September 24, 2009 | New York Law Journal
Corporate GovernanceDavid A. Katz, a partner at Wachtell, Lipton, Rosen & Katz, and Laura A. McIntosh, a consulting attorney for the firm, write that just as the Enron and other high-profile corporate scandals were seen as resulting from a lack of ethics and oversight, the credit market meltdown and resulting financial crisis have been blamed in large part on inadequate risk management by corporations and their boards of directors.
By David A. Katz and Laura A. McIntosh
14 minute read
July 25, 2008 | Law.com
Delaware Decision Highlights Need for Director ProtectionThe surprising result in a recent Delaware case may cause directors to question whether their rights to indemnification and advancement of expenses are secure, particularly once they have retired from a board of directors. Attorneys David A. Katz and Laura A. McIntosh say companies should take this opportunity to ensure that their indemnification bylaws are appropriately drafted.
By David A. Katz and Laura A. McIntosh
12 minute read
May 24, 2007 | New York Law Journal
Corporate GovernanceDavid A. Katz, a partner at Wachtell, Lipton, Rosen & Katz, and Laura A. McIntosh, a consulting attorney for the firm, write that although stockholder meetings for the most part have been quieter this year, the two corporate governance issues receiving the most attention during the 2007 proxy season were stockholder proxy access and stockholder voting on executive compensation.
By David A. Katz and Laura A. McIntosh
10 minute read
September 27, 2007 | New York Law Journal
Corporate GovernanceDavid A. Katz, a partner at Wachtell, Lipton, Rosen & Katz, and Laura A. McIntosh, a consulting attorney for the firm, write that the dark cloud of the international credit crunch caused by the United States' subprime mortgage defaults may yet have a small silver lining for public companies: the real possibility of a decline in hedge fund activism.
By David A. Katz and Laura A. McIntosh
10 minute read
May 25, 2006 | New York Law Journal
Corporate GovernanceDavid A. Katz, a partner at Wachtell, Lipton, Rosen & Katz, and Laura A. McIntosh, a consulting attorney at the firm, write that every decade needs a villain. In the 1980s, it was corporate raiders. In the 1990s, it was corrupt executives. And in the 2000s, it appears to be activist hedge funds. Hedge funds have become major players in both corporate governance activism and financial activism.
By David A. Katz and Laura A. McIntosh
18 minute read
October 05, 2007 | The Recorder
Hedge Fund Activism Takes a HitAmid turmoil in the credit market, one welcome change has to do with the increased constraints put on hedge fund activists.
By David A. Katz and Laura A. McIntosh
9 minute read
December 30, 2010 | New York Law Journal
Focus in 2011 Will Remain on Executive CompensationWachtell, Lipton, Rosen & Katz's David A. Katz and Laura A. McIntosh review some of the legislative and regulatory events and key trends of 2010 that are expected to have an impact over the next year, including Dodd-Frank's effect on say-on-pay, the revised proxy policies of Institutional Shareholder Services, and more.
By David A. Katz and Laura A. McIntosh
11 minute read
March 30, 2006 | Law.com
Making an Issue of Director CompensationDirector compensation, like executive compensation, is an important corporate governance issue today. With increased responsibilities and perceived greater risk of personal liability, board members are working harder, are serving on fewer boards and are more committed to their directorships than ever before. Corporate boards can take advantage of advisory organizations' guidelines to create a tailored director compensation policy with essential rules about compensation disclosures.
By David A. Katz and Laura A. McIntosh
13 minute read
July 29, 2009 | Corporate Counsel
Populists' Wish Lists Offer Legislative Parade of HorriblesIn recent weeks, regulators and lawmakers have proposed a dizzying array of reforms that, if implemented, would exacerbate short-termism, undercut directorial discretion, further empower shareholder activists, and impose unnecessary and potentially costly burdens on public companies, according to attorneys David A. Katz and Laura A. McIntosh, who say few of the proposed reforms are truly new and nearly all are ill-conceived.
By David A. Katz and Laura A. McIntosh
24 minute read
May 27, 2010 | New York Law Journal
Senate Bill Adversely Affects the LandscapeIn their Corporate Governance Update column, David A. Katz, a partner at Wachtell, Lipton, Rosen & Katz, and Laura A. McIntosh, a consulting attorney at the firm write that the final version of the financial reform bill adopted by the Senate last week included a number of corporate governance and executive compensation provisions that would apply to all U.S. public companies, a situation which they caution would impose an unproductive "one size fits all" approach.
By David A.Katz and Laura A. McIntosh
13 minute read
Trending Stories