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LSDefine

Simple English definitions for legal terms

proxy contest

Read a random definition: commissive waste

A quick definition of proxy contest:

Proxy Contest: A fight between two groups in a company to get the votes of shareholders who haven't decided yet. This usually happens when a group of shareholders who are unhappy with the company's managers try to take control. It's also called a proxy fight.

A more thorough explanation:

A proxy contest is a battle between two groups within a company to win the votes of shareholders who have not yet committed to either side. This usually happens when a group of shareholders disagrees with the company's managers and wants to make changes.

For example, if a group of shareholders thinks that the company's current management is not doing a good job, they might try to convince other shareholders to vote for their proposed changes. This could include electing new board members or changing the company's strategy.

Another example of a proxy contest is when a company is trying to take over another company. The two sides will try to win the support of shareholders in order to gain control of the company.

Proxy contests can be expensive and time-consuming, but they are an important way for shareholders to have a say in how a company is run.

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There aren't many people in my stat range so I pretty much know every result in my range after being on here for a few years
9:28
congrats on the 172 bruce
go dawgs fr
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
soapy
9:43
USC still has not looked at my app
WorthlessAttractiveZombie
9:43
when did you submit soapy?
soapy
9:44
10/16
WorthlessAttractiveZombie
9:44
to be fair it took them almost 2 months for me to go under review
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