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Tune in to see Vinson & Elkins LLP’s Shareholder Activism practice co-head, Lawrence Elbaum, discuss 2021’s shareholder activism rebound and what to look forward to in 2022 with Bloomberg TV.

On Wednesday, November 17, 2021, the SEC adopted final rules regarding the use of universal proxy cards and proposed amendments to its rules governing proxy voting advice.

On Wednesday, November 17, 2021, the SEC proposed rule amendments to the rules governing proxy voting advice that would rescind significant portions of the two rules applicable to proxy voting advice that were adopted by the Commission in 2020.

Patrick Gadson, partner and co-head of Vinson & Elkins’ top-ranked Shareholder Activism practice, discusses defense strategies for boards and management teams when challenged by activist shareholders.

Activists likely will continue seeking ways to preserve their investments and influence the Chapter 11 process, while debtors likely will continue seeking ways to prevent shareholder interference when equity is perceived to be out of the money.

As recently as 2015, if an investor was interested in understanding more about a company’s climate change risks and impact, it had the option of submitting a stockholder proposal to be included in the company’s proxy materials through the SEC’s antiquated Rule 14a-8 process.

Lawrence Elbaum discusses five steps to encourage courage in the boardroom.

For more than a year, the Covid-19 pandemic has caused economic turmoil and uncertainty different from the financial crisis in 2008.

It was a moment that many had been anticipating for years, yet the latest crop of V&E partners didn’t fete their promotions with parties and champagne. Instead they fielded congratulatory phone calls, took part in virtual coffee breaks and held small celebrations at home with their families. But pandemic-related complications notwithstanding, the new partners —…

Joining a big law firm was the last thing on Emily Stephens’s mind when she reached out to V&E partner John Grand last September. Stephens, a 14-year veteran of V&E client Oaktree Capital Management, was getting ready to launch her own law firm advising fund sponsors on fund formation. She was hoping Grand, who represents private equity…

The coronavirus pandemic has upended nearly every corner of the world — and shareholder activism is no exception. As companies struggled to survive in the early weeks of the crisis, activists hit the pause button, fearful of appearing opportunistic and insensitive. Stock market volatility, economic uncertainty, and a slowdown in the M&A market further deterred activists…

On September 23, 2020, the Securities and Exchange Commission (“SEC”) adopted amendments to modernize Rule 14a-8, which governs the process for shareholder proposals to be included in a company’s proxy statement.