Earlier this month, California Senators Hannah-Beth Jackson and Toni G. Atkins introduced a bill, SB 826, that would require a publicly held corporation with its principal places of business in California to have a minimum number of women...
As reported by Cydney Posner, Broc Romanek and undoubtedly many others, Corporation Finance staff issued a new Compliance and Disclosure Interpretation addressing whether a re-measurement of a deferred tax asset to incorporate the effects of newly...
Form 8-K, Item 2.02, Legislation, Broc Romanek, Cydney Posner, Item 2.04, tax cuts and jobs act
Passengers flying to Las Vegas arrive at the McCarran International Airport. Having spent my youth in Las Vegas, I have many memories of going to the airport to greet arriving family or to fly East for school. Then, there was no passenger security...
Legislation, Legal History, Pat McCarran, Las Vegas, McCarran Airport, Tick Segerblom
On the penultimate day of the current session, the California legislature passed SB 179 (Atkins & Wiener). If signed into law by Governor Brown, this bill would enact the California Gender Recognition Act. In general, SB 179 would create a third,...
Former New York Surrogate Gideon J. Tucker would be happy today. Pursuant to Joint Rule 61(a)(15), today is the last day for California's legislature to pass bills. Today, also marks the beginning of the legislature's interim study recess (Joint...
Legislation, sign, California Constitution, effective, Joint Rule 51, Joint Rule 61, veto
Recently, my eye caught the following statement in the SEC's Intrastate Offering Exemptions: A Small Entity Compliance Guide for Issuers:
Issuers registered or required to be registered under the Investment Company Act of 1940 are not eligible to...
Legislation, Legal History, required to be registered, SEC Rel. No. 33-4434, Section 24d, 26 FR 11896, intrastate offering, Investment Company Act, Rule 147, Rule 147A, Section 3(a)(11)
Yesterday's post concerned the U.S. Supreme Court's holding in Matal v. Tam, 2017 U.S. LEXIS 3872 (June 19, 2017) that the "disparagement clause" of the Lanham Act violates the Free Speech Clause of the First Amendment. As far as most legal...
Legislation, First Amendment, free speech, persons, disparagement clause, Samuel Alito
Recently, I wrote about the stealth with which the California legislature enacted AB 102, which it ironically named the Taxpayer Transparency and Fairness Act of 2017. Having been birthed in opacity, AB 102 will operate with even less transparency.
Legislation, AB 102, taxpayer transparency and fairness act, voltaire
The talk of California tax practitioners over the last week has been all about the legislature's passage of AB 102. This may be surprising to those who read the bill when it was introduced on January 10 of this year, for the bill consisted of one...
Legislation, AB 102, Article IV, Board of Equalization, department of tax and fee administration, Section 12
I didn't take note of AB 1535 (Maienschein) when it was introduced earlier this year because I thought it was a "spot" bill. See "See Spot Run". As introduced, the bill simply added "which may include a reference to a separate shareholder...
Legislation, Section 109.5, section 158, Section 2000, AB 1535, articles of incorporation, buy-sell agreement, dissolution, Maienschein
Keith Paul Bishop
