California firms see high deals

Adam Badawi quoted by Daily Journal (registration required), Jan. 8, 2018

“For some companies, a proxy fight is cost prohibitive to run, but that might not be the case for a company like Broadcom,” Badawi said. “A credible threat of a proxy fight would put some pressure on the existing board to make a deal, especially if it looks like Broadcom is going to win.”

Jeff Sessions used to be a champion of states’ rights. Then California legalized weed

Erwin Chemerinsky writes for The Sacramento Bee, Jan. 8, 2018

Throughout American history, conservatives have championed “states’ rights.” Sessions himself has done so on countless occasions, such as when he rescinded the Obama policy interpreting federal law to protect transgender students. But when Sessions does not like what states are doing, such as legalizing possession of small amounts of marijuana, his commitment to federalism and states’ rights vanishes.

Trump proposed a massive expansion of offshore drilling—what can states do?

Holly Doremus and Jordan Diamond quoted by Ars Technica, Jan. 6, 2018

Doremus added that there’s another way states can make trouble for the federal government: by denying permits for onshore support equipment. “It’s tough to have an offshore oil production facility without some onshore support activities. … States control whether and where those can be built within state boundaries…”

Jordan Diamond … told Ars, “we are proposing opening up vastly increased offshore areas to oil production, many of which are in ecologically extremely sensitive areas, while we remove safety regulations and operate under an outdated restoration framework.”

Big-city murders drop to historic lows

Franklin Zimring quoted by The Wall Street Journal, Jan. 5, 2018

“Policing has got to stay effective to hold those gains because every day is a new day for committing crimes, but as to whether you can go lower [in New York] that’s a very different question,” said Franklin Zimring.

FEMA does about-face on disaster aid for churches

Erwin Chemerinsky quoted by Courthouse News, Jan. 3, 2018

According to Chemerinsky, clarification is in order. “I think it very important to separate what the government may do from what it is required to do [emphasis original]. I think Trinity Lutheran is about the latter and it is unclear how far that will extend,” he said.

Three questions that will make the Constitution matter even more in 2018

Erwin Chemerinsky writes for The Sacramento Bee, Jan. 2, 2018

The Constitution turns 231 years old in 2018 and yet my prediction is that it will be at the center of the most important stories to come out of Washington in the coming year, stories that will shape the future of our government for years and potentially even decades to come. Here are three to look for that could have enormous consequences.