California Corporate & Securities Law

The "Tax Cuts and Jobs Act" is giving compensation committees and their advisors much to consider. Readers may recall that the limitation on a public company's ability to deduct compensation of specified officers did not apply to certain qualified...

The word "transfer" is derived from two (what else?) Latin words - trans and ferre.  The former meaning "across" and the latter meaning "to carry". In a non-technical sense, a "transfer" can involve a simple change in possession. For example, one...

Businesses often prefer to have their cases tried in federal court, but the U.S. District Courts are courts of limited jurisdiction. When there is no federal question at issue, the Court's jurisdiction may depend on whether there is diversity...

This post by John O'Brien for Legal Newsline is a reminder to securities issuers that they might want to review their prior offering documents before filing a lawsuit in which they make inconsistent allegations and disclose facts omitted from the...

Today's post picks up where I left of more than seven years ago with the question of whether a licensed real estate broker must be licensed as a broker-dealer under the California Corporate Securities Law of 1968.  See Does George Babbitt Need a...

For more than a half century, the Freedom of Information Act (aka FOIA) grants any person a legally enforcable right to obtain access to federal agency records (with certain exceptions). The FOIA requires federal agencies to promulgate regulations,...

In a change that escaped my notice, the legislature has seen fit to rename the venerable California Finance Lenders Law as the California Financing Law.  This legislation, Stats. 2017, ch. 475 (AB 1284 (Dababneh)), was enacted as urgency legislation...

California's legislature reconvened last week for the second year of its biennium.  Assemblyman Marc Steinorth began the session by introducing a bill requiring the Secretary of State to exclude certain personal information that is provided online.