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California Legislature Reconsiders Bills Scrutinizing Healthcare Investors

Recently, the California Legislature introduced two bills that may impact private equity healthcare investments in the state, including formalizing corporate practice restrictions and requiring advance notice for certain...more

California Legislative Update: Budget, Fires, Los Angeles

California’s Budget Proposal - On Jan. 10, 2024, Gov. Gavin Newsom released his 2025-2026 budget proposal. The budget proposes a total spending of $322.2 billion in state funds – it consists of approximately $228.9...more

Local, State, And Federal Election Implications In California

In California, the sequel to a new Trump presidency will have significant implications on how its leaders – from Gov. Gavin Newsom to the legislature to the locals – will govern its constituents. Since last week’s election,...more

California Governor Vetoes Legislation Involving Healthcare Investments

On Sept. 28, 2024, Gov. Gavin Newsom vetoed California Assembly Bill 3129 (A.B. 3129), which would have required private equity funds and hedge funds to obtain consent before entering into certain healthcare transactions. The...more

California Climate Accountability Package Poised to Disrupt

During the week of September 11, 2023, the California Legislature passed a series of bills known collectively as the “California Climate Accountability Package” (“CCAP”). The CCAP is comprised of three bills: S.B. 252...more

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