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Virtual Meetings Board of Directors

Allen Matkins

California Decides That The Sun Shall Not Set On Virtual Meeting Statutes

Allen Matkins on

Despite being home to the Silicon Valley, California has not embraced with abandon virtual-only meetings of shareholders.  Section 600(e) of the Corporations Code currently does not permit virtual only meetings unless one of...more

Allen Matkins

Does An Exchange Of Emails Constitute A Board Meeting?

Allen Matkins on

Under the California General Corporation Law, a board of directors can take action in two different ways - at a meeting or by unanimous written consent.  See Cal. Corp. Code § 307.  Over a decade ago, I posed the question of...more

Morgan Lewis

Amendments Introduced to the Singapore Companies Act Take Effect 1 July

Morgan Lewis on

The Companies, Business Trusts and Other Bodies (Miscellaneous Amendments) Act 2023 (the Amendment Act) will take effect on 1 July 2023 and introduce four key amendments to the Companies Act 1967 of Singapore (the CA). The...more

Nelson Mullins Riley & Scarborough LLP

Better Late than Never: Virtual Shareholder Meetings Now Available to South Carolina-Chartered Corporations

South Carolina-chartered corporations may now hold virtual meetings of shareholders whereby shareholders and proxy holders not physically present at the annual or special meeting location may participate by means of remote...more

Allen Matkins

Bill Would Allow Shareholders To Phone It In

Allen Matkins on

Currently, the California Corporations Code prohibits a California corporation from conducting a meeting of shareholders solely by electronic transmission by and to the corporation, electronic video screen communication,...more

BCLP

Delaware Corporate Law Developments: What You Need to Know for 2023

BCLP on

Delaware corporate law continually evolves, and 2022 was no exception. As the year draws to a close and proxy season approaches, here are highlights of significant changes that may impact 2023 annual meeting plans, among...more

White & Case LLP

FTSE 350: July 2022 Snapshot of Arrangements for AGMs

White & Case LLP on

Key trends - We are now over half way through the year and moving towards the end of the AGM season. The trends which we identified at the start of the year have generally continued. Most companies have chosen to hold a...more

White & Case LLP

FTSE 350: Snapshot of Arrangements for AGMs

White & Case LLP on

Refinitiv, Q1 2022 Adviser Rankings, US law firms, September 2021 We continue to track the approach FTSE 350 companies are taking to the holding of their AGMs. We have set out in our snapshot the approach companies have taken...more

Allen Matkins

California Enacts Temporary, Yet Urgent, Law Allowing Virtual Only Shareholder Meetings

Allen Matkins on

Last year, the California legislature enacted AB 663 (Chen) in order to provide California corporations with greater flexibility to hold virtual-only meetings of shareholders.  Among other things, AB 663 amended Corporations...more

Allen Matkins

Bill Would Urgently Remove Limitation On Virtual Shareholder Meetings And Allow Utopian Meetings

Allen Matkins on

The last sentence of California Corporations Code Section 600(e) imposes a significant limitation on the ability of California corporations to hold virtual-only meetings...more

Morgan Lewis

New York Not-for-Profits Can Permanently Embrace Virtual Meetings

Morgan Lewis on

Virtual member meetings for New York State not-for-profit and religious corporations, which were originally allowed as an exceptional circumstance, are now permitted permanently. New York had temporarily modified its...more

Woods Rogers

2021 Legislative Changes that Impact Virginia Community Associations

Woods Rogers on

In the midst of the COVID-19 crisis, the Virginia General Assembly had a busy 2021 session that consisted of a regular session and a subsequent special session during which it passed many different pieces of legislation that...more

Kaufman & Canoles

Credit Union Alert – NCUA Extends Flexibility for Federal Credit Unions

Kaufman & Canoles on

NCUA Extends Flexibility for Federal Credit Unions - NCUA has issued Letter to Federal Credit Unions 21-FCU-06. In its letter, NCUA notes the continued need for flexibility when conducting meetings during the COVID-19...more

BCLP

Risky Business: Recording Board Meetings

BCLP on

With the Delta variant surge, many companies have delayed plans for a return to in-person board and committee meetings. The go-to alternative, in many cases, will be a return to video conferences, which worked well in the...more

Lowenstein Sandler LLP

New Jersey Corporations May Now Hold Any Shareholder Meeting Remotely

Lowenstein Sandler LLP on

What You Need To Know: •New Jersey corporations may now hold fully remote shareholder meetings even absent a state of emergency. •Boards of directors must still adopt guidelines and procedures governing remote...more

Woods Rogers

Hindsight is 2020 – A Look Back at Impact of COVID-19 on Community Associations Focuses Efforts Moving Forward

Woods Rogers on

Since March 2020, society has learned how to navigate through and adjust to many upheavals and changes caused by the COVID-19 pandemic. This is certainly true for community associations conducting business and carrying out...more

McDermott Will & Emery

Update: Auswirkungen der COVID-19-Pandemie im Gesellschaftsrecht

McDermott Will & Emery on

Die Schutzmaßnahmen zur Vermeidung der Ausbreitung der COVID-19-Pandemie, insbesondere die Einschränkungen der Versammlungsmöglichkeiten von Personen, wirken sich nach wie vor auf die Handlungsfähigkeit von Unternehmen...more

Snell & Wilmer

Annual Meeting and Proxy Considerations

Snell & Wilmer on

Holding Your Annual Meeting Virtually—Lessons Learned From 2020 - In light of the circumstances surrounding the COVID-19 pandemic, it comes as no surprise that there was a dramatic increase in the number of virtual...more

Fenwick & West LLP

Corporate Governance Survey - 2020 Proxy Season Results

Fenwick & West LLP on

Corporate governance practices vary significantly among public companies. This is a reflection of many factors, including: • Differences in the stage of development of companies, including the relative importance placed on...more

Fenwick & West LLP

Glass Lewis Announces 2021 Proxy Voting Policy Guidelines

Fenwick & West LLP on

Glass Lewis announced updates to its United States Proxy Voting Policy Guidelines late November 2020. The 2021 Proxy Voting Policy Guidelines include a variety of changes from the 2020 version, including new provisions...more

King & Spalding

Significant 2021 Proxy Advisor Policy Changes

King & Spalding on

Proxy advisory firms ISS and Glass Lewis have issued their annual updated proxy voting guidelines for the upcoming 2021 proxy season. Glass Lewis’s new guidelines apply to shareholder meetings on or after January 1, 2021,...more

Winthrop & Weinstine, P.A.

2021 Virtual Shareholder Annual Meetings

Many companies held virtual annual shareholder meetings in 2020.  This was principally the result of the COVID-19 pandemic and related state shutdowns or stay-at-home orders.  Typically, companies switched from the more...more

American Conference Institute (ACI)

[Virtual Event] Crown Corporate Governance Annual Conference - January 19th - 20th, 10:15 am - 6:00 pm EST

Practical Strategies for Board Oversight of Government-Owned Entities and Agencies. The CI’s 16th Annual Conference on Crown Corporate Governance returns in a completely interactive virtual format to help you navigate a...more

BakerHostetler

ISS 2021 Policy Updates

BakerHostetler on

On Nov. 12, 2020, Institutional Shareholder Services (ISS) released its executive summary of its 2021 benchmark policy updates. The ISS 2021 global policy updates will be effective for meetings that occur on or after Feb. 1,...more

Goodwin

ISS 2021 Policy Updates On Federal Forum And Exclusive State Law Forum Provisions, Board Diversity And Other Matters

Goodwin on

Institutional Shareholder Services (“ISS”) published its proxy voting guidelines updates for 2021 (“Policy Updates”) on November 12, 2020. The changes that are likely to be of most interest to companies include new and...more

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