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ARTICLE · 29 APRIL 2020

Shareholder Activism During COVID-19

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A number of global businesses use Bermuda as their jurisdiction of choice. COVID-19 is continuing to create challenges on a global scale for those businesses.

BermudaCorporate/Commercial Law

A number of global businesses use Bermuda as their jurisdiction of choice. COVID-19 is continuing to create challenges on a global scale for those businesses, and Boards are being constantly required to react and address the impact that they represent to business continuity. A number of global businesses use Bermuda as their jurisdiction of choice. COVID-19 is continuing to create challenges on a global scale for those businesses, and Boards are being constantly required to react and address the impact that they represent to business continuity.

The market volatility, substantial losses to stock prices, delays in annual meetings and financial reporting, and underperforming companies have caused a number of commentators to consider whether there may be a spate of acquisitions by third parties or shareholder activists seeking to take advantage. There may of course be some countervailing considerations that may fend off third parties or activists. For instance, the

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