Sentences with phrase «majority shareholder power»
The Law of Majority Shareholder Power (edited by David Chivers QC and Ben Shaw, OUP, 2008): author of the chapters on introducing compulsory transfer provisions into a company's articles and on derivative claims.
http://www.erskinechambers.com/ Not exact matches
Because the founders currently hold majority - voting rights, the plan does not require that shareholders give their consent to the dilution of their future voting power.
If, for example, our existing shareholders retain a significant portion of their holdings of Class B common stock for an extended period of time, they could, in the future, continue to control a majority of the combined voting power of our outstanding capital stock.
I guess the lesson of Travis Kalanick's resignation as chief executive officer of Uber Technologies Inc. is that you can be the visionary founder of a massive company, stay private to avoid the pressures of the public market, keep control of a majority of the voting power of the shares, and still be forced out in a boardroom coup led by activist shareholders:
kronkes influence over the club is minimal at best how many decisions does he actually make in the public club domain that we all know of, i am only guessing here but just because he is majority shareholder it doesn't mean he can just do what he wants without the other board members say so, i suppose the rest of the board would vote him out of power and liquidate his shares if he did something really wrong like leveraged the club against a big debt.
A power battle between the clubs two majority shareholders, over a number of matters.
Voting power analysis sheds new light on one part of this story — a dispute between the majority shareholder and the company over voting rights.
DEWA is the majority shareholder in the project with a stake of 51 %, while Saudi Arabia's ACWA Power and Spain's TSK holding the remaining stake.
As follows from Stardust Marine, the imputability must be conversely demonstrated «by establishing the actual exercise by the State of the supervisory power which its status as majority shareholder confers upon it» (para 99).
In this respect, the AG rightly recalls that, if this were true, the imputability to the State would not inevitably follow as Stardust Marine teaches us that, in case of decisions taken by public undertakings, the imputability to the State must be demonstrated by establishing «the actual exercise by the State of the supervisory powers which its status as majority shareholder confers upon it» or «the actual involvement of the public authorities» (para 99) in the adoption of the decision.
According to the bill, the power of control includes control of management, right to appoint a majority of directors, and make policy decisions related to the management rights, shareholding, voting agreements or shareholder agreements.