California Corporate & Securities Law

On Saturday, The Wall Street Journal published an article by Daniel Harmann celebrating the 800th anniversary of the Magna Carta. In recognition of this event, this blog has sporadically published translations of portions of the famous charter.  See ...

The ecclesiastical doctrine of incardination defines the relationship between clerics and the church. According to the United States Conference of Bishops (no relation), "incardination is traditionally used to refer to the attachment of the priest...

The Wall Street Journal took aim yesterday at stock repurchases and dividend payments, citing a commissioned study that concluded:

A forthcoming academic paper looks for bundling in more than 1,500 management proposals between 2003 and 2012.  Bundling occurs when multiple matters are combined into a single proposal.  The authors, James Cox, Fabrizio Ferri, Colleen Honigsberg, and

Last Friday, Delaware lawyer Francis G.X. Pileggi wrote about Vice Chancellor J. Travis Laster's recent decision to award more than $72 million in attorneys fees in costs in connection with the settlement of a derivative action challenging the...

As a once and future beekeeper, I'm bemused by the California legislature's inept efforts to legislate apiculture. Section 29414 of the California Food & Agricultural Code, for example, defines "honeybees" as " honey-producing insects of the genus...

California's Corporate Securities Law of 1968 defines and provides for the comprehensive regulation of most, but not all, investment advisers. Some investment advisers are subject to an entirely different law found in the California Civil Code -...

Readers of this blog will be familiar with my criticism of the 2013 amendment of California's basic securities fraud statute, Corporations Code Section 25401.  See California Creates Complete Chaos By Rewriting Anti-Fraud Statute, But “We Are Against...

Last month, I wrote about Judge Lucy Koh's decision not to preliminarily enjoin the Department of Business Oversight's investigation of Nationwide Biweekly Administration, Inc. for unlicensed activity under California's Check Sellers, Bill Payers...