Sentences with phrase «as minority shareholders»

Those with less capital resources to invest were limited to acting as minority shareholders.

I did not recognise, at the point that this visit was arranged, a need to disclose to my officials and the High Commission that Abid Hussain and I have a common business interest as minority shareholders in a small food company... I sincerely regret that I did not consider the significance of this relationship with Mr Hussain when the arrangements for the visit were being made... I am sorry.

In good capitalist form they would become owners of the means of production, at least as minority shareholders.

www.emeraldmaterials.com The Carlyle Group has «entered into exclusive negotiations» to acquire a 75 % stake in Homair Vacances (Paris: ALHOM), a French mobile home operator, from Montefiore Investment (which would reinvest as a minority shareholder), according to the FT. www.homair.com DRB Systems, a n Akron, Ohio — based provider of software solutions to the car wash industry, has raised an undisclosed amount of funding from Prairie Capital.

During this time, MacLaren and de Pencier had become busy with new projects and decided to bring in Maclean Hunter, the country's largest magazine publisher, as minority shareholder.

The canceled merger of 2014 would have placed SoftBank in control of the merged carrier company, with Deutsche Telekom to have been relegated as a minority shareholder.

You run (an admittedly small) risk the offer's successful, but NOT extended... This would leave you awaiting a compulsory acquisition (which a bidder can launch once they reach 80 - 95 % control, depending on country), or even end up trapped as a minority shareholder in a delisted company!

Even thought CO2 is not explicitly listed, one has to imagine that CO2 falls under the catchall category given the involvement and expertise of the Chicago Climate Exchange as a minority shareholder in TCX.

Sonangol's website does report that a subsidiary of Exem Holding has been pre-qualified by Sonangol to bid for oil licences in Angola as a «non-operator» - that is, as a minority shareholder in a joint venture with other oil companies.18 However, there appears to be no information on this website about tenders in relation to Exem Holding's other interests.

These include shareholder and partnership disputes; the investigation and pursuit of civil fraud claims against directors, employees and third parties; international asset tracing; professional negligence claims (including against office holders); Company law claims such as minority shareholder petitions (Section 994 Petitions) and specialist applications in relation to the conduct and control of companies; contract disputes; challenges to share sale consideration; and directors» disqualification proceedings.

Here, Arthur was able to sue his business partners directly because his personal interests as minority shareholder of JSCA were harmed when the Robbins — who were both directors, officers, and majority shareholders of JSCA — diverted business to a competing enterprise: Sales Leadership.

Understandably unhappy with the changes, Alharayeri exercised his rights as a minority shareholder and launched a court claim for an oppression remedy.

Not exact matches

As with many all - stock mergers, T - Mobile and Sprint have decided there is no need to give their minority shareholders a vote on the deal, the sources said.

So because minority shareholders did not get their due, including receiving notice of Zuckerberg's actions, this case is going forward, as it should.

Gawker, it turns out, plans to sell a minority stake to Columbus Nova, pending approval from Gawker's shareholders, to finance the company's ongoing legal fight with Terry Bollea, also known as Hulk Hogan.

«There should not be unequal voting rights as they could allow management or minority share owners to override the wishes or best interests of majority shareholders for personal benefit and compromise accountability, leading to potential entrenchment issues,» Mary Leung, head of advocacy for Asia at CFA Institute, an association of investment professionals, said in a statement.

Absent such a standard, the shareholder proposal rule becomes nothing less than a species of private eminent domain by which the federal government allows a small minority to appropriate someone else's property — the company is a legal person, after all, and it is the company's proxy statement at issue — for use as a soap - box to disseminate their views.

The consideration offered to the outstanding minority shareholders whose shares are compulsorily acquired under the U.K. Companies Act 2006 must, in general, be the same as the consideration that was available under the takeover offer.

We subtract the fair value of the minority interest liability from shareholder value in our DCF model as the minority interest shareholders have the rights to that portion of the cash flows.

Bovespa — April 28, 2016 Proxy access, a hot topic in the US, is making waves this Brazilian AGM season as shareholders take advantage of new access rules meant to facilitate nominations for board seats reserved for minority or preferred shareholders.

Figure 1 shows the five companies with the larges (gross value and as a % of market value) minority interest liability adjusted out of shareholder value for 2012.

Borsa Italiana — May 13, 2016 If there are any minority shareholders left at the Italian railway signalling and transportation systems company, Ansaldo STS, they may want to get some popcorn ready, as it should be an entertaining ride at an AGM that's full of mixed signals.

Even if minority shareholders do not have enough control to influence director elections, the board is still accountable to them, as well as to the controlling family and other stakeholders.

He still retains a tiny slice of the 17 per cent block of shares still owned by minority shareholders who are mainly Melbourne - based, but O'Hoy missed the cut and thrust of the fast - moving consumer goods industry even though he has a busy portfolio of other roles including as a director of the Melbourne Stars Big Bash cricket team.

JAB Holding Company is also the largest shareholder in Coty Inc., a global leader in beauty, and owns a controlling stake in luxury goods company Bally as well as a minority stake in Reckitt Benckiser PLC, a global leader in health, hygiene and home products.

Michael Ashcroft will be majority owner of this company (57.5 %) with Stephan as the main minority shareholder and Chairman.

We note that the ADB has Minority Shareholders, as is the case with the Ghana Commercial Bank which took over Capital and UT Banks (also a listed entity).

However, reports that Amazon's stake is as high as 40 % of LibraryThing are inaccurate and fail to take into account that ProQuest affiliate Bowker is also a minority shareholder in the company, according to Spalding.

Under the conditions of high concentration of ownership and weak legal protection for small - and medium - sized shareholders in China, the distribution of dividends can be used as a way to limit large shareholders» ability to expropriate minority shareholders» rights or improper government intervention in the listed companies.

Followed by a September announcement, which somewhat predictably confirmed the committee were recommending the offer as «fair and reasonable «for (minority) shareholders — albeit at the slightly higher price of $ 1.08 per share.

Just as when we buy shares in a company, we check to see how they treat outside passive minority shareholders, with foreign firms, we have to go a step further, and ask how the country treats foreign outside passive minority shareholders.

Though I'm a little astonished to see it's business as usual in the UK, considering the Kennedy loan issues in Ireland... But FRM's a small company — there's far more upside for David Kennedy to try raise new equity / rebuild the company (vs. screwing existing minority shareholders).

Unless you view it as a potential squeeze - out play (however long that might take), the situation's become less & less promising for small minority shareholders.

minority shareholders can actually be royally screwed under the german corporate law, as far as I know.

Such examples include, applications for production of records and accounts; defending allegations of unlawful dividends; and an application for rectification of the register in line with the Re Hoicrest litigation (as a precursor to an unfair prejudice petition by a minority shareholder).

During his 21 - year legal career, Mr. Goldberg has litigated hundreds of cases in federal and state courts throughout the United States involving claims of retaliation, discrimination, wrongful termination, fraud, defamation, breach of fiduciary duty, and breach of contract, as well as commercial contract disputes, civil RICO, ERISA, trade secrets and restrictive covenants, corporate governance disputes, minority shareholder disputes, partnership disputes, Madoff counseling and defense, advancement and indemnification proceedings, whistleblower actions (SOX and CEPA), executive compensation counseling, litigation, and arbitration, international litigation and arbitration, antitrust litigation and arbitration, products liability litigation, environmental and toxic tort litigation, and securities fraud.

One commentator describes the oppression remedy as «the broadest, most comprehensive and most open - ended shareholder remedy in the common law world»: S. M. Beck, «Minority Shareholders» Rights in the 1980s», in Corporate Law in the 80s (1982), 311, at p. 312.

Our commercial litigation lawyers successfully defended the majority shareholders of a major New Jersey company against claims of minority shareholder «oppression,» as a result of a 13 - week non-jury trial.

The minority essentially adopted the same approach, though it differed in the result due to its determination that there was no evidence in this case as to shareholder reliance on the audits or that any such reliance would have caused them to take different actions to prevent the losses.

«So sister says, «Yes, I'm a minority shareholder but I have a reasonable expectation in this closely held family company that I will be part of management, that will receive the same kind of remuneration as everybody,» she adds.

Since Banvit is a listed company, the process required all parties to observe interests of minority shareholders, requirements of the capital markets legislation, as well as requests by the Capital Markets Board and Borsa Istanbul.

She is experienced in minority shareholder disputes and s. 499 unfair prejudice petitions and has dealt with a range of insolvency matters as well as diverse agency disputes.

He was later caught out in a silly matter concerning a sex worker whom he had recruited as a partner and this very considerable and able business man was brought low, but he turned his disadvantage and his humiliation into a positive thing, he wrote this book The Glass Closet it is book about why it is in the interest of employers to reach out to everybody, to reach out to women, to reach out to minorities, to reach out to minorities on the grounds of gender, on the grounds of race, on the grounds of sexuality and he makes the point as the CEO of one of the 500 biggest corporation in the world this I in the interest of the shareholders, in the interest of the business and it also in the interest of the employees and those who work with them.

Slaughter and May and Skadden Arps Slate Meagher & Flom have secured lead roles as US fund manager Fidelity has offered to buy out the minority shareholders of London - listed telecoms provider Colt Group in an offer that values the company at # 1.7 bn.

As a litigator, Craig represents businesses and individuals in employment, commercial litigation, minority shareholder rights, breach of fiduciary duty, breach of contract, unpaid wages and commissions, trade secrets, non-competition, deceptive trade practices, sales representatives, and unfair competition matters.

Radiant's non-executive Chair (and a minority shareholder) is Greg Tufnell, who formerly served as managing director at retailers Mothercare and at Burton Menswear, and who currently also serves as the non-executive Director for the investment group The House of Britannia and as Chair of leather accessories company Zachels.

He represents corporate shareholders (both majority and minority), limited liability company members, as well as corporations and limited liability companies.

The protection of the minority shareholder is today seen as a key feature of an effective corporate governance regime.

At a time when other jurisdictions are looking to replicate the derivative suit as part of their legal protection for minority shareholders, the UK has decided to codify the law in this area and put the suit on a statutory footing.