On September 16, I wrote that SB 392 (Florez) had been "held at desk" pursuant to Joint Rule 57. SB 392 would allow an LLC to be licensed as a contractor. Cal. Const. Art. IV, § 10(b)(2) provides that any bill passed before September 1 (SB 392 was...
Recent Posts
"Bulk" is a word that comes into English from the Old Norse language. It refers to a pile of goods - presumably at the bottom of a Viking ship. With the growth of commerce, creditors became concerned that merchants would acquire an inventory - a...
John F. Banzhaf III is a law professor who in the 1960s became interested in voting and voting power. See Weighted Voting Doesn't Work: A Mathematical Analysis, 19 Rutgers Law Review 317 (1965). In ensuing years, Professor Banzhaf has attracted...
On September 21, 2010, the Securities and Exchange Commission held its first in a series of hearings concerning the municipal securities markets. California Treasurer Bill Lockyer submitted these written remarks. In these remarks, the Treasurer...
Ok, I admit Fusion Capital Fund II, LLC v. Ham, 2010 U.S. App. LEXIS 15962 (Aug. 2, 2010) does not deal with California law. The case caught my eye because it isn't all that often that you see an opinion interpreting Nevada corporate law written by...
Recently, the Securities and Exchange Commission announced that it had charged an investment adviser in Colorado with fraudulently recommending hedge funds to older investors.
In the waning days of the 2001-2002 legislative session, then Assemblymember Kevin Shelley gutted and amended AB 55. As introduced, AB 55 would have amended the Elections Code. Instead, AB 55 became the vehicle for the enactment of the deeply flawed...
The U.S. Supreme Court has scheduled oral arguments in Janus Capital Group, Inc.v. First Derivative Traders for December 7, 2010. The case concerns whether: (1) a service provider can be held primarily liable for participating in an issuer's...
According to TheCorporateCounsel.net yesterday, the Security and Exchange Commission's proxy access rules were published yesterday in the Federal Register - thereby starting the clock on the effectiveness of the rules.
