Plichta Quoted on Nabors Proxy Access Proposal

Foley Partner Mark Plichta discussed the proxy access resolution filed against the board of Nabors Industries in an article published in Agenda on December 19, 2011. In the article titled “Nabors Receives a Proxy Access Proposal,” Plichta says companies with governance problems that disregard shareholder demands may attract negative attention from advisory firms, adding that ISS is more likely to recommend shareholders vote against controversial management in the next year.