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Steel Partners Japan Wins Proxy Contest

May 29, 2009

Olshan's client Steel Partners Japan scored a rare victory for shareholder activism in Japan as shareholders of Aderans Holdings, a Japanese wig maker, elected to Aderans' board of directors all of Steel Partners' candidates and rejected the candidates from Unison Capital Inc., a private equity firm that was supported by Aderans management. The Wall Street Journal, Forbes and the Financial Times, among other national and international media sources, covered the story.

Steve Wolosky and Kenneth M. Silverman comprise the Olshan team that represents Steel Partners Japan.

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