Corporate
Dec. 10, 2019
Legal challenges to minimum female director law: not a deluge, a drizzle
To paraphrase Mark Twain, reports of the wave of litigation that was expected to follow enactment of California’s Senate Bill 826, which requires a minimum number of women directors in publicly traded California-based companies, have been “greatly exaggerated.”
Teresa L. Johnson
Partner
Arnold & Porter Kaye Scholer LLP
Email: teresa.johnson@arnoldporter.com
Teresa is co-head of the firm's Capital Markets Transactions practice. Her practice includes advising corporations on corporate governance, securities and finance matters.
Amy V. Endicott
Senior Associate
Arnold & Porter Kaye Scholer LLP
Email: amy.endicott@arnoldporter.com
Amy represents clients in complex commercial litigation and international disputes.
To paraphrase Mark Twain, reports of the wave of litigation that was expected to follow enactment of California's Senate Bill 826 (which requires a minimum number of women directors in publicly traded California-based companies), have been "greatly exaggerated."
In 2018, the passage of SB 826 was met with extreme skepticism, as industry participants, the media, and academics questioned the constitutionality of a sex-based requireme...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In