Proxy Fight
/ˈprɑːksi faɪt/
Definitions
- (n.) A contest for control of a corporation, where opposing groups solicit shareholder votes by proxy to elect directors or decide issues.
The shareholders were divided in the proxy fight over who should serve on the board.
Forms
- proxy fights
Related terms
Commentary
A proxy fight often arises during attempts to change corporate leadership without physical meetings, emphasizing strategic solicitation of shareholder proxies.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.