Martin Lipton vs Ira Millstein On Activist Investing

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New corporate governance paradigms are all the rage. On Wednesday, I was at Columbia University for the 2016 Millstein Governance Forum, a day-long event dedicated to “Governance, leadership and the future of the corporation.” The Forum, and the Millstein Center for Global Markets and Corporate Ownership, based at the law school, is named for Ira Millstein, a Weil, Gotshal & Manges lawyer who was in fine form discussing his latest book, The Activist Director. By coincidence, a new memo hit my inbox the day previously from Martin Lipton, Steven Rosenblum and Karessa Cain of Wachtell, Lipton, Rosen & Katz. Martin…

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