Sentences with phrase «failings by the management company»

«Many of the claims from the residents may be covered by insurance, however, there may have been serious failings by the management company, acting on behalf of the local authority, that may give rise to further liability in contract (to the tenants of the block) and in negligence.

Not exact matches

Despite becoming aware of the breach and having it reported to Yahoo's senior management and legal department, the company failed to properly investigate and did not disclose it to the public until more than two years later, when it was in the process of being acquired by Verizon Communication Inc, the regulator said.
Greenberg is forced out after a 2005 accounting scandal, and the company, distracted by a full regulatory assault by then — New York attorney general Eliot Spitzer, allows its risk management to fail all but completely.
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».
For example, in 2014, to advance a takeover of Allergan by Valeant Pharmaceuticals, Bill Ackman, of Pershing Square Capital Management, attacked Allergan's board for failing to do what the directors were paid to do «on behalf of the Company's owners.»
Good to Great: Why Some Companies Make the Leap... and Others Don't is a 2001 management book by James C. Collins that aims to describe how companies transition from being average companies to great companies and how companies can fail to make the trCompanies Make the Leap... and Others Don't is a 2001 management book by James C. Collins that aims to describe how companies transition from being average companies to great companies and how companies can fail to make the trcompanies transition from being average companies to great companies and how companies can fail to make the trcompanies to great companies and how companies can fail to make the trcompanies and how companies can fail to make the trcompanies can fail to make the transition.
Charter schools, such as those associated with Achievement First, Inc. the charter school management company co-founded by Governor Malloy's Commissioner of Education and the FUSE / Jumoke Academy charter school management company, consistently fail to provide educational programing to their fair share of non-English speaking students and those who students who need special education services.
But the damage might be irreparable: thousands of closed schools, worse conditions in those left open, an extreme degree of «teaching to the test,» demoralized teachers, rampant corruption by private management companies, thousands of failed charter schools, and more low - income kids without a good education.
According to the EFA, the trust also failed to ensure that none of its other directors were on the boards of Durand Education Trust, London Horizons Limited or GMG Management Resource (UK) Ltd, a company owned by Martin, by August 1.
In a survey conducted by the Turnaround Society, more than half of the experts say a company failed because management stubbornly stuck to a strategy that wasn't working.
As a brief overview, the Management and Board have embarked upon a failed merger that garnered virtually no support from its shareholders, and was opposed by ISS, and continued on that path until the date of the special shareholders meeting and scheduled vote, spending lavishly in a failed effort to close it; attempted to implement substantial new options to itself, a plan opposed by ISS and the shareholders, which was withdrawn; continually paid itself outrageous sums of the shareholders money over the past three years; rejected highly qualified outside board members with deep, broad healthcare company experience supported by its shareholders; held many Board and Committee meetings with nothing to show for it; formed a new Strategic Transactions Committee that is highly paid but that has produced no deals for the shareholders to consider or for any outside valuation experts to formally review; spent lavishly on accountants, auditors and counsel; failed to successfully hire any outside professional negotiators and finally extinguish or remove the outstanding lease obligations; distributed no cash to the shareholders despite holding excess amounts; formed no special purpose entity to hold any royalty and milestone rights and payments for the benefit of its shareholders; and thus generally failed in its fiduciary duties to shareholders.
The German Federal Government plan to have one million electric cars on its roads by 2020 has failed, according to the analysis of international management consulting firm Bain & Company.
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».
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