2020 Shareholder Activism Insight Report

Schulte’s November 2020 Shareholder Activism Insight report, published in association with Activist Insight and Okapi Partners, reveals data compiled from a September 2020 survey of 45 respondents from different activist firms. The survey sample included activist funds that have engaged over 400 companies since 2013, including some of the largest and most high-profile situations, and managed a combined total of more than $300 billion in assets. Respondents were asked about their experience with shareholder activism in their respective regions and their expectations for activity in the next 12 months.

Ele Klein and Marc Weingarten, Schulte partners and co-chairs of the firm’s global Shareholder Activism Group, contributed expert commentary. The report also features Jim McNally, London-based shareholder activism, corporate and funds partner, Michael Swartz, New York-based partner who serves as co-chair of the Litigation Group and head of the shareholder activism litigation practice and former Schulte lawyer Aneliya Crawford.

Schulte is widely regarded as the dominant global law firm for shareholder activism. We bring to each matter a sophisticated knowledge of market practices, vast experience and unparalleled expertise in all areas of law impacting activism. Schulte has more than 30 years of experience advising clients on more than 1,000 shareholder activism matters, making us one of the most experienced advisers to activists in the world. Schulte assists with all matters relating to activism, including campaign strategies, corporate governance, proxy rules, trading and affiliate rules, Sections 13 and 16 compliance, antitrust regulations, federal and state securities and corporate laws, tax and regulatory issues and litigation. Our lawyers work with clients on a variety of activist strategies, including behind-the-scenes long-term partnerships between activists and management, proxy contests, board and management changes, consent solicitations, special meetings and withhold campaigns, M&A activism, exempt solicitations, regulatory approvals, investigations and legislative hearings, corporate governance improvements, defensive and offensive litigation, spin-offs, split-offs, divestitures and buybacks, and ESG. To learn more, visit Schulte’s Shareholder Activism Resource Center here.