Doug Chia

The Shareholder Poet

In what may be an annual meeting first, a shareholder proponent recited an original poem to present their proposal.

Doug Chia

Staff 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 Chia

VSM Proposals: Soup and Crackers

The virtual shareholder meeting related proposal votes are in, and the results are interesting.

Doug Chia

Staff Legal Bulletin 14L: No More Nexus

Shouldn’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 Chia

(First in a Series of) Thoughts on Staff Legal Bulletin No. 14L

The term “significant policy issue” doesn’t appear anywhere in Rule 14a-8. So, where does this exception come from?

Doug Chia

Update on VSM-Related Proposals

The SEC staff has posted the letter it sent to Brinker International regarding The Humane Society's VSM shareholder proposal.

Doug Chia

The Virtual Annual Meeting Shareholder Proposals!

The SEC staff appears to have flipped the script on shareholder proposals about virtual shareholder meetings.

Doug Chia

When It's Your Turn to Speak, Here's What You Must Say

Stories about issuers’ placing strict substantive limits on presenting shareholder proposals at VSMs.

Doug Chia

Notes from the Wells Fargo 2020 (Virtual) Annual Meeting

Over the next few weeks, I'll be posting notes from a number of virtual annual meetings. Today, it was Wells Fargo & Company.

reports from corporate governance land