Business Law eNews

On July 20, 2020, the State Bar published its First Annual Report on the Diversity of California’s Legal Profession. Read more

Former BLS Chair Uzzi Raanan has been elected by the California Lawyers Association Board as the CLA Secretary for 2020-21. He also serves as the BLS Representative to the CLA Board. Read more

On Friday, June 19, 2020, the Executive Committee of the Business Law Section approved the formation of a working group to consider whether—and if so, how— California business lawyers should or could support stakeholder capitalism and the investment trend known as ESG (Environment, Social, Governance), a standard used by a number of investors to screen investments based on those factors. Read more

The California Lawyers Association (CLA) Business Law Section (BLS) is looking forward to participating in the CLA Annual Meeting, which will be virtual this year, between September 24-26, 2020. The Annual Meeting includes MCLE courses and opportunities to network over coffee with other attorneys practicing in business law and other fields. 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 March 2020 update to Understanding Fiduciary Duties in Business Entities. References are to the book’s section numbers. See CEB’s BLS Landing Page for special discounts for Business Law Section members. The most significant legal developments since the last update include developments in such important topic areas as fiduciary duties in for-profit corporations; fiduciary duties in family businesses; duties of investment advisers and broker-dealers; breach of fiduciary duty litigation; and D & O insurance. Read more

The Consumer Financial Services Committee (CFSC) regularly presents educational programming of interest to California consumer financial services attorneys at its monthly meetings. CFSC members historically participate in joint legislative days at the California Legislature with the committee’s members have an opportunity to meet and discuss financial and lending issues with the Legislature’s staff ... Read more

July 16, 2020 at 10:00 a.m.: Nonprofit Organizations Committee Presents “Can Charities Accept Cash or In-Kind Donations From Cannabis-Related Businesses?” Read more

The Business Litigation Committee focuses on issues facing litigators with broad commercial practices, including substantive areas such as trade secret law, and procedural matters such as discovery, e-discovery, privilege, ADR and international litigation. The committee publishes eBulletins addressing hot topic themes relevant to commercial and business litigation with articles drafted by committee members and guest authors. Read more

The Franchise Law Committee has released an analysis of new issues and guidance concerning disclosures of historical financial performance representations (FPRs) in light of the Covid-19 pandemic. The concepts may have relevance to all business transactions with representations about past performance. Read more

George Floyd’s death has created ripple effects throughout the country. His death, and the nationwide protests asking for justice and for us to live up to our ideals, have started a long conversation that must be had on the serious issues of ensuring that equal protection under the law and the rule of law truly exist for all Americans. Read more