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Corporate & Securities Law
: BusinessAssociationsBlog.comCommentary on CA v AFSCME
By Stephen Bainbridge
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The Harvard Corporate Governance blog collects commentary from several of its resident bloggers. Money quote from Ted Mirvis:
The director-centric view won.
As for complaints elsewhere that the decision is a body blow to shareholder activism, JW Verret offers the following measured insight:
Technically this is a loss for AFSCME, but the opinion should be considered a measured victory for...[continued on site]
Full post as published by BusinessAssociationsBlog.com on July 19, 2008 (boomark / email).
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