COVID-19: Considerations for 2020 Annual Shareholders Meetings

On March 23, 2020, Cravath prepared for its clients a presentation entitled “COVID‑19: Considerations for 2020 Annual Shareholders Meetings,” which discusses factors for U.S. public companies to weigh and alternatives to keep in mind as they consider the growing global concern around the COVID‑19 pandemic and their ability to host annual shareholder meetings. The presentation discusses the various types of shareholder meetings and relevant restrictions imposed by states, as well as other factors including travel restrictions and the risk of potential exposure for attendees that are likely to affect a company’s ability to hold such gatherings. The presentation also explores how these factors interact with legal considerations around shareholder meetings, including those related to securities and Delaware law and stock exchange requirements.

Please click here to read the presentation.