Issue: Strategy and Congressional Support
A hedge fund’s significant investment and its focus on the need for efficiency among railroad transportation services delivery ultimately led to a proxy fight with a large transportation company. The transportation company viewed the proxy fight as hostile and sought political support from Congress to cast the investment fund’s actions in a negative light. The client needed a solid strategy and congressional support.
Congressional hearing preparation, including meetings on Capitol Hill and with the Administration, ensured that our client was fully prepared to engage a situation fraught with nuanced political challenges. Throughout the hearing process and proxy fight, our Government Relations team worked to ensure that Congressional criticism was measured, and did not negatively impact the proxy fight.
Our client ultimately won its proxy fight, as well as several ground-breaking rounds of litigation. Congressional reactions were appropriate and did not intrude upon the issues in the proxy fight.