How can companies make the right decisions—for their communities, for their people, and for the environment—when governance laws force a (relatively) narrow focus on maximizing shareholder value?
Susan Mac Cormac, a leading expert on the new “Flexible Purpose Corporation” laws (SB201), partner at Morrison & Foerster and part of their Clean Tech Practice, will be describing the challenges of corporate governance when it comes to making sustainable decisions in organizations—and the opportunities that new corporate forms are providing leaders.
Susan Mac Cormac
Morrison & Foerster.
New Corporate Forms – Flexible Purpose Corporations, B Corps and L3Cs: What Works, What Doesn't and What Will Move the Needle on Environmental Sustainability and Why
Tuesday, February 7 6:00-6:30 pm Networking 6:30 p.m. Talk with Susan Mac Cormac Gallagher Hall, Room 1213, UC Davis RSVP >>
Join us to hear an update from Susan Mac Cormac, a leading expert on the new “Flexible Purpose Corporation” laws (SB201) that provide social entrepreneurs with two additional forms of entities to consider when creating their social enterprise.
About Susan Mac Cormac Susan Mac Cormac is a partner in the Corporate Group of Morrison & Foerster’s San Francisco office. She serves as co-chair of the Firm’s 550 lawyer Business Department, and co-chair of the Cleantech Group. She has extensive experience representing start-up to late-stage private companies primarily in the Cleantech or sustainable space, including Arcadia, ClimateEarth, driptech, ElectraTherm, enXco, OneSun, Revolution Foods, and SourceTrace. She also represents impact investors such as Capricorn/Virgo, Brightpath Capital Partners, Pacific Community Ventures, RSF Social Finance, and OPIC. She provides corporate and finance advice in connection with mergers, acquisitions, asset purchases and sales, reorganizations, joint ventures, and equity and debt financings. She regularly advises boards of private and public companies on corporate governance as it relates to sustainability and Corporate Social Responsibility (“CSR”) issues and has joined the faculty (teaching on issues of sustainability and corporate governance) at both the Stanford Director’s College and the Northwestern Corporate Counsel Institute. Ms. Mac Cormac also represents nonprofit corporations involved with Sustainability and CSR, providing advice to their boards on fiduciary issues, conflicts of interest, and other corporate matters.
Ms. Mac Cormac was recognized by the Daily Journal as one of the Top Female Attorneys in California (May 2011) and as one of the Top 25 Clean Tech Lawyers in California (March 2011). She was named to The American Lawyer’s “45 Under 45″ list of outstanding women lawyers (January 2011) and selected by her peers for Best Lawyers in America 2011.
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