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Must A False Statement To A Franchisee Be Made "In this state"?

The list of instruments and interests included within the definition of a "security" in California Corporations Code Section 25019 is long.  A franchise, however, is not to be found amongst the named.  In fact, the statute specifically excludes a...

California Securities Laws, franchise, Franchise Investment Law, G.P.P., Gutierrez-Brizuela v. Lynch, section 31202, Section 31300, Administrative Procedure, CFIL, chevron deference, in this state, Inc. v. Guardian, neil gorsuch, Section 31101, Sheila K. Oberto

Will Congress Deep Six The SEC's Resource Extraction Rule?

In December of last year, I wrote about how the Securities and Exchange Commission's Resource Extraction Rule might meet an untimely end.  See There’s Still Time For Congress To Void The SEC’s Resource Extraction Rule (Dec. 14, 2016).  The rule,...

resource extraction rule, Rule 13q-1, SEC, Administrative Procedure, Form SD, Kevin McCarthy

Will The Bureau Of Real Estate Get A Promotion?

 "Not since Clytemnestra and Agamemnon has there been such a mismatch."

Almost five years ago, I decried the demotion and relocation of the Department of Real Estate:

Although the DRE issues professional licenses, it is fundamentally a business...

SB 173, Administrative Procedure, Bureau of Real Estate, Commissioner of Real Estate, department of real estate, Senator Bill Dodd

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30172DBAB0084D3A8F39D7AF0A8E79BC.ashxKeith Paul Bishop
Partner at Allen Matkins
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