The Newsletter of Corporate Renewal
Zachary Garrett has published "Might vs. Right: Pledged Stock, Voting Rights & the Doctrine of Record Ownership," in the August 2010 issue of The Turnaround Management Association's Corporate Renewal newsletter.
The article concerns the effects of our changed economic climate on the voting rights of lenders in regards to pledged stock. Mr. Garrett provides an analysis of the state law doctrine of record ownership, examining its application under three general approaches and providing guidance for those lenders who may be confronted with the doctrine in the exercise of voting rights remedies.