ACBA Event: CA Benefit Corporation Legislation – Understanding AB 361

Benefit Corporation gives entrepreneurs and investors an additional choice when determining which corporate form is most suitable to achieve their objectives.  Benefit Corporation is a new class of corporation that: 1) has a corporate purpose of creating a material positive impact on society and the environment; 2) redefines fiduciary duty to require consideration of the interests of employees, community, and the environment; 3) and, reports on its overall social and environmental performance using independent, credible, and transparent third party standards.

Maryland, Vermont, and New Jersey have already passed Benefit Corporation legislation.  Legislation is moving forward with strong bi-partisan support in Virginia, North Carolina, Pennsylvania, New York, Michigan, and Hawaii.

Join us for a discussion about this national movement and efforts in California with Donald Simon, one of the co-chairs of the legal working group which drafted California’s Benefit Corporation legislation (AB 361 – Huffman).


Donald Simon, partner at Wendel Rosen, primarily focuses on matters related to construction law, green building and environmental policy.  He has broad experience representing public and private clients on issues of contract litigation, regulatory, and general business.  Donald co-founded the firm’s Green Business Practice Group and led the firm’s internal sustainability efforts and green business certification.  Wendel Rosen is a certified B Corporation.

Date and Time

Thursday, June 2, 2011

Registration: 11:30 a.m.

Program: 12:00-1:00 p.m.


Wendel Rosen

1111 Broadway, 19th Floor

Oakland, CA 94607


Business Section members: $30

Environmental Law Section members: $30

ACBA members: $45

Non-members: $60

Lunch will be provided.


1 hour of general credit will be provided.


Please register by calling (510) 302-2201 or by sending your payment (payable to ACBA) to:

Alameda County Bar Association

Attention: MCLE

70 Washington Street, Suite 200

Oakland, CA 94607

Please note: The ACBA does not provide refunds for MCLE registration, but registrations are transferable to another attendee for the same program.

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