California Corporate & Securities Law

Because this is the second year of California's current legislative biennium, the legislature went into final recess on August 31. J.R. 51(b)(3). This does not mean, however, that the legislature has adjourned. A recess is a temporary suspension of...

A California bill, AB 2098 (Low), appears to be moving towards passage in the next two weeks. The bill would make the spreading of misinformation, as defined, or disinformation related to COVID-19, including false or misleading information regarding...

Followers of this post will know that the California legislature operates on a biennium.  This biennium will end at the end of the month.  Here is how the final month of the current biennium lays out:

The last sentence of California Corporations Code Section 600(e) imposes a significant limitation on the ability of California corporations to hold virtual-only meetings:

In 2018, California enacted legislation requiring publicly held corporations having their principal executive offices in the state to have minimum numbers of female directors. 2018 Cal. Stats. ch. 954. Despite pending constitutional challenges to...

California currently imposes unique disclosure requirements on publicly traded corporations.  See California Joins The Parade: The California Corporate Disclosure Act, 16 Insights 21 (2002). These disclosures are at best useless because they...

Tomorrow is an important day for the California legislature because it is the last for bills to be introduced (Joint Rule 61(a)(1) and Joint Rule 54(a)). After a bill has been introduced, it may not be heard by any committee or acted upon by either...