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06 Nov. 2012 | Comments (0)

[caption id="attachment_2417" align="alignright" width="212"]Lucian A. Bebchuk & Martin Lipton Lucian A. Bebchuk & Martin Lipton[/caption] On Tuesday, November 13, The Conference Board Governance Center is hosting a debate between Lucian Bubchuk from Harvard Law School and Marty Lipton from the law firm Wachtell, Lipton, Rosen & Katz. The question is whether activist investors should be required to give public companies quicker notice of their accumulation of stock once they have reached a 5% threshold. Current U.S. law requires notice within 10 days of reaching this threshold. Mr. Lipton’s firm has filed a petition with the SEC to shorten this period and Mr. Bebchuk has taken the position that existing evidence does not support SEC adoption of the proposed change. Our guests will lay out their positions and debate the issues. As the Harvard Law School Forum on Corporate Governance and Financial Regulation noted in its post today, Tuesday’s debate will be the fourth time that Mr. Bebchuk and Mr. Lipton have engaged in the area of Corporate Governance. In advance of the program, the following materials are being provided: The Petition: From Mr. Bebchuk: From Mr. Lipton: If you would like to attend the November 13 debate, please register online by close of business on Wednesday, November 7.
  • About the Author:Marcel Bucsescu

    Marcel Bucsescu

    Marcel Bucsescu is a Co-Program Director of The Conference Board Chief Legal Officers Council. Bucsescu has also served Executive Director of the Ira M. Millstein Center for Global Markets and Corpora…

    Full Bio | More from Marcel Bucsescu


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