LETTER FROM THE EDITOR

Written by Daniel A. Lev Editor

As we move towards the end of 2023 and prepare for our annual review submissions, this issue of the Business Law News (BLN) includes a variety of articles of interest to our readers:

• Rick Randel illustrates the mechanics involved in "ditching" paper stock certificates and how to issue uncertificated shares.
• Kenneth W. Minesinger, Richard Ardito, and Riste Simnjanovski’s article addresses H.R. 5376, 117th Cong. (2022), more commonly known as the Inflation Reduction Act, which was signed into law by President Biden on August 16, 2022, and includes many business and individual tax provisions. This article focuses on certain tax provisions affecting businesses, including a number of the new taxes, credits, and deductions contained in the IRA.
• June Monroe’s article examines the recent decision from the Ninth Circuit in Morales-Garcia v. Better Produce, Inc., which affirmed a ruling in favor of two strawberry marketers holding that the marketers were not "client employers" liable for laborers’ unpaid wages despite the fact that the farmworkers were working on the marketers’ farmlands, which were subleased to the growers.
• Reno Fernandez highlights the 2022 amendments to the UCC addressing emerging technologies like artificial intelligence, distributed ledger technology (also known as "blockchain"), and virtual currency (also known as "cryptocurrency"), that has been adopted by numerous states.
• Neil J. Wertlieb’s article is of crucial importance to California lawyers since it discusses the California Supreme Court’s recently approval of new rule 8.3 (Reporting Professional Misconduct), sometimes referred to as the "snitch rule" which became effective on August 1, 2023.

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