California Corporate & Securities Law

Bonnie Springs Ranch sits below towering and very picturesque Aztec Sandstone cliffs a few miles outside of Las Vegas, Nevada. After terminating a contract to sell some adjacent land, Bonnie Springs alleged that that buyer abused process by filing a...

Monday was the close of the comment period on the Securities and Exchange Commission's proposed rules with respect to listing standards requiring recovery of erroneously paid incentive compensation.

Suppose that a corporation's bylaws includes the following two provisions:

Yesterday marked the close of the comment period on the SEC's proposed incentive compensation clawback rules.  You can read my comments here. The proposed rules are fundamentally flawed because the SEC failed to recognize that different bodies of law...

Today is the close of the comment period on the Securities and Exchange Commission's proposed rules under Section 954 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which added Section 10D to the Securities Exchange Act of 1934....

Occasionally, I'm asked whether it is possible to file a specific notice electronically using the California Department of Business Oversight's online portal.  To use this service, you must register online.  There are two registration options: Option...

Do you ever wonder whether the time and expense of preparing a private placement memorandum is really worth it? Does anyone ever escape liability because of a well drafted PPM? A recent opinion by the California Court of Appeal provides one, albeit...

Shareholders wanting to pursue a derivative suit all come to the same fork in the road. One fork is to make a demand. The other is to file a lawsuit and allege that demand would have been futile. Most plaintiffs choose the latter because the act of...

Feliz Cumpleaños