Over the past decade, Maryland-incorporated real estate investment trusts ("REITs") have been under increasing pressure to eliminate or reduce defenses against unsolicited takeovers. Boards have been declassified, directors...more
11/5/2024
/ Appraisal ,
Board of Directors ,
Bylaws ,
Corporate Governance ,
Freeze-Out Mergers ,
Mergers ,
Mortgage REITS ,
Notice Requirements ,
Shareholder Meetings ,
Shareholder Rights ,
Special Meetings ,
Takeover Bids ,
Takeovers
As we enter the 2024 proxy season, we are providing our annual memorandum to call your attention to certain matters of Maryland law, some new and some continuing, relating to proxy materials and annual meetings about which we...more
Closed-end investment companies registered under the Investment Company Act of 1940, as amended (the "1940 Act"), have proven to be a product sought by many investors, especially individuals. Despite their appeal to long-term...more
1/29/2024
/ Arbitrage ,
Board of Directors ,
Bylaws ,
Closed-End Funds ,
Corporate Governance ,
General Corporation Law ,
Investment Company Act of 1940 ,
Investment Funds ,
Investment Opportunities ,
No-Action Letters ,
Securities and Exchange Commission (SEC) ,
Shareholder Activism ,
Shareholder Meetings ,
Shareholder Proposals ,
Shareholder Rights ,
Voting Requirements