Activists are Hereby on Notice: Board Authority to Reject Deficient Director Nominations

The Harvard Law School Forum on Corporate Governance and Financial Regulation 2018-04-16

Summary:

In a closely watched decision, the Superior Court of Washington for King County in Blue Lion Opportunity Master Fund, L.P. vs. HomeStreet, Inc., No. 18-2-06791-0 SEA, affirmed the authority of a corporation’s board of directors to reject a notice of director nominations and shareholder proposals for failure to comply with an advance notice bylaw. In the […]

Link:

https://corpgov.law.harvard.edu/2018/04/16/activists-are-hereby-on-notice-board-authority-to-reject-deficient-director-nominations/

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Date tagged:

04/16/2018, 09:44

Date published:

04/16/2018, 09:01