Approval of CEO compensation via over-ruling requires addressing shareholders’ opposition
Capital Markets and Stock Exchange Regulations
Dispute Resolution
Business, Corporate and Joint Ventures
After the general assembly of shareholders in a public company rejected the decision of the compensation committee and the board of directors of the company to grant the CEO a special bonus that deviates from the company’s compensation policy, the bonus was approved via an “overruling” decision. The Court dismissed the company’s motion for summary […]