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

Proxy Advisory Firms - What About State Registration?

Yesterday's post discussed why proxy advisory firms are likely to meet the definition of "investment adviser" under the Investment Advisers Act of 1940. I noted that some proxy advisory firms, such as ISS and Marco Consulting Group, Inc., have, in...

Proxy Advisory Firms And Investment Adviser Registration

Recently, I wrote about a shareholder proposal seeking to hold a proxy advisor popularity contest. I commented that this could raise some interesting compliance challenges for proxy advisory firms that are registered as investment advisers. I...

Does Majority Voting Improve Performance?

I've railed against the lack of analytical clarity with respect to so-called "majority vote" regimes. See Jeremy Bentham – Present But Not Voting.

CalPERS' Warning Of Chill Goes Unheeded

Last November, Judge James P. Kleinberg of the Santa Clara Superior Court in San Jose, California ruled on motions for summary judgment in a case brought by former employees of a management company that had been retained by the general partner of...

Commodities And The CSL

A recent unpublished opinion by Justice William W. Bedsworth set me to cogitating on the status of commodities under the Corporate Securities Law of 1968.  In Kelly v. Monex Co., 2013 Cal. App. Unpub. LEXIS 5903 (Aug. 21, 2013), the plaintiff had...

When The RULLCA Is Spun, California's Done?

I've prophesized at some length about the looming catastrophe that is the California Revised Uniform Limited Liability Company Act, Cal. Corp. Code § 17701.01 et seq. My problem isn't with the RULLCA itself, but with the transition being forced on...

Why Your LLC May Be Doing More Than You Think In California Even When It's Doing Nothing

Until two years ago, determining whether a company was "doing business" in California depended upon whether it was "actively engaging in any transaction for the purpose of financial or pecuniary gain or profit". Cal. Rev. & Tax. Code § 23101. While...

When Incorporating, Stay Off The "Highway of Sorrow" For There May Be No Turning Back

As an erstwhile player of the five-string banjo, I'm a big fan of Bluegrass music.  One of my favorite songs is the rueful "Highway of Sorrow" as performed by the great flat pick guitar player Doc Watson.  The song includes these mournful lines:

CalPERS Releases California "Investment" Report

On Monday, CalPERS released its annual CalPERS for California 2012 report. The report provides some interesting data about the size and nature of CalPERS investments. According to the report, CalPERS invests in 664 public companies headquartered in...