Alexandra Korry, Joe Frumkin and Jason Tyler Co-author Article for Thomson Reuters Accelus

March 21, 2013

On March 21, Thomson Reuters Accelus published the article, “U.S. boards have higher barrier to blocking dissident slates, under Delaware ruling in hedge-fund case,” co-authored by Ms. Korry, and Messrs. Frumkin and Tyler. The article explores the implications of a recent decision by the Delaware Court of Chancery enjoining the board of SandRidge Energy, Inc. from impeding a consent solicitation by one of the company’s largest stockholders to replace the incumbent directors because the board had refused to neutralize a “proxy put” in the company’s public notes.