It's A Brand New Biennium!

The California legislature reconvened on Monday. Cal. Const. Art. IV, § 3(a). Over 100 bills have already been introduced in the Assembly. The Senate is far behind with just 51 bills introduced thus far. The first day business in both houses...

California Bill Amended To Impose $100K Penalty For Failure To Report Timely Board Gender To Secretary Of State

I have written several posts about a bill, SB 826, now pending in the California legislature that would impose fines on publicly held corporations that fail to meet prescribed gender quotas.  See California Bill Would Mandate Gender Quotas For...

Today The Suspense Will Be Over (Mostly)

Followers of California legislation will note that many bills are now in either the "suspense file" of the Appropriations Committees of the Senate and the Assembly. These two committees have jurisdiction over fiscal bills. A bill with a significant...

The End Of The 2017-2018 Session Is Nigh!

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...

California Bill Would Mandate Gender Quotas For Publicly Traded Companies

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....

The Form 8-Ks That The SEC May Have Overlooked

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...

Las Vegas' Airport And The Lawyer Who Went "All In" For His Client

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...

California Bill May Spur Rewriting Gender Boilerplate

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,...

California Bill Deadline Is Today

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...

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