Wednesday, April 29, 2020
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It's been seven weeks since the WHO declared the coronavirus outbreak a pandemic, and the NBA cancelled games. As of this writing, the NY Post reports: Total cases globally = 3,116,398; Deaths = 217,153.
"the Oxford Business Law Blog has published posts on how Business Laws could contribute to containing the effects of the COVID-19 Pandemic, and on how they need (or need not) to be adapted to achieve the desired effect" https://t.co/X5C99N4fhx #corpgov— Stefan Padfield (@ProfPadfield) April 27, 2020
1/2: "Boeing SHs today rejected a SH proposal calling on the company to consider viewpoint diversity when it seeks new board candidates"; "Pepsi, CVS, Walmart, Gap, Walgreens, Prudential & JPMorgan Chase have adopted @FreeEntProject’s proposal." https://t.co/FomUCvhpkO #corpgov— Stefan Padfield (@ProfPadfield) April 27, 2020
2/2: "'For years, ISS has urged its clients to approve ... liberal board diversity resolutions .... However, it is rejecting our call for viewpoint diversity,' notes Shepard. 'This is a clear demonstration that ISS is not ... politically neutral'" https://t.co/FomUCvhpkO #corpgov— Stefan Padfield (@ProfPadfield) April 27, 2020
Glass Lewis "highlighted its support for the board of directors of a company that recently adopted a rights plan with a 5% trigger (which conversely led ISS to recommend against the election of chairman of the company’s board)." https://t.co/169lHlkO3Z— Stefan Padfield (@ProfPadfield) April 26, 2020
"EU Taxonomy on Sustainable Finance provides performance thresholds for identifying environmentally sustainable" activities; "Large companies must disclose the percentage of turnover (revenue), capital expenditure & operating expenses qualifying as environmentally sustainable." https://t.co/eIZizNyylJ— Stefan Padfield (@ProfPadfield) April 26, 2020