Russian Abstract: Федеральный закон от 5 января 2006 г. «О внесении изменений в Федеральный закон “Об акционерных обществах” и некоторые другие законодательные акты...

After the 2008 recession it is difficult to imagine billions of dollars being invested in publicly-traded entities with little regulation of board conflicts and no fiduciary duty protection for investors, and yet that is precisely the case for more than $516 billion of investments. Investors...

Offensive shareholder activism (more commonly known as hedge fund activism) can be understood as a corrective mechanism in the governance of a public company. The legitimacy of offensive shareholder activism as a corrective mechanism is based on numerous empirical studies that have found this...

Russian Abstract: Президиум ВАС РФ готовит обзор практики рассмотрения споров, связанных с обжалованием решений общих собраний акционеров. В очередной раз проявились...

Russian Abstract: Свершилось: под занавес пленум ВАС РФ принял эпохальное постановление о свободе договора. Проблема, касающаяся определения того, диспозитивной или...

Russian Abstract: Автор исследует причины и последствия феномена сжатия договорной свободы в российской правоприменительной практике и с учетом принятого недавно...

A critical question faced by any sovereign seeking to raise funds in the bond market is whether to issue the debt under foreign or local parameters. This choice determines other key characteristics of any bond issue such as which banks, lawyers, and investors will be involved. Most important...

Crown jewel lock-up options, a common deal protection device during the 1980s mergers and acquisitions boom, are back. During their popularity in the 1980s, these options took the form of agreements between a target company and a buyer pursuant to which the buyer was granted the right to...

The integrity of shareholder voting is critical to the legitimacy of corporate law. One threat to this process is proxy “bundling,” or the joinder of more than one separate item into a single proxy proposal. Bundling deprives shareholders of the right to convey their views on each separate...