California Corporate & Securities Law

What if artificial intelligence takes control, could it begin to populate the world with corporations that it has begotten? To answer this question, one must define "artificial intelligence". Although several current California statutes refer to...

I am often struck by the fact that the California General Corporation Law simply fails to address many very basic questions of corporate law and procedure, including the following:

Yesterday, the California Department of Financial Protection & Innovation published a 74-page report on its oversight and regulation of Silicon Valley Bank.  As explained in this earlier post, the bank was a state chartered bank but the DFPI was not...

Borrowing from the 43rd episode of Seinfeld, entitled "The Pitch", today's post is about nothing. In that episode, George Costanza famously conceives the idea of "a show about nothing". In fact, William Shakespeare preceded George by writing a play...

In this February post, I wrote about a bill, SB 261, that would would require businesses to prepare and submit climate-related financial risk reports.  The bill would apply to any corporation or other business entity formed under the laws of...

The Securities and Exchange Commission yesterday adopted amendments to its rules governing share repurchase disclosures.  The SEC first proposed changes to its rules in December 2021. The SEC twice reopened the comment period for different reasons in...

As has been widely reported, the California Department of Financial Protection & Innovation announced that it has taken possession of another California chartered bank - First Republic Bank. This is the second California state bank failure this...

California Assemblymember  Brian Maienschein has introduced a bill, AB 853, that seemingly would impose a notification burden on just about anyone anywhere:

"You can check out any time you likeBut you can never leave"