Land & Buildings’ activist campaign at Taubman Centers

Olshan advised Land & Buildings in its activist campaign at Taubman Centers

Jonathan Litt, Founder and Chief Investment Officer of Land & Buildings, was elected to Taubman Centers’ Board at the 2018 Annual Meeting to replace long-standing incumbent director William Taubman. Land & Buildings initiated its campaign at Taubman Centers in 2016, but was met with resistance along the way due to Taubman Centers’ dual-class voting stock structure, which concentrates ~30% of the voting power to the Taubman Family.

Steve Wolosky (Picture) and Meagan Reda represent Land & Buildings in connection with its investment and successful proxy contest at Taubman Centers.

Involved fees earner: Steve Wolosky – Olshan Frome Wolosky LLP; Meagan Reda – Olshan Frome Wolosky LLP;

Law Firms: Olshan Frome Wolosky LLP;

Clients: Land and Buildings Investment Management, LLC;


Author: Ambrogio Visconti