Commissioner Previews Potential Private Fund Adviser Rule Changes

If you're reading this blog, then you had a better Ides of March than Julius Caesar did in 44 B.C.E. 

Are Worker Cooperatives A "Sea Water Fish In A Freshwater Pond"?

Jaroslav Vanek is a professor emeritus in the Department of Economics at Cornell University.  He is recognized as a leading thinker on the subject of labor managed enterprises.  In fact, he wrote a seminal work on the subject in 1970 - The General...

California Corporation Fails To Persuade SEC That Cumulative Voting Proposal Can Be Excluded Under Rule 14a-8

Although Rule 14a-8 is a federal rule, its application often turns on state corporate law. In most cases, the state law in question is the Delaware General Corporation Law because companies subject to the SEC's proxy rules are most commonly...

Bill To Amend Placement Agent Law Introduced

As discussed in this posting from last October, the legislature enacted AB 1743 to require placement agents for funds and advisers seeking access to CalPERS or other California public retirement systems to register as lobbyists. Although I had...

Secretary Of State's E-Mail Notification Bill To Be Amended

The Secretary of State is sponsoring AB 657 to allow both foreign and domestic corporations to indicate that they would like to receive notification from the Secretary of State's office by email.

Joint Oversight Hearing Scheduled Regarding Dodd-Frank Act Impacts

The Assembly Banking and Finance and the Senate Banking and Financial Institutions Committees will be holding an oversight hearing on March 23.  According to the Assembly Daily File, the purpose of the hearing is to consider "intial reactions,...

Nevada Business Entity Treatise Released Today!

Nearly two decades ago, I wrote what I believe to be the first treatise on the corporate law of Nevada.   Today, I'm pleased to announce the release of a new treatise, Bishop and Zucker on Nevada Corporations and Limited Liability Companies.  Here is...

Video: What’s In Store For California’s Exemption For Venture Capital Fund Managers?
Guest Post: Are Some California Fund Manager Performance Fees in Doubt?

By Matthew J. Ertman