Search for: "State of California Board of Equalization"
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8 Apr 2022, 12:27 pm
Senate Bill 826 (SB 826), the 2018 California board gender diversity statute, requires that all publicly traded corporations and headquartered in the state of California have a “representative number” of women as members of their board of directors. [read post]
8 Apr 2022, 5:50 am
Strine, Jr., Wachtell, Lipton, Rosen & Katz, on Thursday, April 7, 2022 Tags: Board composition, California, Diversity, ESG, Listing standards, Management, NASDAQ, Private ordering, Stakeholders, State law The Limits of SPAC Sponsor Earnouts Posted by Michael Klausner (Stanford University) and Michael Ohlrogge (NYU), on Thursday, April 7, 2022 Tags: Agency costs, Earnouts, Executive… [read post]
8 Apr 2022, 5:50 am
Strine, Jr., Wachtell, Lipton, Rosen & Katz, on Thursday, April 7, 2022 Tags: Board composition, California, Diversity, ESG, Listing standards, Management, NASDAQ, Private ordering, Stakeholders, State law The Limits of SPAC Sponsor Earnouts Posted by Michael Klausner (Stanford University) and Michael Ohlrogge (NYU), on Thursday, April 7, 2022 Tags: Agency costs, Earnouts, Executive… [read post]
7 Apr 2022, 9:04 pm
” A California court ruled that the state’s board diversity law is unconstitutional. [read post]
7 Apr 2022, 6:09 am
Last Friday, the 2020 California board diversity statute requiring publicly held domestic or foreign corporations whose principal executive office is located in California to have a minimum of “one director from an underrepresented community” on its board by December 31, 2021 was struck down by a Los Angeles County Superior Court judge as violating the Equal Protection Clause of the California Constitution. [read post]
7 Apr 2022, 6:09 am
Last Friday, the 2020 California board diversity statute requiring publicly held domestic or foreign corporations whose principal executive office is located in California to have a minimum of “one director from an underrepresented community” on its board by December 31, 2021 was struck down by a Los Angeles County Superior Court judge as violating the Equal Protection Clause of the California Constitution. [read post]
5 Apr 2022, 9:01 pm
It is based on the firm’s memorandum, “California State Court Declares AB 979 Unconstitutional — California Board Diversity Law Invalidated, but Focus on Board Diversity Remains,” dated April 5, 2022, and available here. [read post]
5 Apr 2022, 2:04 pm
” This California legislative measure was the subject to a legal challenge seeking to prevent the California secretary of state from expending taxpayer funds to enforce the measure, which, the taxpayer plaintiffs claimed, violated the equal protection clause in the California state constitution. [read post]
5 Apr 2022, 10:47 am
Still in litigation is California’s SB 826 — the bill passed in 2018 requiring any publicly held corporation with principal executive offices in California to place at least one female director on its board by December 31, 2019, and two or three female directors on its board by December 31, 2021, depending on the size of the board. [read post]
5 Apr 2022, 9:35 am
A California court has struck down California’s board diversity statute, AB 979 as violating the Equal Protection Clause. [read post]
5 Apr 2022, 9:19 am
The Complaint contended that these actions violated the Sherman Antitrust Act; the Dormant Commerce Clause; the Equal Protection Clause; the Due Process Clause; and California’s Unfair Competition Law. [read post]
5 Apr 2022, 9:03 am
In brief, Judge Green found that AB 979 facially violates the Equal Protection Clause of the California Constitution, Cal. [read post]
5 Apr 2022, 4:15 am
But the California constitution protects the right of individuals to equal treatment. [read post]
1 Apr 2022, 4:00 am
Trump NLRB Member’s Conflicts Broke Law, Inspector General Alleges Bloomberg Law – Ian Kullgren | Published: 3/28/2022 Former National Labor Relations Board (NLRB) member William Emanuel allegedly broke federal ethics law by failing to monitor investments that created disqualifying conflicts-of-interest in five cases, according to board documents. [read post]
1 Apr 2022, 12:15 am
Defenders of California's female quota law (SB 826) and AB 979 argue that corporations with diverse boards enjoy better performance. [read post]
28 Mar 2022, 3:07 pm
California’s governor is promoting an ambitious plan of 500,000 electric vehicles on the state’s road in five years. [read post]
25 Mar 2022, 4:00 am
California – SJ City Council Passes Draft Proposal to Bar Political Donations by Foreign-Owned Corps California Globe – Evan Symon | Published: 3/23/2022 The city council approved a piece of draft legislation to prohibit foreign-influenced corporations from making political contributions to any city elections in San Jose. [read post]
18 Mar 2022, 12:30 pm
If you've ever been to California, you've undoubtedly seen a zillion signs—a product of California's Proposition 65—warning you about the presence of chemicals "known to the state" to cause cancer. [read post]
18 Mar 2022, 4:00 am
Already several ex-Trump lawyers have found themselves subject to state bar reviews. [read post]
16 Mar 2022, 9:01 pm
Yet equal representation in the Senate means much less if seats can easily remain vacant for a long time. [read post]