Bar Association urges proxy cap, electronic voting to curb building bid-rigging

Association chairman Jose-Antonio Maurellet expresses reservations about a proposal limiting proxies to only two classes of people

“Proxy right is a right which is derived from private ownership. So, we think it might be a little bit too onerous to say you can only proxy to these two classes of people,” he said.

“We tend to think a better approach, perhaps, is to increase the level of transparency.”