Securities Constitutional Law Government Contracting

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The United States government does not have the power to make its obligations a legal tender

The United States Supreme Court, in the case of Julliard v. Greenman (110 U.S. 421), held that: 1) Congress had the power to make its obligations a legal tender in the payment of private debts, and 2) that this power was...more

Legislative Session Now Ended (Almost)

Yesterday was the end of the current legislative biennium. Under the California Constitution and legislative rules, this means that any bill not passed before today is now dead. Cal. Cons. Art. IV, ยง 10(c), Legislative Joint...more

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