I am a former California Commissioner of Corporations, retired corporate and securities lawyer, legal writer and commentator, and law school instructor.
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calcorporatelaw.substack.comLatest Issues
Is Nevada’s Name Misleading?
In 1864, Congress passed an “Act of Congress (1864) enabling the People of Nevada to form a Constitution and State Government”.1 Because the act specifically authorized “the inhabitants of that portion of the territory of Nevada included in...
Court Of Appeal Holds That An LLC’s Internal Affairs Do Not Include These
California’s Revised Uniform Limited Liability Company Act provides that each member, manager, and transferee has the right to inspect and copy during normal business hours the books and records of the limited liability company “as they rel...
The Legislature Has Killed The Victims Of Corporate Fraud Fund, Or Has It?
“A Congressional appropriation costs money.” Mark Twain, The Gilded Age
In the waning days of the 2001-2002 California legislative session, then Assemblymember Kevin Shelley gutted and amended AB 55. As introduced, AB 55 would have amended...
The Day Gaza Vomited Evil
Three years ago on this date, thousands Hamas terrorists spewed forth from Gaza to commit a heinous and profoundly evil attacks on Israelis and citizens of numerous other countries. The Civil Commission on October 7th Crimes describes the h...
ISS’ Summary Of California Climate Corporate Data Accountability Act (SB 253) Listening Session Omits Key Fact
“Conscripting private speakers to one side of a divisive issue, on pain of civil penalties, is anathema to the First Amendment.” Chamber of Commerce of the USA
Yesterday, Subodh Mishra, the Global Head of Communications at ISS STOXX, poste...
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I am a former California Commissioner of Corporations and retired corporate and securities lawyer with more than 40 years experience. I am a co-author of Marsh’s California Corporation Law (5th ed.).
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