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Securities

Apr. 1, 2006

Law Is in Flux Over Internal Governance of Foreign Firms

Focus Column - By David Garcia and Erica Alterwitz - Very recently, two decisions from the 4th District Court of Appeal have used a legal principle called the "internal affairs doctrine" to reach substantially different conclusions about the appropriate impact of California law on the governance of companies headquartered in California but incorporated elsewhere, specifically in Delaware.

Focus Column

By David Garcia and Erica Alterwitz
        
        Very recently, two decisions from the 4th District Court of Appeal have used a legal principle called the "internal affairs doctrine" to reach substantially different conclusions about the appropriate impact of California law on the governance of companies headquartered in California but in...

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