How Three Years of the SEC’s Universal Proxy Card Have Changed Proxy Contests

How Three Years of the SEC’s Universal Proxy Card Have Changed Proxy Contests Author take Punchy: A data-first reality check — universal proxy cards have reshaped contests so activists win more often but almost always only a little. Summary The SEC’s universal proxy card (UPC), effective 1 September 2022, lets shareholders mix-and-match management and dissident […]

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Do Shareholders Have a Say on Say-on-Pay?

Do Shareholders Have a Say on Say-on-Pay? Summary Say-on-pay (SOP) votes — advisory votes on the prior year’s executive pay — continue to pass at unexpectedly high rates despite public criticism of rising CEO compensation. Egan-Jones note that only four S&P 500 companies failed SOP votes in 2024 and, as of 26 June 2025, only […]

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Dealing with Activist Hedge Funds and Other Activist Investors

Dealing with Activist Hedge Funds and Other Activist Investors Summary This detailed memo reviews the 2025 shareholder activism landscape and provides practical guidance for companies, boards and management on prevention, monitoring, response and resolution. Activism remains elevated across industries and company sizes; campaigns can be multi-year, coordinated or simultaneous, and range from operational fixes to […]

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Mastering Boardroom Communication: Five Essentials for Executives

Mastering Boardroom Communication: Five Essentials for Executives Summary Executive–board interactions shape leadership credibility and business outcomes. This piece distils five essentials for effective board engagement: invest in relationships with directors; know the board’s composition and priorities; prepare concise, board-level pre-reads and a clear presentation storyline; manage meeting time and discussion flow; and continue the conversation […]

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OPINION: New White House executive order casts a shadow on Nevada’s important bail reforms

OPINION: New White House executive order casts a shadow on Nevada’s important bail reforms Summary M. Eve Hanan, a criminal law academic and former public defender, warns that a recent White House executive order targeting so-called “cashless bail” threatens to undermine Nevada’s carefully crafted bail reforms. The order threatens to cut federal funding from jurisdictions […]

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Founders’ takes: AI isn’t the end of developers — it’s their evolution

Founders’ takes: AI isn’t the end of developers — it’s their evolution Summary Steven Kleinveld of Skylark argues that AI is not a replacement for developers but an accelerant. While vibe coding and no-code tools let people spin up MVPs quickly, they hit limits around complexity, reliability, security and scalability. Developers who learn to work […]

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Reclaiming the stack: Europe’s bid for digital sovereignty

Reclaiming the stack: Europe’s bid for digital sovereignty Summary The article outlines Europe’s growing push for digital sovereignty as a strategic response to deep dependencies on US hyperscalers and the geopolitical risks that accompany them. It highlights recent national moves — France backing sovereign cloud providers, Germany reducing reliance on non‑European vendors, and Denmark migrating […]

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