News & Analysis as of

State Legislatures Corporate Governance California

McDermott Will & Schulte

SB 351 Proposes To Strengthen California CPOM and CPOD Doctrines

On February 12, 2025, Senator Christopher Cabaldon introduced California Senate Bill (SB) 351, which would codify and strengthen California’s existing corporate practice of medicine (CPOM) and corporate practice of dentistry...more

Skadden, Arps, Slate, Meagher & Flom LLP

State of Play: California Amends Climate Disclosure Rules

California continues to be at the forefront of climate-related disclosure regulations. On September 27, 2024, California Gov. Gavin Newsom signed into law Senate Bill 219, Greenhouse Gases: Climate Corporate Accountability:...more

Allen Matkins

California May Soon Define "Corporation" To Include That Are Not Corporations

Allen Matkins on

The California Corporations Code is a misnomer.  While the Corporations Code does in fact govern corporations, it also governs a wide variety of unincorporated entities, including general partnerships, limited partnerships,...more

Allen Matkins

As Foretold, California's New Forced Speech Laws Are Being Challenged

Allen Matkins on

Last year, I commented on the likely unconstitutionality of two California laws compelling forced speech...more

Allen Matkins

“Get Foreign Money Out of California Elections Act” Is Set To Advance

Allen Matkins on

On December 16, 2022, California Assembly Member Alex Lee introduced AB 83 which would enact the "Get Foreign Money Out of California Elections Act.  Six months later he requested that the bill be moved to the inactive file. ...more

Fenwick & West LLP

California’s Proposed Bills Require Companies to Report on Climate Emissions and Risks

Fenwick & West LLP on

While all eyes are on proposed federal and European climate disclosure rules, the California legislature passed two climate-related bills that overlap somewhat with the Securities and Exchange Commission (SEC)’s proposed...more

Allen Matkins

A Little Big Change For Articles Of Organization Of California LLCs

Allen Matkins on

In 2022, the California legislature amended several provisions of the California Revised Uniform Limited Liability Company Act, including Section 17702.01 which lists what must be included in the articles of organization of a...more

Allen Matkins

Ten Rules For Group Decision Making By The Man Who Wrote The Book

Allen Matkins on

Born at the end of the 19th century, Paul Mason worked for the California legislature and Governor Goodwin Knight.  In 1935, he published Mason's Manual of Legislative Procedure, which is commonly known as Mason's...more

Allen Matkins

Legislator Proposes Ban On Foreign-Influenced Business Entity Contributions

Allen Matkins on

The California legislature is currently in recess and is scheduled to reconvene on January 4.  However, some bills have already been introduced, including AB 83 (Lee & Kalra), which would enact the "Get Foreign Money Out of...more

Sheppard Mullin Richter & Hampton LLP

Los Angeles Superior Court Invalidates California Law Requiring Gender Diversity on Company Boards

In Crest v. Padilla, No. 19STCV27561, 2022 WL 1565613 (Cal. Super. May 13, 2022), the Superior Court of California for the County of Los Angeles (Duffy-Lewis, J.) issued a decision following a bench trial finding that Senate...more

Pillsbury Winthrop Shaw Pittman LLP

California Senate Passes the Climate Corporate Accountability Act

Continuing its leadership in the battle against climate change, California takes a big step forward by requiring transparency concerning the carbon footprints of the nation’s largest corporations doing business in the state. ...more

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