Privity is one those requirements that isn't intrinsically interesting and yet it is extremely important. Over the last year, I've written several posts discussing the privity requirement (or lack thereof) under the Corporate Securities Law of 1968,...
On Monday, I mentioned the United Nations Convention on Contracts for the International Sale of Goods (aka the "CISG"). The CISG generally applies to contracts for the sale of goods when the parties have their places of business in different...
The California legislature went into recess on July 15. Several bills that would amend the California Corporations Code await action when the legislators return on August 15. However, the legislature has already enacted and the Governor has signed a...
Why read the papers when you can watch the video?
Until last year, Ambac Assurance, a Wisconsin domiciled insurer, was one of the largest monoline insurers in the world. Originally it insured low-risk, public finance bonds. However, in the 1990s it started to offer financial guarantee insurance on...
Two decades ago, Bob Rizzi and I wrote an article for the California Business Law Reporter asking whether limited liability company legislation would ever be enacted in California. Only three years later, California enacted the Beverly-Killea...
Last week, the Nevada Supreme Court answered the question of whether notice of dissenters' rights must be delivered to both stockholders of record and beneficial owners.
The California Board of Accountancy is over 100 years old, having been established in 1901. In California, the accountants are governed by the Accountancy Act, which can be found in the Business and Professions Code (commencing with Section 5000)...
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