Canadian proxy system flawed say lawyers

October 22, 2010, at 11:35 am

The Canadian proxy voting system is fundamentally flawed says Canadian law firm Davies Ward Phillips & Vineberg LLP. In a forthcoming white paper the firm has, in its words: ”uncloaked the mystery surrounding the proxy voting system in Canada.”  

Canadian proxy voting is circuitous and results in complicated communications between issuers and investors that lack transparency …… continue reading >>

Category: X-Border Barriers | Tags: ,

Wyser-Pratte challenges outcome of Lagardère AGM

June 18, 2010, at 7:23 pm

The activist shareholder Guy Wyser-Pratte has challenged the outcome of the AGM of Lagardère, held on 27 April, and requested the French market regulator, the AMF, to verify the procedures for the transmission of the votes submitted to the meeting.

In a letter dated 8 June 2010, Wyser-Pratte states that he has …… continue reading >>

Category: Hot Issues, X-Border Barriers | Tags: , , , , ,

US proxy season - contested elections and Euro activists

March 19, 2010, at 10:22 am

Euro investor activism at US firms continues

International pension funds appear ready to continue to pressure U.S. companies to appoint independent board chairs, a leadership structure now commonly adopted by European boards but still relatively rare in the United States. According to research by Proxy Governance  only 25% of U.S. companies now have an …… continue reading >>

Category: Activism, Voting Results | Tags: , ,
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