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New York AG's Martin Act Claims Fail in ExxonMobil Case

USA - December 11 2019 Yesterday, New York County Supreme Court Justice Barry Ostrager ruled that the New York Office of the Attorney General ("OAG") failed to establish...

Bradley J. Bondi, Brockton B. Bosson, Sean P. Tonolli, Geoffrey E. Liebmann, Ross Sturman, Jennifer Potts, Landis C. Best, Elai Katz, Helene R. Banks.

Glass Lewis and ISS 2020 Voting Guidelines

USA - December 3 2019 Both Glass, Lewis & Co. ("Glass Lewis") and Institutional Shareholder Services Inc. ("ISS"), the leading providers of corporate governance and proxy...

Bradley J. Bondi, Geoffrey E. Liebmann, Ross Sturman, Joseph E. Cho, Tina M. Davis, Elai Katz, Helene R. Banks.

SEC Staff Provides Further Guidance On Management Response to Shareholder Proposals

USA - November 27 2019 On October 16, 2019, the staff of the Division of Corporation Finance (the "Staff") of the Securities and Exchange Commission (the "SEC") issued a...

Bradley J. Bondi, Geoffrey E. Liebmann, Ross Sturman, Bruna M. Amaral, Changlan (Lucy) Xu, Elai Katz, Helene R. Banks.

SEC Proposes to Modernize the Shareholder Proposal Process

USA - November 19 2019 On November 5, 2019, the Securities and Exchange Commission (the "SEC") proposed amendments to Rule 14a-8 under the Securities Exchange Act of 1934...

Bradley J. Bondi, Geoffrey E. Liebmann, Ross Sturman, Joseph E. Cho, Elai Katz, Helene R. Banks.

Delaware Court Denies Another Motion to Dismiss a Caremark Claim Against Directors

USA - November 4 2019 On October 1, 2019, in In re Clovis Oncology, Inc. Derivative Litigation, the Court of Chancery of Delaware denied a motion to dismiss a claim...

Bradley J. Bondi, Geoffrey E. Liebmann, Ross Sturman, Paul Rafla, Eboney J. Hutt, Elai Katz, Helene R. Banks.