The title of yesterday's post may have been a bit recondite for some readers as I never directly mentioned negotiating permits in the post.  Therefore, today's post will back up a bit and fill in some of the missing pieces.

A Permit To Negotiate - Really?

It is sometimes forgotten that the California Corporate Securities Law of 1968 makes it unlawful to either offer or sell a security in California in an issuer transaction unless that the sale has been qualified or exempt from or not subject to...