Last week, I wrote about legislation, 2022 Cal. Stats. ch. 617, that among other things eliminated the word "executive" from the numerous sections of the California Corporations Code containing the phrase "principal executive office". See Do These...
Was "Principal Executive Office" A Grave Tautology?
Posted on July 11, 2023
Does The California Legislature Really Believe In the Existence Of Limited Liability Corporations?
Posted on May 17, 2023
The California Corporations Code includes provides for the formation of corporations as well as limited liability companies. However, it does not provide for the formation of limited liability corporations. Oddly, however, the California legislature...
Does California Charter Law Breakers?
Posted on May 12, 2023
As Vice Chancellor, Leo E. Strine Jr. once declared "Delaware law does not charter law breakers". In re Massey Energy Co., No. CIV. A. 5430-VCS, 2011 WL 2176479, at *20 (Del. Ch. May 31, 2011). The California General Corporation Law seems to echo...
Can Artificial Intelligence Beget A Corporation?
Posted on May 11, 2023
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...
