Harvard Law School Forum on Corporate Governance and Financial Regulation
Activists are Hereby on Notice: Board Authority to Reject Deficient Director Nominations
April 16, 2018
In a closely watched decision, the Superior Court of Washington for King County in Blue Lion Opportunity Master Fund, L.P. vs. HomeStreet, Inc., No. 18-2-06791-0 SEA, affirmed the authority of a corporation’s board of directors to reject a notice of director nominations and shareholder proposals for failure to comply with an advance notice bylaw.
Contacts
Capabilities
Suggested News & Insights
Earnouts, AI, and Equitable Remedies: Delaware Court Reinstates CEO and Extends Payout ClockMarch 31, 2026Parties to Delaware LLC Agreements Cannot Circumvent Fiduciary Duty Waivers via Implied Covenant of Good Faith and Fair DealingMarch 27, 2026Sidley Recognized in Legal 500 EMEA 2026March 25, 2026Private Equity Investment in U.S. Law Firms (Part II): Deal Architecture, Regulatory Boundaries, and the Lender PlaybookMarch 25, 2026Fifth Circuit Holds U.S. FTC’s In-House Adjudication of Deceptive Advertising Claim Unconstitutional Under JarkesyMarch 24, 2026Activist That Encouraged Merger Only To Change Its Mind Denied “Extraordinary Remedy” Of A Deal InjunctionMarch 18, 2026
- Stay Up To DateSubscribe to Sidley Publications
- Follow Sidley on Social MediaSocial Media Directory