Found 2 article(s) for author 'Williams Act'

Toward a Constitutional Review of the Poison Pill

Toward a Constitutional Review of the Poison Pill. Lucian Bebchuk, March 1, 2014, Paper. “We argue that the state-law rules governing poison pills are vulnerable to challenges based on preemption by the Williams Act. Such challenges, we show, could well have a major impact on the corporate-law landscape…” Link verified June 19, 2014

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Pre-Disclosure Accumulations by Activist Investors: Evidence and Policy

Pre-Disclosure Accumulations by Activist Investors: Evidence and Policy. Lucian Bebchuk, April 2013, Paper. “The SEC is currently considering a rulemaking petition requesting that the Commission shorten the ten-day window, established by Section 13(d) of the Williams Act, within which investors must publicly disclose purchases of a 5% or greater stake in public companies. In this Article, we provide the first systematic empirical evidence on these disclosures and find that several of the petition’s factual premises are not consistent with the evidence.Our analysis is based on about 2,000 filings by activist hedge funds…” Link verified June 19, 2014

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