Knowles’ Successful Resolution of Proxy Contest Against Caligan Partners, Falcon Edge Capital and Patriot Global Management


Sidley represented Knowles Corporation (NYSE: KN) on the proxy

Knowles Corporation (NYSE: KN) completed its successfully and amicable resolution of the client’s proxy contest against an investor group composed of Caligan Partners, Falcon Edge Capital and Patriot Global Management and their affiliates.

Knowles Corporation designs and manufactures advanced acoustic components. The Company, led by Jeffrey S Niew, Alexis Bernard and Michael Polacek, produces components for hearing aids and surface mount microphones for cell phones and consumer electronics. In 2018 Knowles recorded $826 million revenues.

Sidley’s corporate team was composed of partner and chair of Sidley’s shareholder activism practice Kai Haakon E. Liekefett (Picture) and associates Jessica Wood, Kathy Wang, Riley Kelleher, Rachel Fridhandler, and Christian Bennardo. Partners Andrew W. Stern and Alex J. Kaplan provided litigation advice and partner Corey Perry advised on executive compensation matters.

Involved fees earner: Rachel Fridhandler – Sidley Austin LLP; Kai Haakon Liekefett – Sidley Austin LLP; Alex Kaplan – Sidley Austin LLP; Riley Kelleher – Sidley Austin LLP; Corey Perry – Sidley Austin LLP; Andrew Stern – Sidley Austin LLP; Ting Wang – Sidley Austin LLP; Jessica Wood – Sidley Austin LLP;

Law Firms: Sidley Austin LLP;

Clients: Knowles Corporation ;

Author: Ambrogio Visconti