In 2005, the birdwatching world was stunned by the announcement of the re-discovery of the Ivory-Billed Woodpecker, a magnificent member of the Picidae family thought to have become extinct more than a half century ago. At the Office of...
In 2002, the Legislature enacted AB 55 creating the victims of corporate fraud fund. Since the fund was created, it has collected about $15 million and nearly 800 claims have been submitted. In a devastating article published last fall by the ...
I've been writing recently about the Milton-Marks “Little Hoover” Commission on California State Government Organization and the Economy which has an important task in reviewing Governor Jerry Brown's proposed reorganization plan.
From time to time, a question will arise about the necessity of obtaining spousal consent in connection with the purchase or sale of a security. Interestingly, California declares it unlawful for any agent or broker-dealer to require prior spousal...
In yesterday's post, I mentioned that the Milton Marks “Little Hoover” Commission on California State Government Organization and the Economy oversees the Bureau of State Audits. See Government Code Sections 8542 and 8543.
Last week, I testified before the Milton Marks "Little Hoover" Commission on California State Government Organization and the Economy concerning Governor Jerry Brown's 2012 Reorganization Plan. My written comments are available here.
In reviewing recent California cases involving the Corporations Code, I was surprised to see several recent, published and and unpublished opinions dealing with marijuana dispensaries. I never would have imagined that California's laws governing...
Last December, I wrote about U.S. District Court Judge Jeremy Fogel's decision in Johnson v. Myers, 2011 U.S. Dist. LEXIS 112897 (N.D. Cal. Sept. 30, 2011). The case involved an attempt by some of the stockholders of a liquidated Scottish...
Since 2002, California has imposed its own disclosure requirements on publicly traded corporations incorporated in or qualified to transact intrastate business in California. A subject corporation is currently required to disclose, among other...