California Corporate & Securities Law

Yesterday's post mentioned the recent Delaware Supreme Court decision in United Techs. Corp. v. Treppel, 2014 Del. LEXIS 608 (Del. Dec. 23, 2014). The case involved an inspection demand under Section 220 of the Delaware General Corporation Law. The...

In United Techs. Corp. v. Treppel, 2014 Del. LEXIS 608 (Del. Dec. 23, 2014), the Delaware Supreme Court held that the Court of Chancery had authority to condition a stockholder's inspection under Section 220 of the Delaware General Corporation Law...

In This “Appeal” Of Whole Foods’ No-Action Letter Isn’t Very Appealing, I wrote about Jim McRitchie's attempt to "appeal" the staff's decision with respect to the exclusion of his proxy access proposal to Whole Foods Market, Inc. The staff had...

This year marks the 800th anniversary of King John of England's sealing of the Magna Carta at the field of Runnymede. Readers may remember that King John was the youngest brother of the more celebrated Richard Coeur de Lion (the "Lion Heart"). King...

I continue to be shocked at CalPERS' vitriolic approach towards the press.  In the last 12 months, CalPERS has taken on The Wall Street Journal, Fox News, several California metropolitan newspapers, several local newspapers, and bloggers. According...

Earlier this week, I addressed some common queries regarding California's limited offering exemption, which is often referred to as the "F" exemption because it is found in Corporations Code Section 25102(f). Today's post will address a few more...

When I first started practicing law, the predominant exemption from qualification under the California Corporate Securities Law of 1968 was found in Corporations Code Section 25102(h). Although that exemption remains on the books, its popularity has...

Section 25102(f) is perhaps the most commonly used exemption from qualification under the California Corporate Securities Law of 1968.  Here are just a few of the questions that the Department of Business Oversight receives concerning the exemption:

It's not often that I wake to find the mountains behind my house covered with snow.  This gelid early morning scene reminded me of the first few lines of Horace's Ode 1.9: