Proxy Contest Preparation


Summary

This Practice note discusses rules, laws, and strategies relating to a company's preparation for a proxy contest. The phrase "proxy contest" refers to a proxy solicitation by one party in opposition to a solicitation by another party, most often an issuer. Proxy contests can relate to a variety of issues, including a contested election of directors, corporate governance provisions, control of the company subject to the contest, or some combination of all of these issues.