Usury Exemption Bites Back

Last week, I wrote about the oft overlooked California Finance Lenders (CFL) law.  In general, that law provides that anyone engaged in the business of making consumer or commercial loans must obtain a license from the Department of Corporations (unless an exemption is available). CFL licensees do enjoy one benefit.  They constitute a class of “exempt persons”

Raising Capital Without Violating CA Securities Laws

On October 21, 2010, I will be speaking to the Business Law Section of the Bar Association of San Francisco on how to raise capital without violating California’s securities laws.  I plan to discuss the following topics, among others: Common (and not so common) exemptions Using (and abusing) the internet Finders and broker-dealer issues Investor