In a recent post, I questioned why personal jurisdiction was unquestioned. See Questioning Delaware's Control Over Controlling Stockholders. Personal jurisdiction is, of course, unquestionably fundamental, as evidenced by the Nevada Supreme Court's...
Recently, UCLA Professor Stephen Bainbridge posted this critique of California's climate disclosure laws - SB 253 and SB 261. Readers of this blog will recall that SB 253 requires "reporting entities" to disclose Scope 1, 2 & 3 greenhouse gas...
The California Financing Law provides that “[n]o person shall engage in the business of a finance lender or broker without obtaining a license from the commissioner.” Cal. Fin. Code § 22100(a). The CFL further provides that if any provision of the...
Earlier this week, President Donald Trump remarked that he is "thinking in terms of 25%" tariffs on goods imported from Mexico and Canada". A tariff is a tax levied upon imported goods. When goods enter the United States, they are classified and...
As discussed in yesterday's post, California's sloppily drafted anti-price gouging statute, Penal Code Section 396, is triggered upon the proclamation of a state of emergency by either the President of the United States or the Governor. Immediately...
On January 7, 2025, Governor Newsom proclaimed a State of Emergency in Los Angeles and Ventura Counties due to the fire in the Pacific Palisades and windstorm. This proclamation triggered price the application of California Penal Code Section 396,...
In this earlier post, I commented on the preliminary proxy materials filed by P.A.M. Transportation Services, Inc. (nka PAMT Corp) At the time, my interest was the company's proposal to reincorporate in Nevada from Delaware. On October 31 of last...
I recently questioned the basis for Delaware' assertion of personal jurisdiction over controlling stockholders. I noted that there is no "deemed consent" statute for controlling stockholders as there is for directors and officers. A recent...