DFPI's Plethora Of Spoils

In January, 1832, William Learned Marcy rose in the United States Senate to defend Secretary of State Martin Van Buren from criticism by Henry Clay. Clay's attack on Van Buren is not remembered, but the words of Senator Marcy's defense are still...

DFPI Reports $214.2 Billion In Commercial Loan Originations In 2021

The California Department of Financial Protection & Innovation recently issued is 2021 Annual Report of Operation of Finance Lenders, Brokers, and PACE Administrators Licensed Under the California Financing Law. The DFPI reports a nearly 12%...

Knowledge Of Restrictions Dooms Stock Transfers

"I see nothing! I hear nothing! I know nothing!"

What Is A Church? The CFL Tells How To Tell

The word "church" has an interesting ancestry.  It most likely began as a Germanic word that entered the Greek language and then moved on to English.  The Greek word, κυριακός, means for or of an owner, master or lord (κύριος means master or lord, as...

DFPI Empowered To Stop Actions That Are Not Ongoing

"Eppure non si muove"

Alleged Corporate Murder Merits A Jury Trial

"Murder most foul, as in the best it is.But this most foul, strange and unnatural."*

A New GC For The DFPI

Last Friday, California Governor Gavin Newsom announced the appointment of Avyark “Avy” Mallik as General Counsel at the California Department of Financial Protection and Innovation.    Most recently, Mr. Mallik served as Director of Fintech Policy...

California Greenhouse Gas Emissions Bills Fails Passage

On the last day of the the current biennium, the California Assembly refused passage of SB 260.  This bill would have required large companies to report annually on their greenhouse gas emissions. Despite significant opposition, the bill had moved...

Is A Spouse Required To Give Prior Notice When A Business Sells All Or Substantially All Of Its Assets?

Section 1100 (d) of the California Family Code provides that, subject to two exceptions, "a spouse who is operating or managing a business or an interest in a business that is all or substantially all community personal property has the primary...