Cuomo Executive Order Gives New York Corporations Relief on Physical Annual Meetings

Although the main focus of Governor Cuomo’s executive orders over the past few days has been to cease operation of all non-essential businesses in New York state, the March 20th executive order provided temporary relief in a few additional respects, including with respect to shareholder meetings of New York corporations.

This relief is an example of the kind of flexibility various state governments and courts are adopting in an effort to address the needs of companies in this challenging environment.

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