| 23.12.2009 Opalesque Exclusive: Corporate boards advised to take pre-emptive steps against activist hedge funds as SEC's Schapiro indicates push for changes to shareholder rights in early 2010 |
| From the Opalesque team: On Wednesday SEC Chairman Mary Schapiro indicated an early 2010 focus on increasing shareholder rights (see: Source), a topic which has not received a great deal of attention since the spring. Expectations for imminent changes has spurred law firms such as New York-based Wachtell Lipton Rosen & Katz to advise corporate clients to take pre-emptive takeover steps fro |