Apache prevails in declaratory judgment action involving the right to exclude a shareholder's proposal from proxy materials
Clients Apache Corporation
Jones Day successfully represented Apache Corporation, a major international energy company, in an injunction and a declaratory judgment action in federal court against The New York City Employees' Retirement System, et al. The action involved the right of Apache under SEC Rule 14a-8(i)(7) to exclude a shareholder's proposal from Apache's proxy materials.
Apache Corporation v. The New York City Employees' Retirement System, et al., No. H 08-CV-01064 (S.D. Tex., Houston Div.)