On May 13, 2022, Los Angeles Superior Court Judge Maureen Duffy-Lewis issued a ruling inCrest v.Padilla Ifinding that California Corporations Code Section 301.3 (SB 826), which requires publicly listed corporations in California to have women on their boards, violates the Equal Protection Clause of the California Constitution...

...tate will appeal the verdict and prevail. Judicial Watch recently won another taxpayer challenge to a similar California law requiring boards to include directors who self-identify as a member of an "underrepresented com...

In April, a Los Angeles judge ruled that California's landmark law mandating that corporations diversify their boards with members from certain racial, ethnic or LGBT groups is unconstitutional...

Recent efforts by the California Legislature to increase corporate boardroom diversity hit a road bump due to theLos Angeles County Superior Court decisionearlier this month inCrest v. Padilla, Case No. 20-STCV-37513, which held that California Corporations Code 301.4 (Section 301.4) is unconstitutional. The statute, ruled the court, poses a present total and fatal conflict with the Equal Protection Clause of the California Constitution...

California has become the focus of a battle over how companies should address the lack of diversity on their boards: Should they actively seek out directors who arent White males, or should they simply seek to treat all candidates equally? ...

Shareholder groups say they'll keep uppressure on board diversity during this year's proxy season after a judge invalidated a California state law requiring companies to havedirectors from underrepresented backgrounds that has inspired similar laws across the country...

A California legislation requiring range on company boards of administrators has been struck down in a blow to the states efforts to deal with racial and gender disparities within the office. In response to a lawsuit introduced by Judicial Watch, a nonprofit conservative advocacy group, Decide Terry Inexperienced of Los Angeles County Superior Court docket on Friday discovered that the legislation violated the state structure. The legislation, Meeting Invoice 979 ...

Something new happened in boardrooms across California last year: More women joined the governing bodies of public companies than men, according to a recent report from California Partners Project, a statewide organization that advocates for gender equity. The shift has been noticeable since California passed a law in 2018 requiring at least one woman on the board of each publicly traded company with headquarters in California...

... claims against shareholders. We call them “bankruptcy directors.” In a new paper forthcoming in the Southern California Law Review, we study this phenomenon using a hand-collected sample of all large firms that filed fo...

...or someone who self-identifies as gay, lesbian, bisexual, or transgender — are also facing lawsuits. When the California law was proposed, an analysis by the state Assembly noted: “The use of a quota-like system, as prop...

Three years ago, the California Legislature passed a bill requiring public companies to put women on their corporate boards. The bill set specific quotas, dates by which those quotas had to be met and penalties if they were not met...

...An OSI Systems Inc. shareholder has standing to challenge a California law requiring public corporations headquartered in the state to have a minimum number of women on their boards of directors, the Ninth Circ...

...Hundreds of women still needed for board seats by the end of the year, new report finds A California law enacted in 2018 has led to almost doubling the number of women on the boards of publicly traded companies...

...ee directors from an underrepresented community on its board by the end of the 2022 calendar year.[1] See New California Law Will Require Increased Diversity on Public Board. Last month, the NYSE and corporate governance...

...The Delaware Court of Chancery recently made news when it ruled that Delaware law, not California law, applied to a minority shareholders request to inspect the books and records of a Delaware corporation with ...