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Morrison & Foerster partner Suz Mac Cormac co-authored an article with PG&E’s Brian Wong for ACC Docket, a publication by the Association of Corporate Counsel, that covers how climate change impacts companies and how board members should address the related risks and issues.
“Ignoring the impact of climate change on business in the long term and the short term is at best irresponsible, and at worst could deal a significant blow to the company and its shareholders,” write the authors, who… 展开

Morrison & Foerster partner Suz Mac Cormac co-authored an article with PG&E’s Brian Wong for ACC Docket, a publication by the Association of Corporate Counsel, that covers how climate change impacts companies and how board members should address the related risks and issues.
“Ignoring the impact of climate change on business in the long term and the short term is at best irresponsible, and at worst could deal a significant blow to the company and its shareholders,” write the authors, who suggest that board members and in-house counsel should “consider changes in climate as they provide guidance and exercise their oversight function over management.”

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Morrison & Foerster and The Thomson Reuters Foundation have partnered to produce “Which Legal Structure is Right for my Social Enterprise? A Guide to Establishing a Social Enterprise in the United States” intended to help social entrepreneurs navigate through the array of legal structures that are available for them in the United States.
The burgeoning field of social enterprise and the rise of impact investing have moved well beyond the dichotomy of for-profit and not-for-profit legal… 展开

Morrison & Foerster and The Thomson Reuters Foundation have partnered to produce “Which Legal Structure is Right for my Social Enterprise? A Guide to Establishing a Social Enterprise in the United States” intended to help social entrepreneurs navigate through the array of legal structures that are available for them in the United States.
The burgeoning field of social enterprise and the rise of impact investing have moved well beyond the dichotomy of for-profit and not-for-profit legal structures. For many social entrepreneurs, generating revenue (and sometimes profit) from their enterprises is a key driver, ensuring financial sustainability, generating returns for investors and avoiding the need to rely on charitable donations or grants. However, many such entrepreneurs also wish to pursue a mission outside of profit maximization, specifically focused on the promotion of non-monetary social, humanitarian and/or environmental goals. Finding the right organizational structure is a critical first step toward operating and growing a successful social enterprise that maximizes business opportunities and social goals
This Guide is an updated version of the 2016 Guide with new case studies and up to date legislation.
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A company’s legal structure establishes the framework and governing rules for operations and growth, which can have a material impact on the ability to balance social, humanitarian, and/or environmental goals with financial sustainability.
In this article for the Daily Journal, titled “10 Considerations for Your Social Enterprise’s Legal Form,” Morrison & Foerster partner Suz Mac Cormac and associate Jesse Finfrock, explain how to find the right organizational structure so a social… 展开

A company’s legal structure establishes the framework and governing rules for operations and growth, which can have a material impact on the ability to balance social, humanitarian, and/or environmental goals with financial sustainability.
In this article for the Daily Journal, titled “10 Considerations for Your Social Enterprise’s Legal Form,” Morrison & Foerster partner Suz Mac Cormac and associate Jesse Finfrock, explain how to find the right organizational structure so a social enterprise can maximize both its business opportunities and its impact goals. 收起

Selecting the right entity structure for a mission-driven business can be daunting. For-profit social enterprises can now choose from a variety of forms that enable them to balance social and environmental benefits with the pursuit of profits. Each entity type offers different mechanisms to ensure a focus on impact and economic sustainability.
In this article for the Daily Journal, titled “Leveraging Corporate Structure for Impact,” Morrison & Foerster partner Suz Mac Cormac and associate… 展开

Selecting the right entity structure for a mission-driven business can be daunting. For-profit social enterprises can now choose from a variety of forms that enable them to balance social and environmental benefits with the pursuit of profits. Each entity type offers different mechanisms to ensure a focus on impact and economic sustainability.
In this article for the Daily Journal, titled “Leveraging Corporate Structure for Impact,” Morrison & Foerster partner Suz Mac Cormac and associate Jesse Finfrock, summarize the different forms that entrepreneurs and investors alike should consider to help save our planet and improve the lives of its population. 收起

LLC? C Corp? B Corp? PBC? L3C? The alphabet soup of terminology has created confusion over what corporate forms and certifications are, let alone what one should consider as an entrepreneur.

Deciding how to legally organize your company is a big decision. If you’re a world positive business, here’s a list of questions to help determine which path you might take.

More venture-backed businesses are considering this question. Here’s the checklist on how to decide what’s right for you.