In a recent blog post on the Business Law Prof Blog, Tulane Law professor Ann M. Lipton opined:
Do Corporate Boards Necessarily Breach Their Fiduciary Duties When They Approve Illegal Conduct?
Posted on September 19, 2023
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...
Despite Decriminalization Of Adult Recreational Use Of Marijuana, Court Finds Its Use Is Not Lawful
Posted on August 12, 2022
Nevada's voters decriminalized adult recreational use of marijuana by voter initiative. See Secretary of State, Statewide Ballot Initiative Question No. 2, 14 (Nov. 8, 2016, effective Jan. 1, 2017). Marijuana nonetheless remains illegal under...
Cannabizfile Comes To California
Posted on December 13, 2017
California Secretary of State Alex Padilla wants to help entrepreneurs in California by launching a new online business portal. According to Secretary of State's press release, the new portal, coined "Cannabizfile", provides useful information about...
