Governor Newsom Nixes Digital Financial Assets Licensing Bill

Last week, Governor Gavin Newsom vetoed  AB 2269 (Grayson) which would have created a "Digital Financial Assets Law" to be administered by the Department of Financial Protection & Innovation.  The Governor in his veto message asserted that it would...

Could California Bill Result In Discipline Of C.D.C. Doctors?

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...

California Greenhouse Gas Emissions Bill Moves Forward

As the current California legislative biennium enters its closing weeks, SB 260 (Wiener & Stern) is moving forward despite strong opposition from business groups.  As has been previously noted in this space, the bill would require any U.S.-based...

The End Of The Biennium Is Near!

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:

Judge Weighs Challenge To California Board Quota Law

On Monday,  Los Angeles Superior Court Judge Terry Green heard arguments on opposing motions for summary judgment in a case challenging the constitutionality of AB 979.  Crest v. Padilla, L.A. Super. Ct. Case No. 20STCV37513.  Enacted in 2020, AB...

California Bill Aims To End The Asymmetry Of Corporate Time

“It’s a mercy that time runs in one direction only, that we see the past but darkly and the future not at all.”1

Will SB 260 Result In Expensive, Inaccurate And Duplicative Disclosures?

Last month, I wrote about the potential impact of the enactment of SB 260 (Wiener & Stern) on small businesses.  See Will California's Proposed Corporate Climate Accountability Act Harrow Small Businesses?  The Senate passed the bill on a 23 to 7...

New Laws For A New Year

California's Department of Financial Protection & Innovation has complied this summary of new laws that affect or may otherwise be of interest to persons licensed by the department.  In general, these laws will take effect on January 1, 2022.  See ...

Can An Article Or Bylaw Forum Selection Provision Bind Persons Who Are Not Yet Stockholders?

Today, the Nevada Assembly Judiciary Committee is holding a hearing on SB No. 95, a bill that would make numerous changes to Nevada's business entity statutes.  One change would be to amend NRS 78.046 to authorize the articles of incorporation or...

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