<x-flowed>Dear friends -- My corporate law colleague Julian Velasco has posed an
interesting election law question which I could not answer off the top
of my head. Here it is: "Would it be very difficult for me to find
support -- whether it be case law, law review articles, or treatises --
for the proposition that the right to vote in an election should mean,
at a minimum, the right to vote "no" or otherwise reject a candidate?"
He's asking "because elections of directors in corporate law are
conducted by plurality vote; it is literally impossible for a director
candidate not to be elected unless there is a challenger (which is
extremely rare). There is a big push to move towards majority voting,
so that director candidates could be rejected even without a
challenger." He would like to say that, as a matter of common sense,
this is necessary to "take shareholder voting rights seriously" and make
them "meaningful."
Thanks for any help that you can provide. -- John
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