What If You Need to Change Your Annual Meeting Location or Date Due to the COVID-19 Coronavirus?
Now is the season when many public companies are planning for and getting ready to finalize, print and mail a proxy statement for the annual meeting. What if, unfortunately, a company needs to change the location or date of the meeting (or change to a virtual meeting if state law permits) due to developments relating to the coronavirus (COVID-19) outbreak?
Here is our current advice, based on our analysis of the SEC’s proxy rules and Delaware law, and taking a practical view in light of the emergency and dynamic nature of this situation.
This communication, which we believe may be of interest to our clients and friends of the firm, is for general information only. It is not a full analysis of the matters presented and should not be relied upon as legal advice. This may be considered attorney advertising in some jurisdictions. Please refer to the firm's privacy notice for further details.
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