Yair Even-Tal

Venable LLP

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Delaware Court of Chancery Denies Preliminary Injunction Motion to Mandate a Stockholder's Nominees Stand for Election and Require...

The Delaware Court of Chancery has denied a preliminary, mandatory injunction motion to compel Ocean Power Technologies, Inc. ("Ocean Power") to permit one of its stockholders' nominees to stand for election at the next...more

12/13/2023  /  Board of Directors , Bylaws , Corporate Governance , Disclosure Requirements , Net Operating Losses , Proxy Statements , Shareholders

SEC Clarifies Proxy Rules of the Road

On November 17, 2023, the Division of Corporation Finance of the Securities and Exchange Commission ("SEC") issued new and revised proxy-related compliance and disclosure interpretations ("CDIs") that provide guidance on the...more

12/1/2023  /  C&DIs , Corporate Governance , Disclosure Requirements , New Guidance , Proxy Season , Proxy Statements , Securities and Exchange Commission (SEC) , Shareholder Votes , Universal Proxy Cards
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