Marty Lipton is a founding partner of Wachtell, Lipton, Rosen & Katz, a firm specializing in mergers and acquisitions and matters of corporate policy and strategy. When Marty Lipton talks M&A strategy, people listen.
In a July 15th blog on the Harvard Law School Forum for Corporate Governance & Regulation Marty Lipton discusses the topic of handling institutional investor requests for access to independent directors. He begins by pointing to recent statements by institutional investors such as BlackRock and Vanguard that spell out their expectation that firms should give them access to independent directors or ideally adopt develop a policy for regular investor/director communications.
Marty Lipton offers several possible approaches to dealing with investor access to independent directors
In the blog, Lipton offers a number of suggestions on methods to facilitate shareholder access to independent directors:
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