Martin Lipton
Posts by Martin Lipton
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Important Questions About Activist Hedge Funds (03.15.13 )
By Marty Lipton, Partner, Wachtell, Lipton, Rosen & Katz Note from the Blog Editors: Last week on this blog we posted an article that favorably viewed the role of activists in the governance of public companies. This week we are posting an article questioning the value of activist involvement in the governance of public companies and will be [...]
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ISS Governance QuickScore: Back to the Future (01.30.13 )
By Marty Lipton, Partner, Wachtell, Lipton, Rosen & Katz ISS, the dominant proxy advisory firm, recently unveiled its new ISS Governance QuickScore product, which will replace its Governance Risk Indicators (“GRId”) next month. ISS asserts that QuickScore is an improvement on the GRId product because it is “quantitatively driven” (with a “secondary policy-based overlay”). Using an [...]
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Some Thoughts for Boards of Directors in 2013 (12.17.12 )
I. INTRODUCTION The years since the onset of the financial crisis have served to further increase the demands on and scrutiny of public company boards of directors. The assault on the director-centric model of corporate governance continues in the shareholder activist and political arenas, and the challenges of planning for and investing in the long-term health of the [...]
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The Spotlight on Boards (11.25.12 )
The ever evolving challenges facing corporate boards prompts an updated snapshot of what is expected from the board of directors of a major public company – not just the legal rules, but also the aspirational “best practices” that have come to have almost as much influence on board and company behavior – for consideration in [...]