S&C Critical Insights – Dual-Class Stock Structures

October 25, 2019



In this S&C Critical Insights episode, S&C partner Krishna Veeraraghavan and associate Bradley King discuss the current debate regarding dual-class stock structures.
 
Brought to the public’s attention in WeWork’s recently stalled IPO, dual-class stock structures allow a founder or other company insider to retain majority voting control of a company after its IPO. In this podcast, Krishna and Brad explain what a dual-class stock structure is, the pros and cons of this structure and summarize the current debate.
 
Recognized as “Dealmaker of the Year” and twice named “Dealmaker of the Week” by The American Lawyer, Krishna has a broad multidisciplinary practice that includes extensive experience in mergers and acquisitions and corporate governance. He has been engaged in many high profile matters that include activism, cross-border transactions, leveraged buyouts, proxy contests and unsolicited bids as an adviser to global leaders such as Amazon, AB InBev, AT&T, BHP Billiton, Praxair and Teva Pharmaceuticals. Krishna regularly counsels boards of directors and board committees on corporate governance, crisis management and matters affecting corporate policy and strategy. He is an adjunct professor at Columbia Law School.

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