California Corporate & Securities Law

A week ago, the United States Securities and Exchange Commission charged Kim Kardashian with touting on social media a crypto asset security offered and sold by EthereumMax without disclosing the payment she received for the promotion. According to...

In a recent posting on the Business Law Prof [sic] Blog, William S. Boyd School of Law Professor Benjamin Edwards wrote about a recent order issued by Nevada state District Court Judge Timothy C. Williams. The case involved a dispute over who was...

In a recent paper, four authors attempt to assess board cultural diversity and firm performance under competitive pressures.  The authors conclude that "culturally diverse boards are associated with superior performance for firms operating in highly...

One of the more unusual bills enacted by the legislature this year concerns the use of "creative expression" in criminal proceedings.  AB 2799 (Jones-Sawyer) defines "creative expression" as the "expression or application of creativity or...

A corporation with an "active-pending termination" status can be returned to Active status by filing a Revocation of Election to Terminate, also known as a Revocation of Election to Wind Up and Dissolve, that meets the requirements of California...

The California Financing Law requires each licensed lender, broker, and program administrator licensee to pay its pro rata share of all costs and expenses of the administration of the law, as estimated by the Commissioner, for the ensuing year and...

Three millennia ago, the Egyptians began the practice of treating disease by the letting of blood.  Bloodletting became an accepted practice worldwide.  King Charles II and George Washington both endured bloodlettings.  In the 1800s, Dr. Hughes Bennett...

In April, I wrote about AB 2431 which modifies the statement of information a statement requirement for LLCs.  In 2020, the legislature enacted AB 3075 (Gonzalez) to require that statements of information filed with the California Secretary of State...

I recently wrote about the California Supreme Court's decision not to decide whether a bumblebee is a fish. It there fore may be no surprise that in California a business trust may be a foreign corporation. Corporations Code Section 170 defines a...