Doug ChiaOct 30, 2023The Most Repulsive Shareholder Proposal EverThis proposal marks a new low for the NLPC and the anti-ESG movement. It is deplorable in every sense of the word.
Doug ChiaDec 14, 2021Staff Legal Bulletin 14L and the Significant Social Policy Exception: A Possible Solution?Determining what is a "significant social policy issue" under Rule 14a-8(i)(7) desperately needs a multi-pronged test.
Doug ChiaDec 1, 2021Staff Legal Bulletin 14L: No More NexusShouldn’t there be a nexus between a shareholder proposal and the company at which it is filed? The answer to this question seems obvious.
Doug ChiaNov 10, 2021(First in a Series of) Thoughts on Staff Legal Bulletin No. 14LThe term “significant policy issue” doesn’t appear anywhere in Rule 14a-8. So, where does this exception come from?
Doug ChiaOct 4, 2021Update on VSM-Related ProposalsThe SEC staff has posted the letter it sent to Brinker International regarding The Humane Society's VSM shareholder proposal.
Doug ChiaSep 28, 2021The Virtual Annual Meeting Shareholder Proposals!The SEC staff appears to have flipped the script on shareholder proposals about virtual shareholder meetings.