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Shareholders › Ordinary Course of Business Defense

Skadden, Arps, Slate, Meagher & Flom LLP

Impact of SEC Staff Guidance on Shareholder Proposals in the 2018 Proxy Season: Dead-End Street or Road Under Construction?

Skadden, Arps, Slate, Meagher & Flom LLP on

In the period leading up to the 2018 proxy season, the staff of the Division of Corporation Finance (Staff) of the Securities and Exchange Commission (SEC) published Staff Legal Bulletin No. 14I (SLB 14I), which provided new...more

Katten Muchin Rosenman LLP

Court of Appeals for Third Circuit Overturns District Court Ruling Regarding Exclusion of Shareholder Proposal From Proxy...

Katten Muchin Rosenman LLP on

On July 6, the United States Court of Appeals for the Third Circuit issued an opinion overturning the November 2014 ruling of the United States District Court for the District of Delaware that Wal-Mart Stores, Inc. had...more

Holland & Knight LLP

Wal-Mart Allowed to Omit Shareholder Proposal for Oversight of Products Sold

Holland & Knight LLP on

On April 14, 2015, the Third Circuit Court of Appeals vacated an injunction against Wal-Mart that would have required it to include a shareholder proposal in its 2015 annual proxy statement. Wal-Mart will now be able to omit...more

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