California Corporate & Securities Law

California's Department of Financial Protection & Innovation has complied this summary of new laws that affect or may otherwise be of interest to persons licensed by the department.  In general, these laws will take effect on January 1, 2022.  See ...

Last month, the Securities and Exchange Commission announced that it was proposing a new rule under the Exchange Act.  In an accompanying "fact sheet", the SEC said that it was doing so "to increase transparency and efficiency in the opaque...

Liz Dunzhee wrote yesterday in the Mentor Blog:

Hay and solar power must needs be made whilst the sun shines. Demand for electricity, however, does not end when the sun sets. The Crescent Dunes Solar Energy Project sought to overcome this problem by using heliostats to focus the sun's heat on a...

Section 1601 of the California Corporations Code grants any shareholder the right to inspect the accounting books, records, and minutes of board and shareholder meetings for a purpose reasonably related to the shareholder's interest as a...

As the trial of of the constitutionality of SB 826, California's female director quota, law continues, the question of the plaintiffs' standing remains in contention.  As I reported in June of last year, Judge Maureen Duffy-Lewis previously overruled...

California's female director quota law was on trial last week.  According to Brian Melley, a reporter for the Associated Press, a witness from the Secretary of State's office testified "It’s required but there’s no penalty, so it’s essentially...

A California Court of Appeal opinion published yesterday highlights the importance of understanding how and when a contract is formed. The case from an attorney's letter to an insurance offering to settle his client's claim for bodily injuries in...

Many legal words include silent letters. For example, what possible reason could there be for including a "c" in the word "indict" or a "b" in the word "doubt"? The inclusion of these seemingly useless letters is neither arbitrary nor capricious....