COVID’s Impact on PBC Fiduciary Duties: Understanding Director Obligations in an Economic Downturn
- In August 2019, a group of nearly 200 chief executives issued a statement, arguing that the role of corporations should be redefined from solely maximizing shareholder value to also “invest[ing] in their employees, protect[ing] the environment and deal[ing] fairly and ethically with their suppliers.” Making... ›
Impactful Conversations: An Interview with Rodney Foxworth at Common Future
By: Michael P. Santos
In this episode of Impactful Conversations, Michael Santos, a social-enterprise- and impact-investing associate in Morrison & Foerster’s San Francisco office, interviews Rodney Foxworth, the CEO of Common Future. Based in Oakland, California, Common Future tackles wealth inequality nation-wide by focusing on the needs of communities... ›Impactful Conversations: An Interview with Ken Doctor at Lookout Local
In this episode of Impactful Conversations as a part of MoFo Perspectives, Jesse Finfrock, a San Francisco-based associate in Morrison & Foerster’s Social Enterprise and Impact Investing Group, meets with Ken Doctor, the founder of Lookout Local, to discuss how he has incorporated Lookout... ›Maintaining Impact Through M&A
By: Susan H. Mac Cormac and Shai Kalansky
As the COVID-19 crisis continues to make capital markets, including venture capital, an uncertain source of financing, founders and boards of impact businesses may increasingly look to M&A and other strategic alternatives to assure their survival. Mergers, business and asset sales, large-scale technology licensing,... ›Impactful Conversations: An Interview with Henrik Jones at Buckhill Capital
In this special shelter-in-place edition of “Impactful Conversations” podcast, MoFo fund formation lawyer Sean Byrne interviews Buckhill Capital General Partner Henrik Jones about collaborating with MoFo to create a new investment term, the Carried Interest by Verified Impact Calculations (CIVIC). The CIVIC links a fund’s carried interest to quantifiable... ›Restorative Investing: How the Impact Investing Model Could Be Used to Support Vulnerable Communities in the Time of COVID-19
By: Michael P. Santos
For the second time in a little over a decade, the United States is facing an economic crisis on a near-unprecedented scale, while simultaneously battling the worst pandemic in over a century. To date, over 80,000 people have died in the United States from... ›The Americans Podcast: How Can New Corporate Form Help Save the Planet?
By: Susan H. Mac Cormac
Suz Mac Cormac was a guest speaker on The Americans podcast with Chelsea Spieker, titled “How Can New Corporate Form Help Save the Planet?” The episode provides a brief update on COVID-19 around the world, followed by a discussion with Suz on impact investing... ›Lawyers Helping Small Businesses Navigating CARES Act Funding Requirements
By: Susan H. Mac Cormac
Suz Mac Cormac spoke to the Daily Journal for an article featuring the Bay Area Small/Social Enterprise Task Force (BASE Force), which is a group led by Morrison & Foerster with other legal, financial, and nonprofit professionals who are guiding small businesses through emergency... ›Bay Area Small/Social Enterprise Task Force: Guide To COVID-19 Resources And Relief
By: Susan H. Mac Cormac, Alfredo B. D. Silva and Michael P. Santos
As members of the Bay Area Social/Small Enterprise Task Force (BASE Force), Morrison & Foerster attorneys Suz Mac Cormac, Alfredo Silva, Kaela Colwell, Olga Terets, and Michael Santos have compiled a resource guide for Bay Area small businesses impacted by COVID-19. BASE Force is... ›As Wildlife Threats Grow Worldwide, Law Firms Build Climate-Focused Practices
Suz Mac Cormac, chair of the firm’s Energy and Social Enterprise and Impact Investing practices, spoke to The Recorder about how climate issues have created opportunities for law firms and their clients to help create positive change. “At first, the change was gradual, starting... ›