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Results: 1-10 of 2,886

Governor vetoes California legislation allowing directors to consider factors in addition to the interests of shareholders

  • Sheppard Mullin Richter & Hampton LLP
  • -
  • USA
  • -
  • October 1 2008

Governor Schwarzenegger today vetoed AB2944

Actions taken in violation of the automatic stay are void... sometimes

  • Sheppard Mullin Richter & Hampton LLP
  • -
  • USA
  • -
  • October 2 2008

In Burkhart v. Coleman, (In re Tippett) --- F.3d ---, 2008 WL 4070690 (9th Cir. Sept. 4, 2008), the Ninth Circuit held that an unauthorized post-petition sale of real property may be upheld where: 1) the bankruptcy trustee failed to record the bankruptcy petition with the county recorder; and 2) a bona fide purchaser thereafter bought and recorded title in the property

Bank's claim for unjust enrichment governed by three-year statute of limitations

  • Sheppard Mullin Richter & Hampton LLP
  • -
  • USA
  • -
  • October 7 2008

Is a bank's claim against its borrower for unjust enrichment arising out of the borrower's nonpayment of a promissory note governed by the four-year statue of limitations for breach of written contract?

Impact of the Emergency Economic Stabilization Act of 2008 on executive compensation issues

  • Sheppard Mullin Richter & Hampton LLP
  • -
  • USA
  • -
  • October 21 2008

The Emergency Economic Stabilization Act of 2008 ("EESA"), which President Bush signed into law on October 3, 2008, created the Troubled Asset Relief Program ("TARP") under which the United States Treasury (the "Treasury") is generally authorized to purchase troubled assets from certain financial institutions

Appearance of an OCI standing alone is insufficient to disqualify offeror

  • Sheppard Mullin Richter & Hampton LLP
  • -
  • USA
  • -
  • October 6 2008

In AT&T Government Solutions, Inc., B-400216, Aug. 28, 2008, the GAO sustained a protest on the grounds that the Navy improperly excluded the protestor from the competitive range based upon an appearance of an organizational conflict of interest (OCI

SB 375: California adopts new law geared to reduce greenhouse gas emissions by integrating regional transportation and land use planning

  • Sheppard Mullin Richter & Hampton LLP
  • -
  • USA
  • -
  • October 17 2008

On September 30, 2008, the rules governing regional planning changed dramatically when Governor Schwarzenegger signed Senate Bill No. 375 ("SB 375") into law

FDIC changes deposit insurance rules for mortgage loan securitizations

  • Sheppard Mullin Richter & Hampton LLP
  • -
  • USA
  • -
  • October 13 2008

The Emergency Economic Stabilization Act of 2008 (the "Act") temporarily increased the standard maximum deposit insurance amount from $100,000 to $250,000, effective October 3, 2008, and ending December 31, 2009

City of Rancho Palos Verdes liable for taking during moratorium

  • Sheppard Mullin Richter & Hampton LLP
  • -
  • USA
  • -
  • October 23 2008

In Monks, the California Court of Appeal found the City of Ranch Palos Verdes (City) had exacted a permanent taking on a group of land owners seeking to build homes on 16 lots in the Palos Verdes coastal peninsula area by establishing insurmountable conditions for development without a valid justification

Challenge to a moratorium resolution announcing plans for zoning amendments dismissed as not ripe to litigate

  • Sheppard Mullin Richter & Hampton LLP
  • -
  • USA
  • -
  • October 23 2008

The California Court of Appeal found developer Stonehouse Homes’ (Stonehouse) challenge to an April 2006 moratorium resolution adopted by the City of Sierra Madre (City) did not present a justiciable controversy

Final No-Match Letter Rule announced

  • Sheppard Mullin Richter & Hampton LLP
  • -
  • USA
  • -
  • October 29 2008

On October 23, 2008, DHS announced the issuance of the Final Supplemental Rule in furtherance of the No-Match Safe Harbor Regulations published in August of 2007