According to Glass Lewis, approximately 100 companies will face proxy access shareholder proposals in 2015. In a blog post, Glass Lewis announced that it will continue to review each shar...

This year marked the sixth anniversary of China’s Anti-Monopoly Law (“AML”) and a year of significant developments for antitrust enforcement in China. China has three separate antit...

In Marblegate Asset Management v. Education Management Corp. (S.D.N.Y. 2014), the Southern District of New York found that a proposed out-of-court debt restructuring to the detriment of n...

The SEC has announced that it will host a roundtable on February 19 on ways to improve the proxy voting process. The roundtable will be divided into two panels: The state of contested di...

Wal-Mart Stores is appealing to the U.S. Court of Appeals for the Third Circuit to vacate a mandatory injunction that requires Wal-Mart to include a shareholder proposal in its 2015 proxy...

The recent statement from Chair White that the SEC staff will not issue any decisions this season on no-action letters asking to exclude shareholder proposals on the basis that a company ...

A new no-action letter from the SEC staff substantially revises the rules applicable to shortened debt tender offers and expands their utility. The new rules may also portend changes in p...

Davis Polk partner Ed FitzGerald and I spoke in December with Tapestry’s Compensation Committee Leadership Network (CCLN) on forthcoming SEC executive compensation rules, as summarized ...

On December 17, 2014, the SEC proposed rule amendments intended to make it easier for private companies to raise capital, by relaxing existing requirements that would otherwise force them...

Companies contemplating U.S. acquisitions or with existing U.S. investments should be aware of two recent regulatory developments involving notifications to U.S. authorities. The Federal ...