California Corporate & Securities Law

Two years ago, California enacted SB 1235 (2018 Cal. Stats. ch. 1011) requiring providers of commercial financing to disclose certain information to the businesses seeking financing. The Department of Financial Protection and Innovation solicited...

In a recent ruling involving a motion to confirm an arbitration award involving a default, Judge Vince Chhabria asked the plaintiff for supplemental briefing on whether the defendant had been properly served. Tetronics Int'l (United Kingdom) v....

Before Tuesday's election, I wrote about Measure L which would impose a tax on "overpaid executives".  Reportedly, the voters approved the measure 65% to 35%. The tax is not limited to Exchange Act reporting companies. It will be interesting to see...

Choosing a name for a business entity is one thing, getting that name approved by the California Secretary of State is another. The Corporations Code places specific restrictions on the names of corporations, limited partnerships and limited...

Professor Stephen Bainbridge recently wrote on whether operating agreements of limited liability companies are subject to the Statute of Frauds.  He notes "In a majority of states, the operating agreement may be written or oral, although some states...

"San Francisco is a city of startling events. Happy is the man whose destiny it is to gather them up and record them in a daily [blog]!"*

California's Labor Code currently prohibits employers, or persons acting on their behalf, from retaliating against employees who "blow the whistle". Cal. Lab. Code § 1102.5. The same statute also prohibits employers, or persons acting on their...

California Civil Code Section 1550 provides that only four elements are "essential" to the existence of a contract:

Many terms associated with contracts and contract formation are of latin origin: