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Los Angeles Superior Court Invalidates California Board Diversity Statute, Rendering It Ripe For Review By The California Court Of Appeal - Corporate/Commercial Law - Vimarsana News

Los Angeles Superior Court Invalidates California Board Diversity Statute, Rendering It Ripe For Review By The California Court Of Appeal - Corporate/Commercial Law

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...

Source: mondaq.com
Board Diversity Statute For - Vimarsana News

Board Diversity Statute For

Unfortunately, at the time, only a minute order was released, which did not offer any explanation of the Court's reasoning.

Source: mondaq.com
California Allowing Virtual Only Shareholder Meetings - Vimarsana News

California Allowing Virtual Only Shareholder Meetings

California legislature enacted AB 663 Chen in order to provide California corporations with greater flexibility to hold virtual-only meetings of shareholders. A virtual-only shareholder meeting may be held without either unanimous shareholder consent

California Enacts Temporary, Yet Urgent, Law Allowing Virtual Only Shareholder Meetings | Allen Matkins - Vimarsana News

California Enacts Temporary, Yet Urgent, Law Allowing Virtual Only Shareholder Meetings | Allen Matkins

Last year, the California legislature enacted AB 663 (Chen) in order to provide California corporations with greater flexibility to hold virtual-only meetings of shareholders.  Among...

HOA Homefront - Membership quorum is important and attainable - Vimarsana News

HOA Homefront - Membership quorum is important and attainable

Some of the most important HOA decisions must be made by membership vote, but many associations cannot make those decisions because they fail to attain quorum.