Monday, March 15, 2021
California s female and underrepresented communities quota requirements apply to publicly-held corporations . California s Corporate Disclosure Statement requirement applies to publicly-traded corporations . California s Secretary of State s website describes publicly held corporations as a subset of publicly traded corporations . This is not strictly accurate.
Moreover, not ever foreign corporation meeting the definition of a publicly held corporation is required to file a Corporate Disclosure Statement pursuant to California Corporations Code Section 2117.1. Why? A foreign publicly held corporation is required to file a Corporate Disclosure Statement only if it has registered to transact intrastate business pursuant to Section 2117. Some publicly-held corporations do not transact intrastate business in California. They may, for example, simply be holding companies. Under Section 191(b) a foreign corporation is not be co
Monday, March 15, 2021
The National Labor Relations Board (NLRB) has withdrawn the
rule it proposed in September 2019 to exclude student workers at private colleges and universities from coverage under the National Labor Relations Act (NLRA).
The proposed rule provided:
Students who perform any services, including, but not limited to, teaching or research assistance, at a private college or university in connection with their undergraduate or graduate studies are not employees within the meaning of Section 2(3) of the [National Labor Relations] Act.
In its
The Board has decided to withdraw this rulemaking proceeding based on its judgment respecting the most effective allocation of the Board’s limited resources at this time. In light of competing agency priorities, the Board has determined to focus its time and resources on the adjudication of cases currently in progress.
Under the revamped whistleblower provision, a whistleblower can receive up to 30% of a penalty obtained through a BSA enforcement action. A whistleblower would qualify if the whistleblower provided original information and the action culminated in sanctions above $1 mil.
Monday, March 15, 2021 And the sign said, Long-haired freaky people … need not apply. – Signs, Five Man Electrical Band, Good-byes and Butterflies (1970)
Arbitrary judgments are as old as humanity itself. Law evolved in part to try to spare us all from some of them and provide order and predictability in their place. That evolution, and occasional revolution, eventually gave rise to notions of due process, which in the United States presume that citizens know, or have an opportunity to know, what their laws require so that they may govern their conduct accordingly and avoid liability or, worse, prosecution, for having violated them.
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