Sentences with phrase «controlling voting interest»

I have heard TIC issues where every investor has a controlling voting interest.

Not exact matches

Although they are fiduciaries charged with protecting the shareholders» interests, the disparate voting rights plan typically will give them voting control.

[20] In essence, this was an early version of the conflict of interest argument made below: promoters were using nonvoting common stock as a way of maintaining voting control for themselves.

This way the shareholders can retain their level of control in the company without having to go out and purchase more shares just for the power of the vote that will give the shareholder more clout at the board level for his / her interests in corporate activities.

CCBE fully acknowledges the potential risk that an imbalance of economic interest and voting control presents to the core of shareholder democracy.

Investments in MLPs are subject to certain risks, including risks related to limited control and limited rights to vote, potential conflicts of interest, cash flow risks, dilution risks, limited liquidity and risks related to the general partner's right to force sales at undesirable times or prices.

«Residents of the 55th Senate District need to know that a vote for Ted O» Brien is a vote to put the New York City Democrats and their special interest allies, who want to overturn the property tax cap and obstruct Governor Cuomo's agenda, back in control of the State Senate.»

«While WFP regularly rails against business interests, the fact that they control a ballot line in a state that allows fusion voting has given them an unfair influence in campaigns.

«The report from the Treasury is an official admission from the IN campaign that if we vote to stay in the EU then immigration will to continue to increase by hundreds of thousands year on year... As long as we are in the EU we can not control our borders and can not develop an immigration policy which is both truly humane and in our long term economic interests.»

This often causes mayhem as the political parties with the most votes jockey for control by trying to convince minor and often extreme parties to join their coalition and agreeing to some very extreme and very self interest centered goals of the minor parties.

Bob Worsley's voting record proves beyond a shadow of doubt that he is very comfortable with Big Government, Big Corporate, and Special Interest control over the education that every Arizona child receives beginning in Kindergarten through Grade 12.

(A) An individual who is a citizen of the United States; (B) A partnership each of whose partners is an individual who is a citizen of the United States; or (C) A corporation or association organized under the laws of the United States or a State, the District of Columbia, or a territory or possession of the United States, of which the president and at least two - thirds of the board of directors and other managing officers are citizens of the United States, which is under the actual control of citizens of the United States, and in which at least 75 percent of the voting interest is owned or controlled by persons that are citizens of the United States.

There are other ways to «class» stocks, most of which have a similar tradeoff between earnings percentage and voting percentage (typically by balancing these two you normalize the price of stocks; if one stock had better dividends and more voting weight than another, the other stock would be near - worthless), but companies may create and issue «superstock» to controlling interests to guarantee both profits and control.

On that note, he voted in favor of the Bipartisan Student Loan Certainty Act which removed federal control on student loan interest rates.

For purposes of this subdivision, the term control means ownership of all of the voting stock or comparable voting interest of the controlled person.

Except as provided in subdivision (2a) of this section, «control» means the power to vote more than twenty percent (20 %) of outstanding voting shares or other interests of a corporation, partnership, limited liability company, association, or trust.

As with constitutional monarchy mixed with parliamentary democracy (elected House of Commons plus unelected Senate *), the LSUC had stumbled upon the best form of self - regulation: voting elected and lay benchers in ultimate control, with lay benchers helping to make the public interest a live issue at all times, a competent staff, and, importantly, a group of experienced independents.

Namely, «lawyers would have to maintain the controlling financial interest and voting rights in the law firm.»

More members were appointed from the police / prosecutor interests, and every vote taken was controlled by their group thereby ignoring the proposals of the parties who actually deal with sentencing issues for example.

The creation of a new nonvoting stock class — a plan that came together this spring — allowed Zuckerberg to pursue his long - term philanthropic interests with his wife, while at the same time maintaining control of the company and avoiding dilution of its voting stock.

Rent control failed to pass in Orange County due to heavy lobbying by apartment owners who duped the public into voting against their best interests.