News & Analysis as of

Pending Legislation Corporate Governance

Fenwick & West LLP

California Legislature Amends Climate Disclosure Laws

Fenwick & West LLP on

On August 31, the California Assembly and Senate passed SB 219, which provides for the following notable changes to the climate disclosure laws, among others: Gov. Gavin Newsom has until September 30 to sign or veto SB 219....more

Fenwick & West LLP

California Legislature Approves Amendments to Climate Disclosure Laws

Fenwick & West LLP on

As we previously reported in October 2023, the California legislature adopted three significant climate disclosure laws...more

WilmerHale

Amendments to California Climate Accountability Package Await Governor’s Review

WilmerHale on

In October 2023, California Governor Gavin Newsom signed into law the Climate Corporate Accountability Act (SB 253) and the Climate‐Related Financial Risk Act (SB 261), jointly referred to as the Climate Accountability...more

Allen Matkins

Strangers In A Strange Land - In California, Bumblebees, Crabs and Snails Are Fishes And A General Partnership May Soon Be A...

Allen Matkins on

In California, some things are not what they seem.  Here, a bumblebee, a crab or snail can be a fish, but a goldfish may not be a fish. Now, a bill is pending in the California legislature which threatens even more violence...more

Holland & Knight LLP

Virtual Shareholders Meetings: Draft Decree Amends Mexico's General Law of Commercial Companies

Holland & Knight LLP on

The Mexican Senate, on Sept. 12, 2023, unanimously approved the draft Decree reforming several provisions of the General Law of Commercial Companies (Ley General de Sociedades Mercantiles or LGSM). By virtue of this reform,...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

California Climate-Related Financial Risk Disclosure Bill Advances

Allen Matkins on

I have been writing about a bill, SB 261, that would would require businesses to prepare and submit climate-related financial risk reports. On May 30, 2023, the bill passed out of the Senate on a 27-8 vote....more

Barnea Jaffa Lande & Co.

ISA Seeks to Expand Authority beyond Securities Offenses

Barnea Jaffa Lande & Co. on

The Israel Securities Authority recently published a draft bill to amend the Securities Law. The amendment would give the ISA the power to investigate related offenses committed in addition to securities offenses. Under the...more

Allen Matkins

Legislators Left In Dark About Constitutional Concerns When Voting On Greenhouse Gas Emissions Disclosure Bill

Allen Matkins on

Last year, I reported on a California bill that would require large companies to report annually on their greenhouse gas emissions.  Since then, the bill, SB 260, has been working its way through the legislature.  Earlier...more

Latham & Watkins LLP

California Senate Passes Broad GHG Emissions Reporting Requirements

Latham & Watkins LLP on

If adopted, the Senate bill would require large US companies doing business in California to report Scopes 1, 2, and 3 emissions as of January 2024. The California Legislature is considering a bill to impose corporate...more

Womble Bond Dickinson

Dollars and Sense: How to Integrate ESG into Compensation Programs

Womble Bond Dickinson on

On June 16, 2021, the U.S. House of Representatives passed H.R. 1187 (the “Corporate Governance Improvement and Investor Protection Act”), which would require the Securities and Exchange Commission (“SEC”) to establish rules...more

Stinson - Corporate & Securities Law Blog

House Passes ESG Disclosure Simplification Act of 2021

By a razor thin vote of 215 to 214, the House of Representatives passed the ESG Disclosure Simplification Act of 2021....more

Woods Rogers

2020 Legislative Changes Affecting Virginia Community Associations

Woods Rogers on

The 2020 legislative session was notable for a few reasons.  First, the Democrats held the majority of seats in both houses of the General Assembly for the first time in recent history.  Second, the legislature also took...more

BCLP

Corporate Insolvency and Governance Bill - Reforms to the UK Corporate Restructuring & Insolvency Framework

BCLP on

The Corporate Insolvency and Governance Bill introduces the most significant reforms to the UK’s corporate restructuring and insolvency framework in over 15 years. The UK government’s aim is to provide businesses with the...more

BCLP

UK COVID-19: Draft bill on AGMs

BCLP on

The government has published the Corporate Insolvency and Governance Bill (the ‘Bill’) which contains draft legislation on how companies can hold their 2020 AGM in light of the pandemic. Once implemented, these measures will...more

Bricker Graydon LLP

Board Meetings

Bricker Graydon LLP on

Pending Legislation Allowing Telephonic Board Meetings - There may be legislation coming that will expressly permit telephonic board meetings.  Specifically, H.B. 557 was proposed with the following title:  “To enact...more

Dorsey & Whitney LLP

House Overwhelmingly Passes Bill to Address 8-K Trading Gap

Dorsey & Whitney LLP on

On January 14, 2020, the U.S. House of Representatives passed HR 4335, the “8-K Trading Gap Act of 2019” (the “Act”) by a bipartisan vote of 384 to 7. The Act is designed to stop company insiders from trading during the 8-K...more

Bass, Berry & Sims PLC

House Passes Bill to Limit Trading by Insiders around Form 8-K Filings

Bass, Berry & Sims PLC on

Earlier this month, in a bipartisan vote of 384 to 7, the U.S. House of Representatives passed the 8-K Trading Act of 2019. A similar bill has been introduced in the Senate and given the bipartisan support in the House, is...more

Holland & Knight LLP

Corporate Transparency Act: A New Regulatory Requirement for Business

Holland & Knight LLP on

The U.S. House of Representatives passed the Corporate Transparency Act of 2019 (HR 2513) by a vote of 249-173, including 25 Republicans, on Oct. 22, 2019. A companion bill is being reviewed by the Senate. The purpose of HR...more

Allen Matkins

As The Clock Winds Down, Criticism Of California's Gender Quota Bill Winds Up

Allen Matkins on

The Governor has until this Sunday to sign or veto bills passed by the legislature before September 1. Cal. Const. Art. IV, Sec. 10(b)(2). One bill in the Governor's inbox is SB 826. If signed by the Governor, SB 826 would...more

Latham & Watkins LLP

Bill To Impose Gender Quotas in Boardrooms Reflects Larger Trend

Latham & Watkins LLP on

California Senate Bill 826 has passed the California Legislature and is headed to the desk of Gov. Jerry Brown, who will have until the end of September to approve or veto it. If enacted, SB 826 will require all companies,...more

Allen Matkins

Why California's Gender Quota Bill Is More Likely To Be Unconstitutional Than California's Pseudo-Foreign Corporation Statute

Allen Matkins on

In the waning hours of the current session, the California legislature passed a bill that will impose gender quotas on publicly held domestic or foreign corporations whose principal executive offices, according to the...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

Sands Anderson PC

2018 Legislative Update: New Laws Impacting Commercial Real Estate Clients

Sands Anderson PC on

Below is our annual update on legislative changes impacting the real estate industry. All common interest communities are based on a foundation of real estate law, and thus changes to these laws can often impact common...more

Allen Matkins

Impossibility And California's Proposed Gender Quota Bill

Allen Matkins on

I have devoted several recent posts to California's proposed board gender quota bill, SB 826, that seems destined for the Governor's desk. The bill would require "a publicly held domestic or foreign corporation whose...more

35 Results
 / 
View per page
Page: of 2

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide