Sentences with phrase «affecting shareholders of»
In a ruling yesterday, the court struck an oppression claim after finding the alleged breaches affect all shareholders of a publicly traded company and must proceed by way of a derivative action.
http://www.canadianlawyermag.com/ Not exact matches
Even though Warren Buffett, Berkshire Hathaway's 80 - year - old chairman and CEO, assures shareholders a succession plan is in place, investor confidence is bound to be affected when the Oracle of Omaha departs.
The directors of Home Building Society Ltd have moved to reassure shareholders that its proposed merger with Bank of Queensland would not be affected by BOQ's failure to complete a separate merger with Mackay Permanent Building Society Ltd..
Akorn shareholders overwhelmingly voted to approve the merger a few months later and said in February that it does not believe this investigation should affect the closing of the transaction with Fresenius.»
These proposals do not affect law firms as much as other businesses given the restrictions on who can be a shareholder of a law practice.
Before relatively recently, it was standard practice to assume that capital paid the whole tax, and some observers argue that remains the correct approach, given recent empirical research showing that shareholders tend to be the exclusive beneficiaries of cuts in taxes affecting corporations.
One lawsuit filed yesterday in Northern California on behalf of a Facebook shareholder, Jeremiah Hallisey, alleges the company's senior management «breached their fiduciary duties by failing to prevent the initial misappropriation [of user data by CA] and, after learning of it in 2015, failing to inform affected Facebook users or the public markets».
«Our job as management is: We work for a board of directors and for all the shareholders and in that sense it does not affect today our day - to - day operations or even the five - year plan.»
The nonprofit Flyers Rights, which invests in the airlines through its education fund, has filed shareholder proposals requesting a report from each one that includes an analysis of how its profit margin and stock price could be affected by these trends.
If granted, the MCTO should not affect the ability of other shareholders to trade in the securities of the company.
Actual results may vary materially from those expressed or implied by forward - looking statements based on a number of factors, including, without limitation: (1) risks related to the consummation of the Merger, including the risks that (a) the Merger may not be consummated within the anticipated time period, or at all, (b) the parties may fail to obtain shareholder approval of the Merger Agreement, (c) the parties may fail to secure the termination or expiration of any waiting period applicable under the HSR Act, (d) other conditions to the consummation of the Merger under the Merger Agreement may not be satisfied, (e) all or part of Arby's financing may not become available, and (f) the significant limitations on remedies contained in the Merger Agreement may limit or entirely prevent BWW from specifically enforcing Arby's obligations under the Merger Agreement or recovering damages for any breach by Arby's; (2) the effects that any termination of the Merger Agreement may have on BWW or its business, including the risks that (a) BWW's stock price may decline significantly if the Merger is not completed, (b) the Merger Agreement may be terminated in circumstances requiring BWW to pay Arby's a termination fee of $ 74 million, or (c) the circumstances of the termination, including the possible imposition of a 12 - month tail period during which the termination fee could be payable upon certain subsequent transactions, may have a chilling effect on alternatives to the Merger; (3) the effects that the announcement or pendency of the Merger may have on BWW and its business, including the risks that as a result (a) BWW's business, operating results or stock price may suffer, (b) BWW's current plans and operations may be disrupted, (c) BWW's ability to retain or recruit key employees may be adversely affected, (d) BWW's business relationships (including, customers, franchisees and suppliers) may be adversely affected, or (e) BWW's management's or employees» attention may be diverted from other important matters; (4) the effect of limitations that the Merger Agreement places on BWW's ability to operate its business, return capital to shareholders or engage in alternative transactions; (5) the nature, cost and outcome of pending and future litigation and other legal proceedings, including any such proceedings related to the Merger and instituted against BWW and others; (6) the risk that the Merger and related transactions may involve unexpected costs, liabilities or delays; (7) other economic, business, competitive, legal, regulatory, and / or tax factors; and (8) other factors described under the heading «Risk Factors» in Part I, Item 1A of BWW's Annual Report on Form 10 - K for the fiscal year ended December 25, 2016, as updated or supplemented by subsequent reports that BWW has filed or files with the SEC.
I generally don't make much of the fact that nearly everything I have is invested in the Strategic Growth Fund and the Strategic Total Return Fund, but it may help to know that all of the decisions that affect the investments of my shareholders also directly affect my own investments.
Former Managing Partner Marc Gross has over thirty years» experience litigating securities fraud and derivative actions, is a Vice President of the Institute of Law and Economic Policy, and frequently speaks at educational and legal forums on issues affecting shareholders.
The decision to use stock instead of cash can also affect shareholder returns.
The upheaval could greatly affect the seven major studios, but I would be especially nervous if I were a shareholder in any of the theater chains.
Shareholders may be adversely affected by lack of regular shareholder meetings and no voting rights.
Such a restriction could result in the termination and liquidation of the Trust at a time that is disadvantageous to Shareholders, or may adversely affect an investment in the Shares.
MG has confirmed that Saputo selling Koroit will not affect the terms of MG's sale to Saputo, including the consideration MG shareholders will receive from the sale.
Weather conditions have affected production in some parts of New Zealand but Fonterra said total milk production from its farmer shareholders in 2010/11 was broadly in line with the previous season.
The commission was very clear on the issue with regards to the Finance Minister as been a former shareholder, beneficiary of several companies in the securities market and more importantly a former director to some of these companies and his interest to see these institutions attain a certain growth within that sector has the Potential to Conflict with the interest of the State.This revelations by the commission is very serious with its potential risk alerted is enormous to affect the securities sector of the country.
He also praised a recent vote by 62 percent of ExxonMobil shareholders for the company to examine how the Paris agreement goals might affect business.
As a shareholder you can affect the board decisions (depends on your stake of ownership), but usually you'll want to attract more investors to keep the company running, so not much you can do to avoid it.
As a shareholder, you're exposed to market downturns, dividend cuts, stock splits, changes in payout frequency, interest rate changes, and an endless number of external factors that can affect your portfolio.
First for financial firms, SFASs 133 and 157 don't affect solvency, only the views of shareholders.
Stock dilution is legal because, in theory, the issuance of new shares shouldn't affect actual shareholder value.
While the target - date fund itself makes distributions that affect the shareholder's tax situation, an individual's buying and selling of funds also creates taxable events.
As a shareholder, it's important to keep track of things that may affect the value of your investments.
The final regulations affect United States persons that own interests in PFICs, and certain United States shareholders of foreign corporations.
Similar adverse consequences could result from cybersecurity breaches affecting issuers of securities in which the Funds invest; counterparties with which the Funds engage in transactions; governmental and other regulatory authorities; exchange and other financial market operators, banks, brokers, dealers, insurance companies, and other financial institutions (including financial intermediaries and service providers for a Fund's shareholders); and other parties.
Shareholders of the Trust and any other future series of the Trust will vote in the aggregate and not by series except as otherwise required by law or when the Board determines that the matter to be voted upon affects only the interest of the shareholders of a particular seriesShareholders of the Trust and any other future series of the Trust will vote in the aggregate and not by series except as otherwise required by law or when the Board determines that the matter to be voted upon affects only the interest of the shareholders of a particular seriesshareholders of a particular series or classes.
As a result of these factors, the funds» «fund of funds» structure could affect the amount, timing and character of distributions to shareholders.
Changes in the foreign currency exchange rates also may affect the value of dividends and interest earned, gains and losses realized on the sale of securities, and net investment income and gains, if any, to be distributed to shareholders by the fund.
Unless you work for one of the developers or are a shareholder for a publisher, how in the hell does Game X outselling Game Y affect you in any way?
Exxon shareholders Arjuna Capital and the nonprofit As You Sow submitted a resolution for the 2014 annual meeting asking the oil company to write a report about those risks and how much of its reserves might be affected.
«If you don't worry about the NGOs that are focused on carbon footprint or water, and they decide to start a campaign against you, it affects the reputation of your brands, your sales go down, and there's your shareholder saying, why didn't you anticipate this?»
After UCS held pre-shareholder-meeting panels in Texas on the urgency of climate action, ExxonMobil shareholders voted in favor of the company reporting how climate change affects its bottom line.
In 2017, over 60 % of shareholders voted for Exxon to begin disclosing how the company would be affected in a demand - constrained environment in line with a two - degree scenario, following the Paris Agreement.
Weil successfully represented lululemon in a shareholder class action arising out of disclosures relating to product issues affecting lululemon's popular yoga pants, winning a motion to dismiss that was later affirmed by the Second Circuit.
«The interests of potential plaintiffs and defendants and of affected long - term shareholders have been weighed conscientiously and deliberately in light of a desired precise balance between deterrence and compensation,» wrote Côté.
Any deal that affects shareholders must affect them all in proportion to the number of shares they hold.
These proposals do not affect law firms as much as other businesses given the restrictions on who can be a shareholder of a law practice.
Such proceedings can present numerous and diverse challenges for a company subject to investigation — it may face a range of different types of action, on a number of fronts (for instance, involving shareholders, suppliers, customers or employees), which may impact an investigation, or be affected by an investigation, in a variety of ways.
In a lovely bit of shareholder advocacy, Morrison writes, «The risks from poor legal advice also loom for companies, and also affect the same constituents, yet to my knowledge no third party assesses companies comparatively on the quality of their legal staff, the adequacy of their in - house legal resources, the legal surefootedness of their outside counsel, the protections provided their intellectual property, the liabilities faced by them through regulatory and judicial proceedings, and the adroitness of management practices.»
The boards of directors of public benefit corporations must balance the financial interests of shareholders, «the best interests of those materially affected by the corporation's conduct» and the public benefit specified in the articles.
Crisis affected companies, creditors, shareholders and investors rely on the cross-border expertise of the firm's restructuring & insolvency team.
The Policy applies (in Canada) in conjunction with existing policies that affect the delivery of products and services by employees, contractors, volunteers, and others who interact with customers, shareholders and others on behalf of TD Insurance.
The loss of income from your business in the event of your death or protracted inability to work would affect you and your family, not any employees or shareholders.
I mean, I know this is effectively censorship of anyone that isn't willing or able to make a deal with the telecom companies to have their pages load at the same speed as these media giants» sites... but that doesn't affect me because I believe these conglomerate monopolies have my best interests at heart and definitely aren't just trying to make the most money for their shareholders.
One lawsuit filed yesterday in Northern California on behalf of a Facebook shareholder, Jeremiah Hallisey, alleges the company's senior management «breached their fiduciary duties by failing to prevent the initial misappropriation [of user data by CA] and, after learning of it in 2015, failing to inform affected Facebook users or the public markets».
Having an awareness of the business issues that affect specific industries and understanding the environment in which they operate in relation to stakeholder perspectives (customer, supplier, employer, employee, shareholder).