Do Corporate Boards Necessarily Breach Their Fiduciary Duties When They Approve Illegal Conduct?

In a recent blog post on the Business Law Prof Blog, Tulane Law professor Ann M. Lipton opined:

Does California Charter Law Breakers?

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...

Cannabizfile Comes To California

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...