The Trump administration is moving to effectively eliminate a crucial protection in the half-century-old federal Endangered Species Act by redefining a single word: harm. A proposed rule, issued this Wednesday from the U.S. Fish…
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/ Administrative Law, Elections & Politics, Energy & Utilities, Environmental Law, Zoning, Planning & Land Use
Fighting about rooftop solar in California never seems to get old. Kicking off the latest conflict is legislation that would reduce the benefits that longtime solar customers receive for extra electricity they produce and export…
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/ Administrative Law, Energy & Utilities, Environmental Law
Globe Photos, Inc. owned a portfolio of millions of images of celebrities and musicians, including Marilyn Monroe, the Beatles, and Jimi Hendrix, some taken by famous photographers such as Frank Worth. Despite these assets,…
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/ Bankruptcy, Business Organizations, Business Torts
Last year, I reported that the stockholders of Fidelity National Financial, Inc. had failed to approve a proposal to convert the corporation from a Delaware to a Nevada corporation. The company has not given up on the…
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/ Business Organizations, Securities Law
“The 'flight to quality' continues. Office building landlords with space available in upscale buildings (with state-of-the-art amenities) located in hot submarkets are very active right now. Most companies have realized…
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/ Real Estate - Commercial
Last week, the United States General Services Administration, Department of Education, and Department of Health and Human Services sent a letter to Alan M. Garber, the President of Harvard University, and Penny Pritzker, Lead…
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/ Civil Rights, Securities Law, Taxation
In my experience, many securities lawyers are well versed in the federal securities laws, but have little experience with state securities laws. This is understandable because federal law in many cases preempts state…
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/ Securities Law
President Trump issued an executive order this Tuesday taking aim at state and local climate change laws and policies, including California’s landmark market program for reducing greenhouse gases. The order directs U.S. Attorney…
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/ Agriculture, Energy & Utilities, Environmental Law
Only a few publicly traded corporations are incorporated in California. Most either started life in Delaware or later decamped to that state (and more recently other states). Nonetheless, many of these corporations have their…
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/ Business Organizations, Conflict of Laws, Securities Law
At a March 25 hearing before the House Energy and Commerce Subcommittee on Energy, seven major U.S. grid operators, including the California Independent System Operator, testified that the nation’s power system is under mounting…
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/ Energy & Utilities
On March 14, 2025, the California Court of Appeal for the First District issued the first published opinion interpreting Assembly Bill 52 (AB 52), the law governing tribal consultation procedures under the California…
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/ Environmental Law, Indigenous Peoples, Zoning, Planning & Land Use
In recognition of the beginning of Passover at sunset tomorrow, today's post reprises this post from 2015..…
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/ Business Organizations, Commercial Law & Contracts, International Law & Trade
San Francisco Mayor Daniel Lurie has released a rezoning plan to allow taller buildings along transit routes from the Marina to the Sunset and Richmond districts, changes he said would accommodate 36,000 new housing units while…
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/ Real Estate - Residential, Transportation, Zoning, Planning & Land Use
In speaking with a reporter earlier this year, I observed that this proxy season will tell whether DExit has legs. While not exactly, a flood, several well-known and lesser-known corporations have recently filed proxy…
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/ Business Organizations, Securities Law
Delaware had barely birthed changes to Section 144 of its General Corporation Law when the Plumbers & Fitters Local 295 Pension Fund filed a complaint challenging those changes. The plaintiff seeks a declaration that the…
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/ Business Organizations, Commercial Law & Contracts, Constitutional Law