by Laura D. Richman of Mayer Brown LLP, 1/19/2010
Rule 14a-8(i) of the Securities Exchange Act of 1934 provides a list of the permitted, non-procedural reasons for an issuer to exclude a shareholder proposal from its proxy statement. Rule 14a-8(i)(7) allows an issuer to exclude a proposal that "deals with a matter relating to the company's ordinary business operations."
Sound off on this week's buzz in the Comments Section.