California Corporate & Securities Law

Last week, Governor Gavin Newsom signed AB 2426 into law.  The bill declares it unlawful for "a seller of a digital good to advertise or offer for sale a digital good to a purchaser with the terms 'buy,' 'purchase,' or any other term which a...

"I see nothing! I hear nothing! I know nothing!"

California's Bulk Sales Law dates to 1990 when the legislature adopted a new Division 6 to the Commercial Code. Cal. Stats. 1990, ch. 1191. The current law is a farrago of prior law and the then uniform act recommended by the National Conference of...

California Civil Code Section 1550 provides that only four elements are "essential" to the existence of a contract:

When you indorse a check or stock certificate, you typically sign it on the back.  That makes etymological sense because "indorse" is derived from the Latin preposition in, meaning on, and dorsum, meaning back. 

Securities lawyers typically concern themselves with the federal securities laws (principally, the Securities Act of 1933, the Securities Exchange Act of 1934, and the two '40 Acts) and state "blue sky" laws (e.g., the California, the Corporate...

Nissan Is Both A Car Maker And A Month

Unlike the Securities Act of 1933, California's Corporate Securities Law of 1968 includes interests in limited liability companies in the list of securities: