Corporate Law Changes Could Ease Del. Proxy Battles

Law360, New York (February 27, 2009, 12:00 AM EST) -- A committee of the bar association in Delaware, where more than 60 percent of New York Stock Exchange-traded companies are registered, on Saturday proposed changes to the state's General Corporation Law that would make it easier for corporate boards to nominate their own slate of directors and stage a proxy vote, among other changes.

The rule changes are part of an annual review of Delaware corporate law and still need approvals from the full Delaware State Bar Association, the state's General Assembly and the governor. But...
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