Paul Hastings LLP | USA | 19 Apr 2023
In what might prove to be an important ruling, on April 12th the Bankruptcy Court for the District of Delaware ruled that a secured creditor had…
Fried Frank Harris Shriver & Jacobson LLP | USA | 19 Jan 2023
Twenty-one State Attorneys General (the "AGs") criticized two proxy advisors, asserting that their commitments to promoting environmental, social and…
Skadden Arps Slate Meagher & Flom LLP | USA | 4 Jan 2023
The Securities and Exchange Commission’s (SEC’s) new universal proxy rules, which took effect for meetings after August 31, 2022, require the use of…
Bennett Jones LLP | Canada | 13 Dec 2022
Glass, Lewis & Co (Glass Lewis) and Institutional Shareholder Services (ISS) have both released updates to their Canadian proxy voting guidelines for…
Fried Frank Harris Shriver & Jacobson LLP | USA | 23 Nov 2022
On November 2, 2022, the Securities and Exchange Commission (“SEC”) adopted amendments to Form N-PX under the Investment Company Act of 1940 to…
Fried Frank Harris Shriver & Jacobson LLP | USA | 17 Nov 2022
SEC Commissioner Hester M. Peirce argued that advisers to funds must vote in accordance with the fund's investment objectives and the best interests…
Fried Frank Harris Shriver & Jacobson LLP | USA | 3 Nov 2022
The SEC adopted a final rule amending the reporting requirements for (i) management investment companies (including exchange traded funds, or "ETFs")…
Morrow Sodali | European Union, France, Germany, etc. | 12 Oct 2022
This edition of Lighthouse contains an in-depth analysis of the proxy seasons in the European Markets where Morrow Sodali operates (France, Germany…
Fried Frank Harris Shriver & Jacobson LLP | USA | 26 Sep 2022
An investment adviser settled SEC charges for casting proxy votes on behalf of the registered investment companies it managed without taking steps to…
Morrow Sodali | Australia | 22 Sep 2022
As issuers and investors are gearing up for the Australian 2022 main proxy season over the next few months, this article provides a summary of the…