• What Does Proxy Access Mean Today?
  • October 17, 2011
  • Law Firm: Sutherland Asbill Brennan LLP - Washington Office
  • Shareholders may be able to gain access to companies’ proxy statements through shareholder proposals, even though the Securities and Exchange Commission’s (the SEC’s) proposed Rule 14a-11 was overturned by the courts. Therefore, companies should consider whether they need to take steps to prepare for shareholders seeking to propose their own directors. This Legal Alert discusses the rules governing a shareholder proposal that seeks to institute proxy access procedures (a proxy access proposal) and how companies should prepare for the upcoming proxy season.