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20 Apr 2008, 7:23 am
A decade ago, the biggest Corp Fin-related controversy was the shareholder proposal’s “ordinary business” exclusion basis and the SEC Staff’s Cracker Barrel no-action letter under Rule 14a-8(c)(7) (the basis has since been renumbered to 14a-8(i)(7)). [read post]
14 Apr 2008, 4:41 am
A decade ago, the biggest Corp Fin-related controversy was the shareholder proposal's "ordinary business" exclusion basis and the SEC Staff's Cracker Barrel no-action letter under Rule 14a-8(c)(7) (the basis has since been renumbered to 14a-8(i)(7)). [read post]
28 Oct 2006, 1:43 pm
An SEC no-action letter and a federal district court ruling allowed the company to exclude the proposal based on rule 14a-8(i)(8), which allows the exclusion of a proposal relating to an election for membership on a company's board of directors. [read post]
