Nevada Supreme Court Finds Want Of Personal Jurisdiction Over LLC Members

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...

California Air Resources Board Solicits Input On California Greenhouse Gas Emissions Disclosure Laws
Is This CARB Climate Corporate Data Accountability Act Enforcement Notice Legal?

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...

Court Finds Failure To Obtain Finance Lenders' License Does Not Render Commercial Loan Unenforceable, Illegal Contract

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...

Tariffs And California's Anti-Price Gouging Law

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...

Do President Trump's Emergency Declarations Trigger California Price Controls?

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...

Has California Imposed Nationwide Price Controls?

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,...

Can Reincorporation And Share Increase Proposals Be Bundled?

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...

Personal Jurisdiction Matters

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...

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