Kumho Resort Golf Club Park Chul Whan, the largest individual shareholder and a managing director, pushing to reform Kumho Petrochemical Co. Ltd.’s (ticker: 011780.KS) corporate governance and boost its value; Company is led by his uncle Looks to boost market...

V&E Counsel Sarah Fortt and Partner Margaret Peloso By Sarah Fortt and Margaret Peloso Over the past few weeks, there has been a flurry of SEC ESG-related developments.  As we predicted, the current SEC acting chair has wasted no time...

By Jarrett Banks and John Jannarone Proxy advisor Glass Lewis became the second major proxy advisor to recommend shareholders vote in favor of an investigation into allegations that investors were pressured ahead of last year’s annual general meeting. Institutional Shareholder Services Inc. (ISS)...

Flow Water Inc. going public on TSE by merging with RG One Corp., potential U.S. listing could follow Flow Alkaline Spring Water is a premium water wellness brand, sold throughout North America New CEO Maurizio Patarnello previously ran Nestle’s global...

By Jarrett Banks and John Jannarone Proxy advisor Institutional Shareholder Services Inc. (ISS) said Toshiba Corp. shareholders should vote in favor of a proposed independent investigation into allegations that investors were pressured ahead of last year’s annual general meeting. There is an “urgent...

By Sarah Fortt and Margaret Peloso General counsels are often charged with a complex collection of duties, responsibilities and poorly defined issues to worry about, and with the rise of public interest in ESG matters, navigating ESG considerations has been...

Toshiba Corporation’s 1 Trillion Yen ($9.5 Billion) Investment Plan Blindsided Shareholders Toshiba Sets Operating Income as Growth Target at Potential Expense of Shareholder Value Toshiba CEO Kurumatani Resists Modern Corporate Governance Standards Other Japanese Companies Have Taken Far Bigger Strides...

Lawrence Elbaum and Patrick Gadson, Co-Heads of Shareholder Activism at Vinson & Elkins By CorpGov Editorial Staff FactSet has named Vinson & Elkins’ Shareholder Activism practice as No. 1 in public company defense, the fifth year running that V&E has been given...

By John Jannarone It didn’t work in Washington, but some companies continue to believe that ignoring the outcome of a vote might be acceptable on Wall Street. The latest unfortunate example is Enzo Biochem, Inc., a company founded in the...

  By Charlotte Kiaie and Rachel Goun, Esq. As the 2021 proxy season looms, activist investors and public companies must recognize that environmental, social and governance factors will have an outsized impact on contested elections. Throughout 2020, the world’s largest...