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November 30, 2009 |

Say on Pay: Less May Be More

Janet Fisher and Arthur Kohn, partners at Cleary Gottlieb Steen & Hamilton, and Katie Sykes, an associate with the firm, write that a multi-year approach to say on pay votes may be more effective in promoting pay accountability, while alleviating some of the disadvantages and practical difficulties of annual votes. The recent adoption by Microsoft, Prudential and Pfizer of this approach may give it new momentum, if only because it balances more effectively the interests of shareholders in greater accountability with the interests of companies in a constructive communication process that acknowledges the board's ultimate responsibility for executive pay decisions.
12 minute read
October 29, 2009 |

2009 Proxy Season Review And a Look Ahead to 2010

David A. Katz, a partner at Wachtell, Lipton, Rosen & Katz, and Laura A. McIntosh, a consulting attorney for the firm, write: Although 2009 was more notable for legislative and regulatory corporate governance initiatives than for shareholder activism, the recently concluded proxy season produced several potentially significant results. As might be expected, executive compensation issues attracted a large number of shareholder proposals and a significant degree of shareholder support. In the general category of corporate governance, a few topics appeared to be increasingly popular with shareholders: the right to call special meetings, the majority election of directors and independent board chairmanship.
16 minute read
November 01, 2006 |

Temperament, conflicts mark debate

Presiding Justice Carol W. Hunstein and challenger J. Michael Wiggins covered familiar territory during a debate over Hunstein's seat on the Supreme Court of Georgia.Hunstein said Wiggins' behavior during a family dispute in Alabama called into question his judicial temperament. Wiggins described Hunstein as a puppet of the plaintiffs' bar.
15 minute read
September 27, 2010 |

Dodd-Frank: Selected Provisions Applicable to Executive Pay

In his Executive Compensation column, Joseph E. Bachelder III,, a partner in the Law Offices of Joseph E. Bachelder, LLP, writes that the provisions in Dodd-Frank that affect the executive pay process quite arguably will have the broadest and most significant impact on that pay process of any set of new rules ever contained in one law.
15 minute read
October 10, 2008 |

Associates Class of 2008

Our ninth annual magazine devoted to new associates at New Jersey law firms.
79 minute read

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