“Basically, … Lipton and Savitt are accusing Strine and other ‘accomplished jurists such as Chancellor Chandler, Chancellor Allen, and Justice Moore’ [of] not understanding what they wrote,” #corpgov https://t.co/vf6EJ1upQa
— Stefan Padfield (@ProfPadfield) October 28, 2019
“This Article studies the first systemic implementation of proxy access and finds that while proxy access was rarely used to nominate directors, it was used indirectly — as a bargaining tool — to improve board diversity.” https://t.co/G1FRR81XgE #corpgov
— Stefan Padfield (@ProfPadfield) October 24, 2019
“the court limited PNB’s definition of the majority of the minority to cases in which the statute requires approval by a majority of the outstanding shares” #corpgov https://t.co/6BrCNaueAN
— Stefan Padfield (@ProfPadfield) October 30, 2019
“Traditionally, the SEC has studied information leaks prior to merger announcements and identified numerous instances of insider trading. Our paper suggests that regulators should also assess the trading history of a stock surrounding the announcement of a breach.” #corpgov https://t.co/hzdV9ayS2I
— Stefan Padfield (@ProfPadfield) October 24, 2019
“Reuniting ownership and control … the leveraged buyout … helped reform management practices in … U.S. companies. Due to mounting competitive pressures, however, private equity is finding relatively fewer underperforming companies to fix.” https://t.co/XZNIUZtM2D #corpgov
— Stefan Padfield (@ProfPadfield) October 24, 2019