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Full-Text Articles in Law
Book Review, Melvin M. Roberts
Book Review, Melvin M. Roberts
Cleveland State Law Review
Reviewing Howard L. Oleck, Modern Corporation Law, Vol. 1, Bobbs-Merrill Publishing Company, Inc., 1958
Shareholder Proxy Fight Expenses, Lawrence D. Stifel
Shareholder Proxy Fight Expenses, Lawrence D. Stifel
Cleveland State Law Review
Participation in the selection of directors of publicly held corporations requires expression through a proxy statement and involves costs of solicitation. Case decisions have firmly established management's right to use the corporate treasury for the proxy costs of a statement of its slate of candidates for directors, the rationale being that management and incumbent directors have a positive duty to inform the shareholders and to encourage voting. Dissident shareholder groups, on the other hand, have normally been required to bear their own proxy expenses. Recent case law has permitted successful insurgent stockholders to gain reimbursement of their proxy expenses from …
Book Review, Robert L. Lewis
Book Review, Robert L. Lewis
Cleveland State Law Review
Reviewing Howard L. Oleck, Modern Corporation Law, Vol. 2, Management of the Corporation, Bobbs-Merrill Co., Inc., 1959