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The ongoing recession has led lawmakers and the SEC alike to focus on limiting perceived excessive risk-taking and improving the accountability of boards of directors to shareholders. Many believe these issues have contributed to the huge declines in shareholder value experienced during the downturn. This focus has yielded a range of ideas, although none more controversial than the SEC's recently proposed rules to permit shareholders to include their director nominees in a company's proxy statement.
The SEC's proxy rules ' Rule 14a-8 specifically ' currently permit shareholders to propose only a limited number of items for inclusion in a company's proxy statement. These do not include proposing nominees for the company's board of directors. As a result, in order to propose a director nominee, shareholders are forced to print and distribute their own proxy statement, and to solicit proxies in opposition to management. The cost of this exercise is often high ' far higher than it would be if a shareholder could include its nominees in the company's proxy statement.
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On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
When we consider how the use of AI affects legal PR and communications, we have to look at it as an industrywide global phenomenon. A recent online conference provided an overview of the latest AI trends in public relations, and specifically, the impact of AI on communications. Here are some of the key points and takeaways from several of the speakers, who provided current best practices, tips, concerns and case studies.