Last week, U.S Senator Dan Sullivan introduced a bill to require passively managed funds to vote proxies as instructed by their investors. I have not seen a copy of the bill yet, but according to the Senator's press release, the bill provides for...
Bill Would Require Passively-Managed Funds To Vote Proxies As Instructed By Investors
Posted on May 23, 2022
Vice Chancellor Laster Finds Choice Of California Law In Proxy To Be "Facially Valid"
Posted on April 11, 2022
Over a decade ago, I posited the following question: "Should a proxy card specify a choice of law?" In a recently issued ruling, Vice Chancellor J. Travis Laster noted in the following lengthy footnote that choice of law can be an important issue...
A Subsidiary Post
Posted on August 17, 2017
Not too long ago, I wrote about the Securities and Exchange Commission's confusing classification of subsidiaries. See The Case Of The Wholly Owned, But Not Totally Held, Subsidiary That May Or May Not Be 100% Owned. Since this blog is concerned...
Calling All Stock Certificates
Posted on January 17, 2017
Last week, Broc Romanek's Mentor Blog addressed the question of what to do about outstanding stock certificates following a reverse stock split. Today, I'll weigh in with a California perspective.
