trending Market Intelligence /marketintelligence/en/news-insights/trending/o6wazyPjtss6F2zhY1Ax6A2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

DCT Industrial board OKs bylaw amendments

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

DCT Industrial board OKs bylaw amendments

DCT IndustrialTrust Inc. said that its board unanimously approved amending thecompany's bylaws to provide proxy access rights and exclusive forum provisions.

According to a filing,the proxy access rights amendment permits an eligible stockholder or a group ofno more than 20 stockholders to include director nominees in proxy materialsfor the company's annual meetings of stockholders. All director nomineessubmitted through the proxy access provisions must be independent and meetspecific, additional criteria.

Meanwhile, the other amendment designates the Circuit Courtfor Baltimore City, Md., as the sole and exclusive forum for derivative claimsbrought on behalf of the company and claims against any of its personnel over abreach of duty owed to the company or stockholders, among others.

The amendments were adopted May 4.