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'Public Benefit' Corporate Model Is Making Inroads
May 17, 2021
Mintz Member and Chair of the firm’s Energy & Sustainability Practice Tom Burton was quoted in an article published by Law360 on the increasing number of businesses going public as “public benefit corporations,” which is a legal designation that signals a company's commitment to goals beyond maximizing profits. Mr. Burton said that “we’re in the early days of a real and substantial trend,” and called it a “critical and fundamental change" away from the idea of shareholder primacy.
The Rise of Shareholder Activism and Litigation Related to Environmental, Social, and Governance Investing
April 14, 2021
Mintz Member and Co-chair of the firm’s Financial Services Practice Pete S. Michaels and Associate Alyssa C. Scruggs co-authored an article published by the American Bar Association’s Litigation Section examining the popularity of environmental, social, and governance (ESG) investing and an increase in the number of activist shareholder ESG litigations, which, using creative and novel legal theories, are starting to gain traction in the courts.
Ask The Experts: The Incoming Wave of New Directors Deserve Robust Onboarding Programs
April 1, 2021
In the Spring 2021 issue of C-Suite Magazine, an Equilar publication, Mintz Member Scott M. Stanton contributed an “Ask the Experts” column that provided commentary on the need to reinvigorate or refresh onboarding programs as companies across industry groups will address increasing pressure from multiple sources to bring new directors onto their boards in the next few years.
Arguments on California’s Corporate Board Gender Mandate
March 19, 2021
Mintz Member Jennifer B. Rubin authored a perspective column for the Daily Journal examining recent oral arguments before the U.S. Court of Appeals for the Ninth Circuit in Meland v. Padilla, one of two cases challenging Senate Bill 826, California’s groundbreaking gender parity law for public company boards.
Regulating Big Tech Will Be Hard, and California Is Proving It
January 4, 2021
Mintz Member Jennifer B. Rubin was quoted in an article published by MarketWatch on expansive efforts to regulate big technology companies in California, specifically regarding the state’s new mandate on corporate board diversity.
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