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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

Supreme Court: 1934 Amendment Repeals 1918 Limitation On Compound Interest

The same year that the Great War ended, the voters of California approved an initiative measure governing allowable interest rates.  This initiative remains uncodified but West Publisher designates these statutes as Civil Code Sections 1916-1 to...

usury

Is Something Missing From This Complaint Against The We Company?

Earlier this week, Kevin M. LaCroix wrote about a lawsuit filed recently against The We Companies, commonly referred to as WeWork.  The company attracted a lot of press attention when in September it withdrew the registration statement for its...

derivative action

Are Cannabis Contracts Void?

Section 1608 of the California Civil Code has been on the books since 1872.  It provides:

"If any part of a single consideration for one or more objects, or of several considerations for a single object, is unlawful, the entire contract is void."

...

contract

Secretary Of State Declares Enforcement of Gender Quota Law To Be "Entirely Speculative" And Casts Doubt On Rulemaking

In August, I reported on the filing of a taxpayer challenge to California's Board Gender Quota Law.  California's Secretary of State, Alex Padilla, was named as the defendant in his official capacity.  The plaintiffs allege that the law (SB 826)...

Business Professors Find "Large Negative Stock Market Reaction" To California's Board Quota Law

Three researchers (two at Clemson and one the University of Arizona) recently announced the results of their study of the impact of California's board gender quota law (SB 826) on publicly traded [sic] firms headquartered in California.  They found...

In This Case, The "Crux Of The Biscuit" Was The Missing Apostrophe

Consider the following provision of in a contract between a general contractor and a subcontractor:

"Ten percent (10%) of Subcontractor’s contract amount shall be withheld and will be released 35 days after completion of subcontractors work."

After...

contract

State Law And Shareholder Representatives

As noted yesterday, the Securities and Exchange Commission has proposed to amend Rule 14a-8 to modernize "the process for shareholder proposals to be included in a company’s proxy statement".  Among other things, the SEC is proposing  to amend the...

Corporate Governance, General Corporation Law

Did The SEC Misstate State Law In Proposing Changes To Shareholder Proposal Rule?

Yesterday, the Securities and Exchange Commission proposed amendments to Rule 14a-8, which requires companies subject to the federal proxy rules to include shareholder proposals in their proxy statements, subject to certain procedural and...

General Corporation Law

What Does The Governor's Proclamation Of Statewide Emergency Have To Do With the General Corporation Law?

Late last month, Governor Gavin Newsom declared a statewide emergency due to the effects of unprecedented high-wind events which have resulted in fires and evacuations across California.  The Governor's declaration has implications for California...

White House Orders Agencies To Offer Opinion Letters Or Does It?

Last month, the White House issued this fact sheet concerning two executive orders intended "to improve the transparency and fairness of government agencies and ensure that they are held accountable".  The fact sheet describes the "Transparency and...

Administrative Procedure Act

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30172DBAB0084D3A8F39D7AF0A8E79BC.ashxKeith Paul Bishop
Partner at Allen Matkins
(949) 353-6328
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