In January, I wrote about Senator Noreen Evans' introduction of a bill, SB 982, to require corporations to issue a report on planned political spending as well as expenditures for the previous fiscal year. Now, Assembly members Jared Huffman and...
Recent Posts
Previously, I reported on a highly punitive bill, SB 978 (Curren), that would make the limited offering exemption under Section 25102(f) contingent upon the timely filing of a notice of exemption with the Commissioner of Corporations. Today, I'm...
In Act II, Scene 1 of Shakespeare's Julius Caesar, a striking clock sparks the following dialogue between Brutus and another conspirator:
Under Joint Rules 61(b)(4) and 54(a), tomorrow is the last day for the introduction of bills in the California legislature. This means that in the next several months the legislature will be considering thousands of bills. In theory, the legislature...
The process for converting rice sounds like some medieval torture. Rice is soaked, steamed under pressure, and then dried. While not pleasant, conversion can, and does, occur. The same may not be true for converting a corporation into a flexible...
In Wood v. General Motors Corp., 865 F.2d 395 (1st Cir. 1988), Judge Levin Campbell gave this definition of "agency capture"
Opponents of the Supreme Court's decision in Citizens United v. Federal Election Commission, 130 S. Ct. 876, 558 US 50, 175 L. Ed. 2d 753 (2010) are fighting back in California on numerous fronts. Last month, California State Senator Noreen Evans...
Last summer, I wrote about a new stock exchange - "New U.S. Exchange - It's Better Than A Magic Lantern Show". What Next? What Next?
On Monday, Broc Romanek wrote that the SEC's Division of Corporation Finance has issued a new Compliance & Disclosure Interpretation clarifying how say-on-pay proposals should appear on the proxy card. Many may welcome additional guidance from the...
