secwatch.observer — SEC 8-K summary
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Issuer:     Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV)
CIK:        0001322436
Form:       8-K
Filed at:   2023-02-01T23:59:59+00:00
Accession:  0000940394-23-000243
Event type: litigation
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ETV board exempts share purchases from control share by-law after MA court ruling
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- Board voted to exempt all prior and new purchases from Control Share By-Law provisions on a going-forward basis.
- Exemption follows Jan 23, 2023 MA Superior Court ruling that Control Share By-Law violates Section 18(i) of the Investment Company Act.
- Court granted summary judgment for the funds on Saba Capital's fiduciary duty claim; litigation continues.
- Board decided after careful review of the ruling; may take additional actions as appropriate.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1322436/000094039423000243/0000940394-23-000243-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1322436/000094039423000243/etv8k.htm
  HTML page:      https://secwatch.observer/filing/0000940394-23-000243

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