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Corporate Governance Standing

Sheppard Mullin Richter & Hampton LLP

California Court of Appeal Addresses Derivative Standing and Failure of Oversight Claims Under Delaware Law

In Tola v. Bryant, No. 16150, 2022 Cal. App. LEXIS 241 (Cal. App. Mar. 24, 2022), the First Appellate District of the California Court of Appeal applied Delaware’s new formulation of the test for determining whether a...more

A&O Shearman

Delaware Court Of Chancery Dismisses Section 220 Action Initiated Hours After Certificate Of Merger Was Filed With Delaware...

A&O Shearman on

On December 3, 2021, Vice Chancellor Lori W. Will of the Delaware Court of Chancery granted a motion to dismiss claims to compel inspection of books and records brought by a former stockholder of Houston Wire & Cable Company...more

Morrison & Foerster LLP - Left Coast Appeals

This Week at the Ninth: Injured Discriminators and Rails-to-Trails

This week, the Ninth Circuit addresses whether a corporate shareholder has standing to challenge a statute allegedly requiring the corporation to discriminate, and considers the interaction between the 1922 Abandoned Railroad...more

Bilzin Sumberg

Environmental Disclosure Issues Loom Large as Investors Pressure Companies to Address Climate Risks

Bilzin Sumberg on

As the real-life consequences of climate change accelerate and become more pronounced, so does the need for businesses and government entities to consider various practical effects. Corporations are facing significant...more

Allen Matkins

First Legal Test Of Female Board Quota Law Will Be On Monday

Allen Matkins on

Last August, I reported on the filing of a taxpayer challenge to California's Board Gender Quota Law. Crest v. Padilla, Cal. Super. Ct. Case No. 19STCV27561. California's Secretary of State, Alex Padilla, was named as the...more

Allen Matkins

Legal Challenge To California Board Gender Quota Law Filed

Allen Matkins on

As mentioned in yesterday's post, a much predicted challenge to California's board gender quota law was recently filed. The complaint alleges a single cause of action - violation of Article I, Section 31 of the California...more

Allen Matkins

Professor Bainbridge Asks "Would They Have Standing?"

Allen Matkins on

As has been widely noted, the constitutionality of SB 826, California's new gender quota law, is questionable. It remains to be seen who will bring the challenge and where. Yesterday, Professor Stephen Bainbridge raised the...more

BCLP

2016 Georgia Corporate and Business Organization Case Law Developments

BCLP on

The annual survey of decisions by state and federal courts in 2016 addressing Georgia corporate and business organization issues is now available. This survey covers the legal principles governing Georgia businesses,...more

King & Spalding

Minnesota Supreme Court Holds that Medical Staff Bylaws Are an Enforceable Contract

King & Spalding on

In an opinion released on December 31, 2014, the Supreme Court of Minnesota held that medical staff bylaws can be an enforceable contract and that a hospital’s medical staff (as an unincorporated association) can have the...more

Faegre Drinker Biddle & Reath LLP

Food Fights Make Bad Law

The axiom "hard facts make bad law" never held so true than in the case of the Minnesota Supreme Court's decision in Medical Staff of Avera Marshall Regional Medical Center vs. Avera Marshall, issued on December 31, 2014. ...more

Skadden, Arps, Slate, Meagher & Flom LLP

Inside The Courts - March 2013 | Volume 5 | Issue 1

In This Issue: *U.S. SUPREME COURT - Class Certificaton - Amgen Inc. v. Conn. Ret. Plans and Trust Funds, No. 11 1085 (U.S. Feb. 27, 2013) - Statutes of Limitations - Gabelli v. Sec. & Exch. Comm’n, No....more

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