Today we continue our weekly installment highlighting the best of the corporate and securities blogosphere for the past week. If you have other blog suggestions for us to check out, please feel free to put them in the comments!
1) Insight: Will Investors File Proxy Access Proposals in 2012? – In this post, Ted Allen discusses the possibilities that are still open for investors under Rule 14a-8. If the SEC lifts its stay on its Rule 14a-8 amendments, shareholders will be able to submit access bylaw proposals in 2012 and Allen discusses the pros and cons of this.
2) The D&O Diary: Cornerstone Research Releases Mid-Year 2011 Securities Class Action Litigation Study – If you’re wondering what the latest trends in securities litigation are, Kevin LaCroix has the answers in his discussion of this study. Results include a decrease in credit-crisis filings, an uptick in M&A litigation and more suits against Chinese companies.
3) HLS Forum on Corporate Governance & Financial Regulation: Hype and Reality in the Dodd-Frank Whistleblower Rules – In this post, Wachtell’s John Savarese addresses the fears that have struck many companies since the whistleblower rules were finalized. He thinks it’s time to “take a deep breath and examine what is real and what is hype.”
4) Dodd-Frank.com: Speculation, Inconsistencies and Bad Math Kill Proxy Access – Last Friday the D.C. Circuit struck down the SEC’s proxy access rule 14a-11. In this post, Steve Quinlivan breaks down the many flaws the Court found in the SEC’s rulemaking in this area.
5) ONSecurities: Circuit Court Strikes Down Proxy Access Rule; What Will the SEC Do? – Another proxy access discussion but this one by Marty Rosenbaum goes past the decision and discusses what options are now available to the SEC after their defeat in the D.C. Circuit. These include appeals, re-adoption of Rule 14a-11 and what to do with Rule 14a-8.