Olshan Frome Wolosky LLP Dominates Legal Advisory in Activism
Deal News | Aug 12, 2025 | Olshan Frome Wolosky LLP
Olshan Frome Wolosky LLP has been highlighted by 'The Deal' in its 'Who's Helping Whom 25: Legal Advisors' feature for the first half of 2025. The firm is recognized for its dominance in advising on activist campaigns, including its collaboration with Elliott Management Corp. on a major M&A-focused director battle at Phillips 66 Co. Olshan also played key roles in advising Starboard Value in its extended campaign at Autodesk, resulting in the appointment of two new directors, and representing Engaged Capital LLC in its success at Yeti Holdings leading to a similar outcome.
Sectors
- Legal Services
- Investment Management
- Shareholder Activism
- Corporate Governance
Geography
- United States – The legal advisory actions and the activist campaigns, such as those involving Phillips 66 Co., Autodesk, and Yeti Holdings, primarily concern U.S.-based companies.
Industry
- Legal Services – The article focuses on the legal services industry, highlighting Olshan Frome Wolosky LLP's role as a legal advisor in shareholder activism and M&A activities.
- Investment Management – The participants involved, including Elliott Management Corp., Starboard Value, and Engaged Capital LLC, operate within the investment management sector, focusing on shareholder activism.
- Shareholder Activism – This is a core focus of the article, detailing legal advisories in campaigns that influence corporate governance and changes.
- Corporate Governance – The article discusses changes in board directorships, an essential aspect of corporate governance.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Olshan Frome Wolosky LLP | Legal Advisor | Company | A prominent law firm recognized for its shareholder activism practice. |
| Elliott Management Corp. | Activist Investor | Company | A leading activist hedge fund involved in significant M&A-focused director battles. |
| Phillips 66 Co. | Target Company | Company | A major company involved in a director battle orchestrated by Elliott Management with legal advice from Olshan. |
| Starboard Value | Activist Investor | Company | An activist investment fund known for its campaign at Autodesk. |
| Autodesk | Target Company | Company | A software company targeted by Starboard Value's activist campaign. |
| Engaged Capital LLC | Activist Investor | Company | An activist hedge fund involved with Yeti Holdings. |
| Yeti Holdings | Target Company | Company | Known for a successful activist campaign that resulted in board changes. |