Publications

Corporate Partners A.J. Kess and Karen Kelley and Corporate Associate Yafit Cohn, published an article in Law360, “Consider Your Options As NY Proxy Access Efforts Continue.” The article discusses the implications and considerations for companies in response to the New York City Comptroller’s initiative to pursue a universal standard of proxy access for shareholders holding at least three percent of the company’s outstanding stock for at least three years. “Because there is no consensus among major institutional investors on the issue of proxy access — and given the strong link observed in 2015 between a company’s shareholder base and its voting results on proxy access — it is critical that issuers grappling with a proxy access shareholder proposal for the first time analyze their shareholder base, study their large shareholders’ policies on proxy access and engage with those shareholders on the issue,” write Yafit, Karen and A.J.

Click here to read the full article.