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On September 29, 2010, the US Chamber of Commerce and the Business Roundtable petitioned the US Court of Appeals for the District of Columbia Circuit for a review of the SEC's recently adopted proxy access rules, alleging, among other things, that the rules are arbitrary and capricious and violate the Administrative Procedure Act and that the SEC failed to properly assess the rules' effects on "efficiency, competition and capital formation" as required by law
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Workarea - Company & Commercial
Workarea - Capital Markets
Firm Name - Paul, Weiss, Rifkind, Wharton & Garrison LLP
