The rule prevents
claims by shareholders for reflective losses and provides that if a wrong is done to a company then the company is usually the proper claimant in respect of that wrong.
Our expertise includes advising officers, boards of directors, shareholders, and special litigation committees on a wide range of business disputes, including fiduciary duties, employment issues with minority and majority shareholders, executive compensation, corporate freeze - outs, direct and derivative
claims by shareholders, internal investigations and other aspects of corporate governance.
To make a claim please fill out this Statutory declaration for
claims by shareholders of deregistered companies.
Although shareholders have yet to approve the deal, the banks would «re-pay shares at a pre-defined value in next few months, avoiding the risk of uncertain evolution of huge
claims by shareholders and clients,» Maria Paola Toschi, global market strategist at JPMorgan Asset Management, told CNBC on Tuesday via email.
No deduction for foreign taxes may be
claimed by a shareholder who does not itemize deductions.
He observed that the premise underlying Lord Millett's speech was that the company has and can pursue its own cause of action (at [74] and [77]-RRB- and went on to hold -LRB-[at [79]-RRB- that the policy consideration to which Lord Millett had referred as underlying the no reflective loss principle was the need to avoid a situation in which the wrongdoer can not safely compromise the company's claim without fear that he may be met with a further
claim by the shareholder in respect of the company's loss.
Cinquini v. Gallone, Chancery Division [2006]--(
claim by shareholder in family firm seeking to challenge the appointment of a new director on the grounds of procedural irregularities)
Successfully defended for several years and in multiple jurisdictions a law firm that had advised Enron before its collapse, finally obtaining the voluntary dismissal of
the claims by the shareholder class without any settlement or payment.
Not exact matches
Perth oil and gas explorer Antares Energy has responded vigorously to
claims by one of its major
shareholders that it lacked transparency around a major deal and the disclosure of directors» interests.
There were also bank statements, reserve estimates
by an independent American geologist and historical records of dividends paid out to
shareholders — which would have been improbable if, as the letter writer
claimed, the company's mine in China was losing money.
The statement of
claim also alleges that Ferro massively diluted the existing
shareholders by issuing Soon - Shiong shares worth about 13 % of the company (Tribune says «The stock sales to Merrick Media and Nant Capital were approved
by the Board of Directors and will provide valuable growth capital to allow the company to execute on its new value - creating business plan).
Maduro's administration has pointedly
claimed that the people who will be hurt most
by the sanctions aimed at stymieing the nation's ballooning debt will be
shareholders in the U.S. Indeed, there is outcry that the potential banning of oil imports from Venezuela — the 3rd biggest supplier of oil to the U.S. behind Canada and Saudi Arabia — will dramatically drive up gasoline prices and hurt the U.S. job market.
Because the
shareholders hold the residual
claim, and all corporate expenditures thus come out of their pocket, it is not entirely clear why other
shareholders should have to subsidize speech
by a small minority.
Consequently, the SEC's
claim that the
shareholder power to nominate and elect directors is imposed
by state law and «can not be bargained away» is likely erroneous.
BlackBerry's ability to manage inventory and asset risk; BlackBerry's reliance on suppliers of functional components for its products and risks relating to its supply chain; BlackBerry's ability to obtain rights to use software or components supplied
by third parties; BlackBerry's ability to successfully maintain and enhance its brand; risks related to government regulations, including regulations relating to encryption technology; BlackBerry's ability to continue to adapt to recent board and management changes and headcount reductions; reliance on strategic alliances with third - party network infrastructure developers, software platform vendors and service platform vendors; BlackBerry's reliance on third - party manufacturers; potential defects and vulnerabilities in BlackBerry's products; risks related to litigation, including litigation
claims arising from BlackBerry's practice of providing forward - looking guidance; potential charges relating to the impairment of intangible assets recorded on BlackBerry's balance sheet; risks as a result of actions of activist
shareholders; government regulation of wireless spectrum and radio frequencies; risks related to economic and geopolitical conditions; risks associated with acquisitions; foreign exchange risks; and difficulties in forecasting BlackBerry's financial results given the rapid technological changes, evolving industry standards, intense competition and short product life cycles that characterize the wireless communications industry, and the company's previously disclosed review of strategic alternatives.
Many factors could cause BlackBerry's actual results, performance or achievements to differ materially from those expressed or implied
by the forward - looking statements, including, without limitation: BlackBerry's ability to enhance its current products and services, or develop new products and services in a timely manner or at competitive prices, including risks related to new product introductions; risks related to BlackBerry's ability to mitigate the impact of the anticipated decline in BlackBerry's infrastructure access fees on its consolidated revenue
by developing an integrated services and software offering; intense competition, rapid change and significant strategic alliances within BlackBerry's industry; BlackBerry's reliance on carrier partners and distributors; risks associated with BlackBerry's foreign operations, including risks related to recent political and economic developments in Venezuela and the impact of foreign currency restrictions; risks relating to network disruptions and other business interruptions, including costs, potential liabilities, lost revenues and reputational damage associated with service interruptions; risks related to BlackBerry's ability to implement and to realize the anticipated benefits of its CORE program; BlackBerry's ability to maintain or increase its cash balance; security risks; BlackBerry's ability to attract and retain key personnel; risks related to intellectual property rights; BlackBerry's ability to expand and manage BlackBerry ® World ™; risks related to the collection, storage, transmission, use and disclosure of confidential and personal information; BlackBerry's ability to manage inventory and asset risk; BlackBerry's reliance on suppliers of functional components for its products and risks relating to its supply chain; BlackBerry's ability to obtain rights to use software or components supplied
by third parties; BlackBerry's ability to successfully maintain and enhance its brand; risks related to government regulations, including regulations relating to encryption technology; BlackBerry's ability to continue to adapt to recent board and management changes and headcount reductions; reliance on strategic alliances with third - party network infrastructure developers, software platform vendors and service platform vendors; BlackBerry's reliance on third - party manufacturers; potential defects and vulnerabilities in BlackBerry's products; risks related to litigation, including litigation
claims arising from BlackBerry's practice of providing forward - looking guidance; potential charges relating to the impairment of intangible assets recorded on BlackBerry's balance sheet; risks as a result of actions of activist
shareholders; government regulation of wireless spectrum and radio frequencies; risks related to economic and geopolitical conditions; risks associated with acquisitions; foreign exchange risks; and difficulties in forecasting BlackBerry's financial results given the rapid technological changes, evolving industry standards, intense competition and short product life cycles that characterize the wireless communications industry.
A recent study
by Wes Gray and Jack Vogel, Dissecting
Shareholder Yield, makes the stunning claim that dividend yield doesn't predict future returns, but more complete measures of shareholder yield might hold so
Shareholder Yield, makes the stunning
claim that dividend yield doesn't predict future returns, but more complete measures of
shareholder yield might hold so
shareholder yield might hold some promise.
Few would dispute that corporate tax cuts increase corporate profits, elevate executive compensation and probably boost short - term
shareholder returns.  But to
claim they pay for themselves
by increasing revenues?
The ATO had been expected to focus on interest deductions
claimed by the Australian subsidiaries of Exxon and rival oil giant Shell, both of which are
shareholders in Gorgon, after the operator of the giant gas project, Chevron, lost a $ 340 million tax fight in the Federal Court last year.
He
claims to be a
shareholder in the Christian corporation, but the stock has been watered almost to the vanishing point and is held, moreover,
by absentee owners.
By entering the Promotion, each entrant releases and discharges the Sponsor, judging organization (if applicable), and any other party associated with the development or administration of this Promotion, their parent, subsidiary, and affiliated entities, and each of their respective officers, directors, members,
shareholders, employees, independent contractors, agents, representatives, successors and assigns (collectively, «Sponsor Entities»), from any and all liability whatsoever in connection with this Promotion, including without limitation legal
claims, costs, injuries, losses or damages, demands or actions of any kind (including without limitation personal injuries, death, damage to, loss or destruction or property, rights of publicity or privacy, defamation, or portrayal in a false light)(collectively, «Claims&ra
claims, costs, injuries, losses or damages, demands or actions of any kind (including without limitation personal injuries, death, damage to, loss or destruction or property, rights of publicity or privacy, defamation, or portrayal in a false light)(collectively, «
Claims&ra
Claims»).
The north London club's second biggest
shareholder, Alisher Usmanov, cranked up the heat
by claiming that Wenger is now holding Arsenal back.
Nestlé presented misleading reports to
shareholders on its marketing of baby milks and its Chairman, Peter Brabeck - Letmathé, made demonstrably false
claims in dismissing the concerns raised
by GIFA and Baby Milk Action.
By entering, all Participants also agree to release, discharge, indemnify and hold harmless the Promotion Entities and their respective parent companies, subsidiaries, their respective representatives and agents, advertising and promotion agencies, promotion partners and prize suppliers, and all of their respective affiliated companies, employees, officers, directors and
shareholders, from and against all
claims and damages or liability arising in connection with each Participant's participation and / or entry in the Promotion and / or their receipt or use of any prize awarded in this Promotion or due to any injuries, damages or losses to any person (including death) or property of any kind resulting in whole or in part, directly or indirectly, from acceptance, possession, misuse or use of any prize or participation in any promotion - related activity or participation in this Promotion.
I showed the picture of a child who died from unsafe bottle feeding to the Nestlé Chairman, Peter Brabeck - Letmathé, and 2,446
shareholders at the company's
shareholder meeting this month (16 April) and asked him to stop promoting formula in Bangladesh with the «gentle start»
claim and abide
by the UN minimum marketing standards there and everywhere.
(Posted 24 December 2011) Significant current scandals, and those yet to come In no particular order Top salaries and bonuses - boardroom and
shareholder individual responsibility The multiple between top and average pay Lawyers fees - the cost of the legal process Medical negligence
claims against the NHS Care and treatment in the NHS «No win, no fee» personal injury compensation Democracy and the voting system Lords reform Political party funding The domestic energy market and pricing The Tax system and its inefficiencies and complexities Subsidies for new energy generation schemes The amount of crime fuelled
by Drugs The availability of drugs in prison.
By claiming «a renewed focus on its core business,» the president sends a clear message to the
shareholders: Anyone buying this stock as speculation on new businesses Alta might be going into should sell it right away.
The authors seek to address the questions posed
by «critics and regulators» about the benefits of hedge fund activism to
shareholders and the
claim that hedge fund activists «destroy value
by distracting managers from long - term projects.»
The outcome of the case is uncertain, but in the event that the plaintiff's
claim is approved
by the court, a number of Sparinvest SICAV sub-funds can potentially gain from the lawsuit, being former Postbank
shareholders.
3) Equity / Assets — This measures how much of a company's assets can be
claimed by its common
shareholders versus being
claimed by others.
Instead, they obtain tax write - offs or tax credits
by investing in limited partnerships created for that purpose or in shares (flow - through shares) whereby the companies pass on the deductions to the
shareholders, who
claim them on their own tax returns.
«The lender would receive not a direct
claim on that homeowner, but a participation in the Treasury's «PAR fund» which would pay out proportionately from all PAR proceeds received
by the Treasury (technically, new shares in the PAR fund would be assigned based on a ratio reflecting the extent to which existing
shareholders have already been paid off, so earlier
shareholders don't receive more than they have coming to them).
A
shareholder may be unable to
claim a credit for the full amount of his or her proportionate share of the foreign taxes paid
by a Fund.
In the second, Lamassu
claimed that the «decisions of this board [had] shown a pattern of director entrenchment characterized
by prioritizing the interest of its members in the face of poor results at the expense of the
shareholders» and called for
shareholders to «receive ample representation on the board.»
The investigation and conclusions of the Special Committee may result in
claims and proceedings relating to such matters, including previously disclosed
shareholder and derivative litigation and actions
by the Securities and Exchange Commission and / or other governmental agencies and negative tax or other implications for the Company resulting from any accounting adjustments or other factors.
By using the Service, you agree to indemnify and hold Humble Bundle, its affiliates, and licensors, and their respective directors, officers, shareholders, employees and agents, harmless with respect to any claims, liability, damages, expenses and costs (including but not limited to reasonable attorneys» fees) arising out of the actual or alleged breach of these Terms by you or through your download page or your use or access of the Servic
By using the Service, you agree to indemnify and hold Humble Bundle, its affiliates, and licensors, and their respective directors, officers,
shareholders, employees and agents, harmless with respect to any
claims, liability, damages, expenses and costs (including but not limited to reasonable attorneys» fees) arising out of the actual or alleged breach of these Terms
by you or through your download page or your use or access of the Servic
by you or through your download page or your use or access of the Service.
You hereby irrevocably and unconditionally RELEASE, WAIVE, AND FOREVER DISCHARGE AND COVENANT NOT TO SUE Ubisoft Entertainment S.A., and each of its past, present and future divisions, parent companies, subsidiaries, affiliates, predecessors, successors and assigns, together with all of their respective past, present and future employees, officers,
shareholders, directors and agents, and those who give recommendations, directions, or instructions or engage in risk evaluation or loss control activities regarding the Campaign (all for the purposes herein referred to as «Released Parties») FROM ANY AND ALL LIABILITY TO YOU, your assigns, heirs, and next of kin FOR ANY AND ALL
CLAIMS, DEMANDS, CHARGES, LAWSUITS, DEBTS, DEFENSES, ACTIONS OR CAUSES OF ACTION, OBLIGATIONS, DAMAGES, LOSS OF SERVICE, COMPENSATION, PAIN AND SUFFERING, ATTORNEYS» FEES, AND COST AND EXPENSES OF SUIT, KNOWN OR UNKNOWN, SUSPECTED OR UNSUSPECTED, ARISING OUT OF OR RELATED TO THE PURCHASE, ACQUISITION, RENTAL, POSSESSION AND / OR USAGE, AND / OR THE INTENT TO PURCHASE, ACQUIRE, RENT, POSSESS AND / OR USE, THE ASSASSIN»S CREED UNITY VIDEO GAME AND / OR THE ASSASSIN»S CREED UNITY SEASON PASS ON ANY AND ALL PLATFORMS, AND / OR RELATED TO THE CAMPAIGN, WHETHER CAUSED
BY THE NEGLIGENCE OF THE RELEASED PARTIES OR OTHERWISE.
Significant progress in reducing emissions and limiting climate change could be achieved if companies 1) unequivocally communicate to the public,
shareholders, and policymakers the climate risks resulting from continued use of their products, and therefore the need for restrictions on greenhouse gas emissions consistent with the 2 °C global temperature target; 2) firmly reject contrary
claims by industry trade associations and lobbying groups; and, 3) accelerate their transition to the production of low - carbon energy.
Our attorneys protect the rights of majority
shareholders, officers, directors, managers, and partners against
claims by minority
shareholders and third parties.
He has acted in all types of company law disputes, including
shareholder disputes,
claims by and against directors, unfair prejudice proceedings and derivative
claims.
It is widely anticipated that the number of class actions brought around the world will continue to grow, driven
by the globalisation of litigation funders and the increasing appetite from funders and plaintiff law firms to develop new
claims outside
shareholder class actions.
In other work, the practice represented the state of Baden - Württemberg in a procedure before the Administrative Court of Stuttgart, defending the client against
claims brought
by Deutsche Bahn for the reimbursement of additional costs incurred
by the construction project Stuttgart 21, and assisted the insolvency administrator of Infinus with the enforcement of
shareholder loans totalling $ 320m.
Involved a dispute over the application of the rule against recovery
by a
shareholder of reflective loss, and a double derivative
claim made in respect of a Cayman company with a BVI parent.
Re Quiet Moments Ltd [2013] EWHC 3806; [2014] EWCA Civ 1536 Ben acted for the petitioner on an application to wind up a company on the just and equitable ground and
claims by the petitioner to enforce compulsory transfer provisions contained in a
shareholders» agreement.
Advising on and bringing an Unfair Prejudice
Claim by an SME's
shareholder with a significant investment at stake.
Defending technology company and its board of directors in multimillion dollar PA state court action brought
by founder / consultant /
shareholder alleging
claims for breach of fiduciary duty, breach of contract, and rescission; prosecuting action in NJ federal court on behalf of executive terminated in breach of his employment agreement; defending companies and their majority owners in numerous state court actions throughout NY and NJ alleging breach of contract and fraud; defending company in connection with DOL investigation regarding misclassification of employees; defending health - tech entrepreneur in connection with DOL investigation regarding unemployment insurance fraud; counseling global company and its US subsidiary in connection with various employment law matters; and negotiating numerous separation agreements.
His recent cases include defending the former President and majority
shareholder of VAB Bank against charges of contempt of court (sole counsel); acting for Mercuria Energy Trading in its successful defence of a US$ 270 million
claim by Citibank in one of the biggest High Court banking trials of 2014, acting for the Claimant in an on - going US$ 830 million fraud
claim in the Commercial Court (Russian banking sector), a US$ 800 million joint venture dispute in the BVI and acting as junior counsel to the Claimants in Hulley & ors v.
Litigation funder Bentham Europe has selected Quinn Emanuel Urquhart & Sullivan as its adviser on a
claim by some of Volkswagen's largest
shareholders against the company in Germany over the emissions rigging scandal the car maker has been embroiled in.
Katharine also acts for investors in respect of regulatory breaches
by their advisors and companies prosecuting and defending general commercial
claims, including breach of contract and complex
shareholder disputes.
Disability and insurance
claims, automobile, personal injury, accident
claims, class actions, employment law, wrongful dismissal
claims, real estate litigation, commercial and
shareholder / business disputes, mortgage enforcement, condominium litigation, construction lien and commercial tenancy disputes are examples of the depth and variety of civil litigation matters successfully handled
by the lawyers of Landy Marr Kats LLP.