News & Analysis as of

Diversity State and Local Government Diversity and Inclusion Standards (D&I)

Skadden, Arps, Slate, Meagher & Flom LLP

Hot Topics: AI and ESG

The US Government Is Using AI To Detect Potential Wrongdoing, and Companies Should Too With agencies such as the SEC and DOJ using AI and other data analytics tools extensively to detect wrongdoing, companies need to adopt...more

Mitratech Holdings, Inc

DEI Practices in the Growing Cannabis Industry

Over the last several years, the legalization of marijuana in the U.S. on a state-by-state basis has led to a booming cannabis industry that is projected to expand into more states in the near future....more

Perkins Coie

California Court Overturns Board Gender Diversity Statute

Perkins Coie on

A Los Angeles Superior Court judge struck down California’s board gender diversity statute on May 13, 2022. The court found that Senate Bill 826 violated the California Constitution’s Equal Protection Clause....more

Sheppard Mullin Richter & Hampton LLP

Los Angeles Superior Court Invalidates California Board Diversity Statute, Rendering It Ripe for Review by the California Court of...

In Crest v. Padilla, No. 20STCV37513 (Cal. Super. Apr. 1, 2022), the Superior Court of California for the County of Los Angeles (Green, J.) declared that Section 301.4 of the California Corporations Code is unconstitutional...more

Gray Reed

California’s Push For Diverse Corporate Boards

Gray Reed on

California Assembly Bill 929 (the “Diversity Bill”), which was passed by the California State Legislature on August 30, 2020, and signed into law by California Governor Gavin Newsom on September 30, 2020, requires domestic...more

Morgan Lewis

California Expands Diversity Requirements for Public Company Boards

Morgan Lewis on

California Governor Gavin Newsom on September 30 signed into law Assembly Bill No. 979, which requires publicly held companies headquartered in California to have a minimum number of directors from “underrepresented...more

Littler

New California Law Mandates Corporate Board Diversity

Littler on

In the midst of national conversations surrounding racial equity and social justice, Governor Gavin Newsom signed AB 979 into law on September 30, 2020. AB 979 is a first-of-its-kind legislation requiring that no later than...more

Littler

New Year, New Trend? New York to Require Corporate Reporting on Number of Women on the Board

Littler on

New York State recently enacted a new law (A 6330/S 4278) mandating a study of the proportion of female members on the boards of corporations authorized to do business in the state. To implement the study, the law requires...more

Stinson LLP

California Mandates Gender Diversity on the Boards of Public Companies

Stinson LLP on

On September 30, 2018, California became the first state to sign into law board gender diversity standards for public companies. Under the new law, public companies headquartered in California must have at least one woman on...more

Orrick, Herrington & Sutcliffe LLP

Mandatory Female Representation on Public Company Boards – An Important California Corporate Governance Development

The California Legislature has approved and sent to the Governor for signature a bill ("SB 826") requiring companies incorporated in California and foreign corporations (such as Delaware corporations) headquartered in...more

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