Last week, the Nevada Supreme Court analyzed the rights of a judgment creditor of a member/manager of a limited liability company. In Weddell v. H2O, Inc., 2012 Nev. LEXIS 26 (March 1, 2012), the court reviewed the development of Nevada's LLC...
Recent Posts
A few months after I joined the Business, Transportation & Housing Agency, a major earthquake struck the San Fernando valley. Fifty-seven people lost their lives and thousands were injured. Property damage was extensive and five highway bridges...
While many were thinking of love on Valentine's Day, Assembly member Bob Wieckowski's thoughts were turned to dissenters' rights; for on that day he introduced AB 1680. This bill would eliminate an exception to an exception from the definition of...
Earlier this week, Nevada Secretary of State Ross Miller announced an invitation for bids to produce a comprehensive review of legal requirements for a digital model operating agreement for limited liability companies. Never having heard of a...
In 2002, the California legislature enacted the Corporate Disclosure Act to require publicly traded corporations and publicly traded foreign corporations qualified to transact intrastate business in California to file a statement of information with...
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...
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