Main Menu Jump to Content Search
News & Resources

Wolosky Helps Steel Partners Win Aderans Board Seat

June 30, 2008

The Financial Times ran an article regarding our client, Steel Partners Japan, and its win of a board seat on Aderans' board. Steel Partners Japan is Aderans' largest shareholder and led the movement previously to defeat the incumbent board's re-election in May 2008. This board seat win is the first time that a foreign investment fund has succeeded in both ousting the management of a Japanese company and having one of its own representatives join the board. Steve Wolosky, Kenneth M. Silverman, and Johnathan Duncan represent Steel Partners Japan in the Aderans matter.

Back to Page