December 17, 2008

Updated “Proxy Season” Practice Area, New D&O Questionnaires and More

As we do every year, we have updated our “Proxy Season” Practice Area (thanks to Julie Hoffman) – including posting these memos that raise considerations for this proxy season.

In addition, we have posted a new set of D&O questionnaires – as well as a new proxy statement compliance checklist and a mock-up proxy statement (which serves as an aid to help review already-existing drafts). As always, our sample documents come with a disclaimer that you need to make your own legal analysis.

Some Thoughts on RiskMetrics’ 2009 Policy Updates

A few weeks ago, I noted that RiskMetrics had released its set of 2009 policies. In our “Proxy Advisors” Practice Area, we have posted a slew of memos analyzing the policy changes.

Tune in early next month to hear Pat McGurn of RiskMetrics’ ISS Division discuss these new policies in the webcast: “Forecast for 2009 Proxy Season: Wild and Woolly.” Note that the webcast date has been moved up to Monday, January 12th. Since all memberships expire at the end of this month, you will need to renew by January 7th to access any content on, including this webcast.

Doing IPOs in a Troubled Market

In this podcast, Steve Pidgeon and David Lewis of DLA Piper discuss the recent IPO for Grand Canyon Education, including:

– Why was Grand Canyon able to go public in this market?
– How long did it take the company to get to market? In other words, were there delays along the way?
– What sort of celebration ensued when the IPO finally happened?
– What words of wisdom do you have for other companies considering going public in a down market?

– Broc Romanek