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Corporate & Securities Law

: BusinessAssociationsBlog.com

CA v. AFSCME: Should the SEC Have Raised the Question?

By Stephen Bainbridge

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A few years ago, the Delaware Legislature amended the state constitution to permit the Securities and Exchange Commission to request advisory opinions on Delaware corporate law from the Delaware Supreme Court. The SEC recently took Delaware up on its invitation, certifying a question arising out of an AFSCME effort to use the shareholder proposal power under rule 14a-8 to amend Computer...

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Full post as published by BusinessAssociationsBlog.com on July 14, 2008 (boomark / email).

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