Sentences with phrase «beyond legal mandates»

However, voluntary holds beyond legal mandates should be carefully weighed.

Bear Stearns is trading at $ 6 instead of $ 2 because unelected bureaucrats went beyond their legal mandates, delivered a windfall to a single private company at public expense, entered agreements that violate the the public trust, and created a situation where even if the bureaucratic malfeasance stands, the shareholders of Bear Stearns will either reject the deal or be deprived of their right to determine the fate of the company they own.

Not exact matches

This response, however, doesn't get around the practical questions of regulatory overreach when purporting to regulate organizations that have mandates that reach far beyond the provision of legal services — take an organization like the Ontario's LCBO (Liquor Control Board of Ontario), a Crown corporation which employs lawyers but is primarily involved with buying and retailing alcohol.