On December 21, 2018, the Court of Appeal of California, Sixth Appellate District, affirmed in Drulias v. 1st Century Bancshares, Inc., 2018 Cal. App. LEXIS 1202, a trial court ruling that a forum-selection bylaw adopted by a Delaware corporation headquartered in California without stockholder approval was enforceable in California. Read more
The Corporations Committee of the Business Law Section has published its report, Legal Opinions in Business Transactions (Excluding the Remedies Opinion). Over two years in the making, the Report updates and expands the Committee's 1989 Report on Legal Opinions In Business Transactions. Read more