Steve Wolosky, Kenneth Mantel and Dorothy Sluszka Advise Elliott Investment Management LP on Reshaping of Norwegian Cruise Line Holdings Board of Directors

The Deal (subscription requited), Reuters, Wall Street Journal, Barron’s (subscription required) and Investing.com reported on the dramatic reshaping of the board of directors of Norwegian Cruise Line Holdings following Norwegian’s engagement with Olshan client Elliott Investment Management LP. Norwegian appointed five new highly-qualified independent directors and four legacy directors resigned, resulting in a refreshed board of nine directors, and the board appointed a new Chairman and Lead Independent Director, and reconstituted its committees. Elliott and Norwegian also entered into a Cooperation Agreement. Chair Emeritus of Olshan’s Shareholder Activism Practice Steve Wolosky and Shareholder Activism partners Kenneth Mantel and Dorothy Sluszka represented Elliott in this matter.