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Give the Corporate Director a Serpent Deflector: Reinforcing an Absolute Right to Inspection under the California Corporations Code
By: Ethan J. Birnberg, Esq., Porter Simon, P.C., Truckee, California[Article originally published in the Vol. 45, No. 3 of The Writ (Washoe County Bar Association)]
California is no stranger to litigation between corporations and their board of directors. Directors are provided the tools and ability to meaningfully participate in management, and an absolute right to certain information under Section 1602 of the California Corporations Code:
Every director shall have the absolute right at any reasonable time […]
I seldom reprint online articles in the Law Review but found this funny enough, at least if you are old like me, to re publish, so with apologies, here goes.
“To get back to my youth I would do anything in the world, except exercise, get up early, or be respectable.” Oscar Wilde
“The older we get, the fewer things seem worth waiting in line for.” Will Rogers
“We must recognize that, as we grow older, we become like old cars […]
Spring has sprung. Maybe. Cautiously optimistic here. Fingers crossed that a surprise spring storm does not bring feet of Sierra Cement to the region. Good for the water situation, no doubt. But for the school children, the lower backs, and the roofs…oh the roofs, please, no more.
The rooftop snow shoveler may disagree though. So long as that shoveler is being paid, that is. Small fortunes were to be had if one was willing to literally risk life and limb to climb on snow and ice covered, avalanche ready roofs. But […]
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