California Corporate & Securities Law

The California legislature meets annually but but the legislative session is biennial.  Nevada's legislature in contrast meets every other year.  See Happy New Biennium! The second year of California's current session comes to a close at the end of...

Given California's hostility to non-compete agreements, it is easy to lose sight of the fact that other states don't have the same attitude. In neighboring Nevada, the courts will look to whether the restraint on competition in reasonable. A...

Section 3(a)(10)of the Securities Act provides an exemption from Securities Act registration for offers and sales of securities in specified exchange transactions. There are several conditions to the exemption, including the requirement that a...

As one might expect, the California Corporations Code includes California General Corporation Law. The Corporations Code covers a lot more than corporations, however. It includes, for example, California's partnership, limited partnership, and...

Section 496 of the California Penal Code makes it a crime to receive stolen property.  Any person who has been injured by a violation of the statute may bring an action for three times the amount of actual damages, if any, costs of suit, and...

Six years ago, I opposed Governor Brown's reorganization plan that, among other things, resulted in the creation of the Bureau of Real Estate within the Department of Consumer Affairs:

Section 202(a) of the California Labor Code requires an employer to pay all wages within 72 hours when an employee resigns without notice. In one recent case, the employer sent the requisite check on time, and the amount stated in numerals on the...

What is a corporation to do when:

The 26th Amendment to the United States Constitution provides: "The right of citizens of the United States, who are 18 years of age or older, to vote, shall not be denied or abridgedby the United States or any state on account of age". The...