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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
Authors
Kai H.E. LiekefettCharlotte K. Newell

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.

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Contacts

Liekefett, Kai H.E.
合伙人律师
Newell, Charlotte K.
合伙人律师

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