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Report Issued On Two-For-One Executive Order, But What About The SEC?

The Office of Information and Regulatory Affairs recently published a report on the fiscal 2018 results of President Trump's Executive Order 13771 (Jan. 30, 2017) requiring federal agencies and departments to, among other things, eliminate two...

Administrative Procedure

Yes, Virginia, There Is A Limited-Liability Corporation (At Least In Case Law And Statute)

Twenty years ago, limited liability companies were a novelty.  Today, they are common, but courts often conflate LLCs with corporations by referring to "limited liability corporations".  For example, the Court of Appeal iHotels Nevada, LLC v....

Limited Liability Companies

Nevada's Criminal Gatekeeper Statute

Although much of Nevada is unfenced open range (see yesterday's post), that doesn't mean that the state treats the responsibility of gatekeepers lightly.  More than a century ago, Assemblymember Thomas Hagar introduced legislation criminalizing the...

Nevada

Home On The Range

This last weekend, I took a hiking trip in central Nevada.  Sadly, there is no escape from traffic (see photo below).

Driving through Nevada, one often encounters signs declaring "Open Range".  This refers to a set of legal principles that are at...

Nevada Supreme Court Applies De Facto Merger Doctrine To Debt Forgiveness Transaction

Last month, Professor Stephen Bainbridge posed the question of whether California recognizes the de facto merger doctrine outside of the successor liability context.  Here was my response.  Less than two weeks later, the Nevada Supreme Court...

nevada corporation

Who Is A Female? New California Statute Provides An Answer

California's new gender quota law, SB 826, has attracted widespread attention.  The law mandates that a publicly held domestic or foreign corporation with its principal executive offices, according to the corporation’s SEC Form 10-K, located in...

Corporate Governance

California Will Soon Require Novel Disclosure Requirements Providers Of Commercial Financings

In February, I noted the introduction of a bill that would require any person engaged in the business of commercial financing to provide specified disclosures to prospective borrowers.  On September 30, Governor Brown signed the bill, SB 1235, into...

Finance Lenders Law

Secretary Of State's Office To Be Tested In Implementing New Gender Quota Law

California's new law imposing gender quotas on boards of publicly held corporations imposes significant new responsibilities on the office of the California Secretary of State.  This will put the office in the difficult position of expending time...

California Secretary of State

Professor Bainbridge Asks "Would They Have Standing?"

As has been widely noted, the constitutionality of SB 826, California's new gender quota law, is questionable.  It remains to be seen who will bring the challenge and where.  Yesterday, Professor Stephen Bainbridge raised the question of whether the...

Departing Is Such Sweet Sorrow: Some Things To Consider When You Leave California

California's recent enactment of a gender quota for boards of publicly held corporations may cause some of foreign corporations to consider moving the location of their principal executive offices.  The new law, Corporations Code Section 301.3, will...

Pseudo-Foreign Corporations

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ABOUT OUR AUTHOR

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