On April 1, 2022, the Superior Court of California, County of Los Angeles granted the plaintiffs’ motion for summary judgment in a case challenging the legality of AB 979 under the California Constitution...more
4/5/2022
/ Board of Directors ,
Business Litigation ,
Constitutional Challenges ,
Corporate Counsel ,
Disclosure ,
Diversity and Inclusion Standards (D&I) ,
Governor Newsom ,
Institutional Shareholder Services (ISS) ,
LGBTQ ,
Motion for Summary Judgment ,
Municipalities ,
Publicly-Traded Companies ,
Regulatory Agenda ,
Rulemaking Process ,
Securities and Exchange Commission (SEC) ,
Shareholders ,
State and Local Government ,
State Constitutions
Institutional Shareholder Services (ISS) announced benchmark voting policy changes in the United States, increasing expectations for board racial and ethnic diversity, adding director accountability for environmental and...more
Our last in a series of articles on direct listings noted that we were expecting significant regulatory developments to give companies more flexibility to pursue alternatives to a traditional initial public offering. Those...more
9/1/2020
/ Capital Raising ,
Compliance ,
Coronavirus/COVID-19 ,
Direct Listing ,
Initial Public Offering (IPO) ,
Investors ,
Lock-Up Agreement ,
Nasdaq ,
Proposed Rules ,
Public Offerings ,
Securities and Exchange Commission (SEC) ,
Shareholders ,
Venture Capital
ISS Asks Companies for Similar Diversity Disclosures -
California lawmakers have proposed legislation mandating that public companies headquartered in the state appoint board members from underrepresented communities. AB...more