Courtesy of CEB, we are bringing you selected legal developments in areas of California business law that are covered by CEB’s publications. This month’s feature is from the January 2024 update to Organizing Corporations in California. References are to the book’s section numbers. The most significant legal developments affecting corporate formation practice in California since the last update include developments in such important topic areas as board diversity requirements, director inspection rights, the Corporate Transparency Act, crowdfunding, jurisdiction, and more. … Read more
The BLS is comprised of 15 Standing Committees, including the BLN Editorial Board, whose members review and propose legislation, draft and edit eBulletins, BLN articles, and practice guides, and speak at live and webinar programs. Membership on a Standing Committee affords unique opportunities to participate in the creation of law in your practice area, to get to know and be known by other practitioners, to work with the recognized leaders in your field and to stay on the cutting edge… Read more
September 2024 Cathryn S. GawneBLS Chair Dear Business Law Section Members and Friends, While most of California is currently enjoying a glorious summer, the BLS, our fellow Sections and the CLA are focusing on next year. It’s not that we’re skipping over the second half of 2024 (that would mean missing the college football season!), but rather that we’re getting ready for a new CLA term that begins immediately after the conclusion of the CLA Annual Meeting on September 8,… Read more
Courtesy of CEB, we are bringing you selected legal developments in areas of California business law that are covered by CEB’s publications. This month’s feature is from the January 2024 update to Organizing Corporations in California. References are to the book’s section numbers. The most significant legal developments affecting corporate formation practice in California since the last update include developments in such important topic areas as board diversity requirements, director inspection rights, the Corporate Transparency Act, crowdfunding, jurisdiction, and more. Read more
After a winter filled with snow, hail, and rain, it’s a pleasure to welcome spring! Spring is a busy time for the Business Law Section and a great time to check out what the BLS offers to enhance your practice and expand your community. Read more
Courtesy of CEB, we are bringing you selected legal developments in areas of California business law that are covered by CEB’s publications. This month’s feature is from the July 2023 update to Internet Law and Practice in California. References are to the book’s section numbers. The most significant legal developments since the last update include developments in such important topic areas as copyright, patent, disability accommodation, electronic contracting, privacy, cybersecurity, and First Amendment issues. Read more
As the summer marches on, as we conclude another productive month of July at the Business Law Section! It is an exciting time, and one of significant transition for our beloved section. Read more
Exchange Act Rule 10b5–1(c) (17 CFR §240.10b5–1(c)) creates an affirmative defense from insider trading liability for purchases and sales in accordance with preplanned trading plans complying with Rule 10b5–1(c). The rule provides a defense for corporate insiders and companies to buy and sell company stock as long as the trading plan was adopted in good faith, before the company or the insiders became aware of any material nonpublic information. The rule was amended in 2023 to update the conditions that must be met for the affirmative defense to apply. See §3.24A. Read more