Cadwalader Advising Marcato Capital in its Investment in Deckers Outdoor

June 27, 2017

Contact(s)

Ron Brandsdorfer
New York
+1 212 504 6712
ron.brandsdorfer@cwt.com

Cadwalader is advising Marcato Capital Management LP, a San Francisco-based investment manager which manages funds that beneficially own approximately 6.0% of Deckers Outdoor Corporation, in connection with its investment in the company that makes Uggs boots.

On June 27, Marcato sent a letter to Deckers’ board of directors saying it is prepared to nominate a slate of director candidates to replace the entire Board if Deckers’ strategic review process does not culminate in a sale of the company at an attractive value to all shareholders.  Deckers announced it had initiated a strategic review process in April 2017.

Cadwalader recently advised Marcato in its investment in and successful proxy contest against Buffalo Wild Wings.

The cross-practice Cadwalader team includes corporate partners Richard Brand and Joshua Apfelroth and associates Melissa Solomon, Peter Bariso and Christopher Porcelli; antitrust partner Amy Ray and counsel Ngoc Pham Hulbig; and litigation partner Jason Halper, special counsel Jared Stanisci and associate Hyungjoo Han.

CadwaladerNews

CadwaladerSpotlight

Our latest podcast covers the legacy of the “Car Wash” investigation and how Brazil fits into the global landscape of white-collar crime enforcement.

To assist individuals in working from home during the coronavirus social-distancing period, Cadwalader is providing clients and friends free access to our legal research platform, the Cadwalader Cabinet.