California Corporate & Securities Law

The California legislature meets annually but but the legislative session is biennial.  Nevada's legislature in contrast meets every other year.  See Happy New Biennium! The second year of California's current session comes to a close at the end of...

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 directors....

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...

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...

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...

Recently, my eye caught the following statement in the SEC's Intrastate Offering Exemptions: A Small Entity Compliance Guide for Issuers:

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...

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.