SEC’s Unbundling Rules Get Breath Of Life

Law360, New York (May 17, 2013, 3:15 PM EDT) -- The U.S. Securities and Exchange Commission’s “unbundling” requirements have largely been the stuff of SEC lore — periodically referred to but rarely seen in corporate governance matters. However, thanks to the high profile dispute between David Einhorn’s Greenlight Capital and Apple, the unbundling rules may finally be coming out of the shadows. As a result, companies should carefully consider their application when preparing their proxy materials, especially those that may come under attack by shareholder activists.

Background on the Unbundling Rules

The SEC’s unbundling rules effectively...
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