Ten Rules For Group Decision Making By The Man Who Wrote The Book

Born at the end of the 19th century, Paul Mason worked for the California legislature and Governor Goodwin Knight.  In 1935, he published Mason's Manual of Legislative Procedure, which is commonly known as Mason's Manual.  After Mr. Mason's death in...

Assembly Member Takes Another Run At Digital Financial Asset Law

In June of last year,  noted the introduction of a bill that would subject digital financial asset businesses to licensing in California.  See California Fingers Digital Financial Asset Businesses For Licensing.  In September, Governor Gavin Newsom...

How Not To Get Your Start In Banking

The California Department of Financial Protection & Innovation recently issued a warning about "individual or individuals on YouTube claiming that individuals can form their own “private banks” and become “individual bankers” to obtain various...

California Bill Would Require Climate-Related Financial Risk Reports

On Monday, four California state senators introduced a bill, SB 261, that would require businesses to prepare and submit climate-related financial risk reports.  The bill would apply to any corporation or other business entity formed under the laws...

Why Is McDonald's Former V.P. Being Judged In Delaware By Delaware Law?

Vice Chancellor J. Travis Laster's recently ruled that McDonald's Corporation's former Executive Vice President and Global ChiefPeople Officer, David Fairhurst, owed a duty of oversight comparable to the duty articulated by Chancellor Allen in In re...

This Partner May Have Observed The Punctilio Of Honesty But Perhaps Not Honor

Nearly a century ago, Benjamin Cardozo waxed eloquent regarding the fiduciary obligation of co-venturers:

Are Lawyers Who Author Or Vote For Unconstitutional Laws Subject To Discipline By The California State Bar?

The California State Bar Act imposes a duty on attorneys to "support the Constitution and laws of the United States and of this state".  Cal. Bus. & Prof. Code § 6068(a).  Many California legislators are members of the California State Bar,...

Decisions, Decisions - The Thorny Problems At The Heart Of Stakeholderism

In yesterday's post, I highlighted a new discussion paper arguing that Twitter's leaders threw its stakeholders "under the bus" in favor of the interests of the stockholders.   According to the authors, stakeholder governance "refers to the...

Federal Judge Enjoins Physician Gag Law

Last year, the California legislature enacted statutory changes ostensibly to limit the spread of misinformation and disinformation about COVID-19 by licensed physicians.  2022 Cal. Stats. ch. 938 (AB 2098), See California Legislates Covid-19...

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