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California Corporate Conversion Statute Expanded

On September 2, 2022, California Governor Gavin Newsom signed SB 49 into law, amending California Corporations Code §1151 (Cal. Corp. Code §1151) to allow domestic corporations to convert into foreign entity types as of...more

SEC Expands Accredited Investor Definition

On August 26, 2020, the U.S. Securities and Exchange Commission (SEC) adopted changes to expand its longstanding definition of “accredited investor.” The changes are the culmination of efforts by the SEC that began with its...more

Legitimate Survival Tactic or Exploitative Business Behavior

From personal protective equipment (PPE) and ventilators to simple consumer goods like toilet paper, hand sanitizer, and cleaning products, shortages caused by COVID-19 have driven up prices for these items and many more. ...more

Additional Challenges for Borrowers Under the Paycheck Protection Program

On March 27, 2020, the United States House of Representatives passed the Coronavirus Aid, Recovery and Economic Security Act ("CARES Act"). The CARES Act included the Paycheck Protection Program ("PPP"), overseen by the U.S....more

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