News & Analysis as of

Hedge Funds Board of Directors Shareholder Activism

Skadden, Arps, Slate, Meagher & Flom LLP

Court Upholds Legality of Poison Pills for Closed-End Funds but Limits Successive Plans

On March 28, 2025, the U.S. District Court for the Southern District of New York (SDNY) held that it was legal under the Investment Company Act of 1940 (1940 Act) for a closed-end fund to use a shareholder rights plan...more

Cooley LLP

Blog: Are Companies Now Quicker To Settle With Hedge Fund Activists?

Cooley LLP on

According to data collected by Reuters, companies are settling with hedge fund activists “at the fastest pace since the financial crisis. The average number of days it takes companies to reach a settlement with activists...more

Foley & Lardner LLP

Preparing a Company to Deal With Activist Investors

Foley & Lardner LLP on

It does not matter whether a company is approached by a single activist investor or a group of activist hedge funds, a company and its board should have a strategy prepared. In this video, Foley Partner Deepak Nanda discusses...more

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