Stockholders' Meetings

News & Analysis as of

ISS Announces Key 2014 Draft Policy Updates

On October 21, 2013, Institutional Shareholder Services (ISS), an influential proxy advisory firm, released three proposed updates to its Canadian proxy voting guidelines. The proposed updates relate to director overboarding,...more

Canmore Consultants Ltd., v. L.O.M. Medical Int'l, Inc., C.A. No. 8645-VCG (Del. Ch. Sept. 19, 2013) (Glasscock, V.C.)

In this decision, the Court of Chancery addressed a novel question of law: Which party bears the burden of persuasion under Section 223(c) of the Delaware General Corporation Law (the “DGCL”)? Section 223(c) permits...more

Delaware Corporation Law Amended to Eliminate Need for Stockholder Approval of Back-End Merger following Successful Tender Offer

Recent amendments to the Delaware General Corporation Law (DGCL) include a new subsection that will, in many cases, eliminate the need to obtain stockholder approval of a back-end merger following a successful tender offer,...more

In re MFW Shareholders Litigation - Business Judgment Standard of Review Applies to a Going Private Transaction with a Controlling...

On May 29, 2013, the Delaware Chancery Court (Strine, C.) held that when a controlling stockholder merger has, from the time of the controller’s first overture, been subject to (1) negotiation and approval by a special...more

Delaware Court of Chancery Appoints Receiver to Ensure Stockholders’ Meeting

The Delaware Court of Chancery recently determined that the appropriate remedy for a corporation’s failure to comply with court orders to hold a long overdue stockholders’ meeting was to appoint a receiver with authority to...more

5 Results
|
View per page
Page: of 1