Davis Quoted on Wynn Resorts' Director Dispute

04 May 2015 Agenda Magazine News

Agenda Magazine

Partner Gardner Davis was quoted in an Agenda Magazine article, “Wynn Proxy Battle Draws Governance Scrutiny,” on May 4, 2015. The article discussed Casino operator Wynn Resorts’ public battle over a director dispute to keep co-founder Elaine Wynn off its board. Davis was quoted saying, “As a matter of corporate law, the fact that the two directors hate each other is irrelevant. They both have a fiduciary duty to act in the best interest of company. Moreover, if they both own significant blocks of stock, their common economic interest should make them work together.”

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