California Corporate & Securities Law

Sometimes, you just can't be sure whether about the identity of a corporation's directors. Doubt can arise for a number of reasons. Corporate records may be lost entirely. Corporate records may be incomplete or inconsistent. Corporate formalities...

California Corporations Code Section 800 governs derivative suits brought by both domestic and foreign corporations. The statute provides a modicum of protection to defendants by establishing a procedure by which either the corporation or an...

Last October, Governor Brown signed AB 667 (Wagner) into law. The bill, which was thefor "finders" product of the efforts of the Corporations Committee of the Business Law Section of the California State Bar, created a statutory "finders" exemption...

Even though the federal statute is named the Investment Advisers Act of 1940, persons regulated by that act often refer to themselves as "advisors" and not "advisers".  Which is spelling is correct?

The California Corporate Securities Law of 1968 currently exempts from qualification any security of an issuer (1) organized exclusively for educational, benevolent, fraternal, religious, charitable, social, or reformatory purposes and not for...

Under Article III, Section 2 of the U.S. Constitution, the judicial power of the federal courts may extend to, among other things, controversies between citizens of different states. When a party is a trust, in what state is the trust a citizen for...

You can thank the Romans for science and the English for knowledge

I enjoyed participating in the "Hot Issues For Your Annual Meeting" webcast yesterday.  My comments were largely focused on California and Nevada corporate law.  Roxanne Houtman of Potter Anderson Corroon LLP covered Delaware law. Among other things,...