Sidley represented InnerWorkings, Inc. (NASDAQ: INWK) in the successful amicable resolution of the client’s potential proxy contest with Engine Capital, L.P. and certain of its affiliates. Pursuant to the settlement agreement, Engine Capital withdrew its notice of intent to nominate three opposing director candidates, and the Company announced an intent to engage a third-party consultant to review the Company’s cost structure. A link to the press release is here.
Sidley’s corporate team was comprised of partner Kai H.E. Liekefett and senior counsel and Chairman Emeritus Thomas A. Cole, and associates Leonard Wood, Kathy Wang and Tanner L. Groce. Partners David F. Graham provided litigation advice and John Kelsh advised on executive compensation matters.