Posts by By Martin Lipton, Andrew R. Brownstein, Partner, Steven A. Rosenblum, Trevor S. Norwitz, Karessa L. Cain, Partner, Sabastian V. Niles, and Sara J. Lewis (Wachtell Lipton Rosen & Katz)
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Taking Short-Termism Seriously: A Response to Charles Nathan (09.12.16 )
The Conference Board Governance Center has been heavily engaged in the current discussion in the marketplace on “long-termism versus short-termism,” most notably with our publication of the report “Is Short-Term Behavior Jeopardizing the Future Prosperity of Business.” At the Governance Center, we believe in presenting differing points of view. The following is a response from lawyers […]
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Some Thoughts for Boards of Directors in 2015 (12.01.14 )
By Marty Lipton, Partner, Wachtell, Lipton, Rosen & Katz, Steven A. Rosenblum, Partner, Wachtell, Lipton, Rosen & Katz, and Karessa L. Cain, Partner, Wachtell, Lipton, Rosen & Katz The challenges that directors of public companies face in carrying out their duties continue to grow. The end goal remains the same, to oversee the successful, profitable and […]
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A Response to Bebchuk and Jackson’s Toward a Constitutional Review of the Poison Pill (03.14.14 )
By Martin Lipton, Partner, Wachtell, Lipton, Rosen & Katz; Michael W. Schwartz, Of Counsel, Wachtell, Lipton, Rosen & Katz; Theodore N. Mirvis, Partner, Wachtell, Lipton, Rosen & Katz; George T. Conway III, Partner, Wachtell, Lipton, Rosen & Katz; Jeffrey M. Wintner, Partner, Wachtell, Lipton, Rosen & Katz; William Savitt, Partner, Wachtell, Lipton, Rosen & Katz A Note […]
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Key Issues for Directors in 2014 (12.10.13 )
By Marty Lipton, Partner, Wachtell, Lipton, Rosen & Katz For a number of years, as the new year approaches I have prepared for boards of directors a one-page list of the key issues that are newly emerging or will be especially important in the coming year. Each year, the legal rules and aspirational best practices for […]
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Empiricism and Experience; Activism and Short-Termism; the Real World of Business (10.27.13 )
By Marty Lipton, Partner, Wachtell, Lipton, Rosen & Katz Harvard Law School Professor Lucian Bebchuk believes that shareholders should be able to control the material decisions of the companies they invest in. Over the years, he has written numerous articles expressing this view, including a 2005 article urging that shareholders should have the power to initiate […]