McDermott Will & Emery Discusses ISS Issuance of Acceptable Parameters for Proxy Access Provisions
The CLS [Columbia Law School] Blue Sky Blog
David Cifrino, Thomas Conaghan, Thomas Murphy, Eric Orsic and Heidi Steele wrote this bylined article on new guidelines that Institutional Shareholder Services Inc. (ISS) will use to assess management response to shareholder-supported proxy access proposals. The authors wrote that the ISS move “lets both proponents and companies know where ISS will fall in any debate between a proponent and management as to the proper parameters of a ‘fair’ proxy access provision. Read the full article.