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ISS’ policy change that it may withhold against boards for significant pledging and any hedging by boards and executive officers caused a stir at the beginning of the season. In additio...
The Delaware Court of Chancery upheld the facial validity of exclusive forum-selection bylaw provisions in a recent decision. As we explain in our memo, the opinion is notable for both i...
Delaware Chancery Court Judge Leo Strine ruled earlier this month that the lawsuit against Simon Property Group regarding the CEO’s compensation can proceed. The suit, brought by the Lo...
Yesterday, Chancellor Leo E. Strine, Jr. of the Delaware Court of Chancery upheld the statutory and contractual validity of bylaws separately adopted by the boards of directors of Chevron...
On June 20, 2013, the Supreme Court decided a case regarding waivers of class arbitration that could have potentially wide-ranging implications in antitrust and other cases. See American ...
The OCC has issued a final rule specifying the methods for calculating credit exposure arising from derivatives and securities financing transactions for purposes of the federal lending l...
Recently, in the second of the NYSE Governance and Proxy interview series, I discussed the events this season surrounding proxy disclosure, say-on-pay, activism and proxy advisory firms w...
On June 17, 2013, the Supreme Court decided a case of considerable importance to the pharmaceutical industry. The case involved the question of whether and to what extent “reverse payme...
Last week, Starboard Value, which with nearly 15% of the shares of Office Depot is the company’s largest shareholder, filed a complaint in the Delaware Court of Chancery to order the co...