Thanks Leon. Interesting to learn this from Sidley as a possible measure to empower the community:

"provide a membership body or a designated representative of a multi-
stakeholder body approval rights with respect to certain board decisions, for 
example that relate to budget or key policies or strategies."

Wonder if it is the same as the supervisory board concept that CCWG is thinking of, and whether it has been implemented previously in California.

Do we submit additional questions to the legal sub-team or post them here?

On Mon, Mar 30, 2015 at 10:49 AM, León Felipe Sánchez Ambía <leonfelipe@sanchez.mx> wrote:
Dear all,

I am forwarding the preliminary responses provided by Sidley Austin to the first round of questions submitted to them.

I suggest you review them as input from all will be considered and is important for our steps forward.


Best regards,


León

Inicio del mensaje reenviado:

De: "Clark, Michael A." <mclark@sidley.com>
Fecha: 27 de marzo de 2015 16:46:56 GMT-6
Cc: "Huston, Peter K." <phuston@sidley.com>, "Schramm, Dorothee" <dschramm@sidley.com>
Asunto: [Acct-Legal] Response to Legal Sub-Team questions


Attached are our preliminary responses to the questions directed to Sidley Austin by the Legal Sub-Team.  Please note that we shared responses with Adler and Colvin for comment, as agreed at the Legal Sub-Team meeting in Istanbul.  We look forward to discussing the various options with the Legal Sub-Team.
HOLLY GREGORY
Partner

Sidley Austin LLP
+1.212.839.5853
holly.gregory@sidley.com
MICHAEL CLARK
Partner
Sidley Austin LLP
+1.312.853.2173
mclark@sidley.com

http://www.sidley.com/files/upload/signatures/SA-autosig.png SIDLEY AUSTIN LLP
 
 
 

 

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