Harvard Law School Forum on Corporate Governance Publishes “Universal Proxy Rules: Roadmap for Annual Meetings” Client Alert

Harvard Law School Forum on Corporate Governance, the top online resource for discourse on corporate governance, recently published an article authored by Co-Chair of the firm’s Shareholder Activism practice Andrew Freedman, Partner Kenneth Mantel, and Associate Ian Engoron entitled “Universal Proxy Rules: Roadmap for Annual Meetings.” The article discusses the new U.S. Securities and Exchange Commission universal proxy rules for director elections set to take effect for stockholder meetings held after August 31, 2022. This article provides a “roadmap” to guide stockholders considering director candidate nominations, which covers general issues and timeframes for the nomination and proxy solicitation process under the new universal proxy regime.