Our attorneys have wide-ranging experience over many years in the corporate governance arena. As a result of this expertise, our lawyers have been helping clients cope with the array of legislative and regulatory responses coming out of the U.S. Congress, the U.S. Securities and Exchange Commission and major U.S. stock exchanges.

ADP Shareholders Re-Elect ADP Directors at Annual Meeting

Paul, Weiss represented ADP in its successful proxy contest against Pershing Square.

Shareholders re-elected all 10 of ADP’s directors to the ADP board of directors. Pershing Square’s three nominees, including Bill Ackman, won no seats, receiving support from holders of less than 20% of ADP’s outstanding shares and less than 25% of the shares voted at the meeting. The vote is subject to certification by the Independent Inspectors of Election.    

The Paul, Weiss team included M&A partners Scott Barshay, Steven Williams and David Klein and counsel Frances Mi; securities partner David Huntington; litigation partners Allan Arffa, Aidan Synnott and Chuck Davidow and counsel Maria Keane and Darren Johnson; intellectual property partner Claudine Meredith-Goujon; and antitrust counsel Marta Kelly.

November 7, 2017

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