Brancous seeks five Braemar board seats, challenges rejection of nominees ahead of annual meeting
BHR•Braemar Hotels & Resorts rejected Brancous’ five director nominations ahead of its December 21, 2026, annual meeting, citing bylaw violations. Brancous sued on October 21, seeking a declaration that its nominations were valid.
1. Proxy contest and lawsuit
Braemar Hotels & Resorts rejected Brancous’ five director nominations ahead of its December 21, 2026, annual meeting, citing bylaw violations. Brancous sued in Maryland state court on October 21, 2026, seeking a declaration that its nominations were valid. Unless a court orders otherwise, votes for Brancous’ candidates will not count, and the board is urging shareholders to elect its eight nominees. If a court validates the nominations, new universal proxy cards would be issued, requiring shareholders who already voted on company cards to vote again.
