On September 15, 2011, the Securities and Exchange Commission (SEC) issued a release announcing that amendments to Rule 14a-8 allowing shareholder proposals on proxy access will become effective as soon as the SEC's release is published in the Federal Register . As a result, companies soon will be required to include in their proxy materials...
Editor: Texas seems to have weathered the economic crisis better than other regions of the U.S. with an unemployment rate of 8.2 percent at the end of June as compared with the national average of 9.5 percent. To what do you attribute this improved performance?
Editor: As head of the firm-wide corporate finance and M&A practice at Akin Gump, you undoubtedly have a broad overview of what Akin Gump's many offices are seeing in terms of the slowing economy. How does Texas compare with the rest of the nation?
Editor: Ken, let's assume that a client has been asked to join the board of a public company. She came to you for advice that would be helpful to her in assessing the risks involved. Before we ask for your answers to some of the questions that the hypothetical client should pose, could you tell us about your background?
Editor: Please tell us about your background.
Menges: I have lived in Dallas and have been practicing law here for over 23 years. Prior to my college years at Boston University and law school at Harvard Law School, I attended junior high and high school in the Dallas area.
Editor: What led to your interest in the economic development of Texas?