This is no premature pesce d'aprile joke. Yesterday, the Nevada Secretary of State actually issued a media advisory announcing "A Twenty-Foot-Tall Alien Invades Secretary of State's Office." Nevada is, after all, home to the famous government...
Recent Posts
When I first began practicing law, conversion was a subject for religious, not corporate, law. Now, the California Corporations Code authorizes a broad range of conversion transactions. Unfortunately, the conversion statutes require a careful...
At a meeting last week, the Policy Subcommittee of the Investment Committee of CalPERS' Board of Administration considered amendments to CalPERS' Global Principles of Corporate Governance. CalPERS uses these principles as the framework for its proxy...
We all have a sense of how voting should work. Voting, however, is a very complicated subject and one in which errors are frequently made. Companies may incorrectly describe the vote required, misstate the effects of broker non-votes, or incorrectly...
Many rich people establish "family offices" to provide investment advisory services to family members. Section 409 of the Dodd-Frank Act excludes "family offices" from the definition of "investment adviser" under the Investment Advisers Act of 1940....
Department of Corporations Letter To Midsized Firms
The Riddle of the Sphinx
With political controversy swirling around the federal government's energy loan guaranty program, many may not realize that California has its own loan guaranty program. The California Pollution Control Financing Authority administers the California...
