California Amends Corporations Code To Authorize Audio Option For Shareholder/Member Meetings

Historically, a meeting necessarily meant a physical encounter.  Indeed, the word "meet" can be traced to the Anglo Saxon word metan which means to encounter or meet. So it was that shareholder meetings involved the presence of shareholders or their...

Is A Shareholder Vote Required To Adjourn A Meeting?

Yesterday, Liz Dunshee in The Proxy Season Blog addressed the question of whether motions to adjourn were considered "routine" for purposes of Rule 452 of the New York Stock Exchange. This rule permits brokers provides that brokers may only vote on...

1