Sentences with phrase «minority shareholder of»

Although he had resigned from those positions for unrelated reasons, he remained a significant minority shareholder of a certain class of convertible preferred shares.

He was recruited away by a competing start - up publication, induced to leave his employer of many years by a promise of great wealth to be achieved through his becoming a minority shareholder of the new or young company.

Multinational Company in a dispute on the potential liability of the majority shareholder in connection with a controlled company and the minority shareholder of that controlled company

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.

Notable mandates: Acted for Soltoro Ltd. in connection with its successful disposition by plan of arrangement to Agnico Eagle Mines Ltd.; co-counsel for Trillium Motor World Ltd. in class action against General Motors of Canada Ltd. and Cassels Brock & Blackwell LLP; acted for Canadian Solar Inc. in connection with raising an aggregate of US$ 50 million in equity and US$ 100 million in debt financing for acquisition financing and working capital purposes; external counsel to the Regional Municipality of York, providing a wide range of municipal, real estate, expropriation, litigation, and commercial law advice and services; counsel to minority shareholder of a Nevis LLC worth more than US$ 500 million with respect to a claim for relief from unfair prejudice in litigation in Nevis and the Commercial Division of the Eastern Caribbean Supreme Court in British Virgin Islands, and in contemporaneous related actions in Belize and the United States.

Representation of a minority shareholder of grocery distribution company in freeze out action.

This week Koloni, Reklam, Sanayi, Tigater LTD, a minority shareholder of Bellator Sport Worldwide LLC, sued the company's majority owner in the Superior Court of California.

Successfully obtained a plaintiff's jury verdict for a minority shareholder of a limited liability company providing care to developmentally - disabled adults in a case involving breach of fiduciary duty, fraud, and trade secret allegations

A committee of the independent members of the board of directors has been established to review the offer, which would require approval by a majority of the minority shareholders of Sun - Rype.

Sprint needs investment from SoftBank to help it pay for a network upgrade and its proposed buy out of the minority shareholders of Clearwire Corp (CLWR.O), in which Sprint already has a majority stake.

Ergen is also fighting with Sprint to buy out the minority shareholders of Clearwire Corp, which is already majority owned by Sprint.

KP: You're being accused by minority shareholders of the bank of issuing Hr 1 billion worth of insider loans to yourself.

Notably, he acted in the action brought by the minority shareholders of Borden Co Pte Ltd which went before the Court of Appeal.

The team's work included acting for Lauma Fabrics on its acquisition of Felina International, and assisting the minority shareholders of Santa Monica Networks with the sale of their shares to Livonia Partners Fund I.

US fund Fidelity offers to buy out minority shareholders of data centre provider Colt and take the company private

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.

The transaction provides total consideration to minority shareholders of Brookfield Residential of approximately US$ 871,000,000.

Not exact matches

Generally, an entrepreneur can not own 50 percent or more of the business that his or her IRA is invested in, unless the company has a minority shareholder with complete veto power over all transactions — but in some cases, even that won't be allowed.

«So we're talking about a significant minority of these shareholders that would incur these capital gains.»

Smurfit Kappa, Europe's largest producer of paper - based packaging, said on Tuesday that under the proposal its shareholders would receive a combination of cash and a minority holding in the combined business.

Engineering contractor Calibre Group has announced a radical restructuring that includes a partial buyout of minority shareholders, delisting from the ASX, and the purchase of Sydney - based company Diona for $ 45 million.

An alternative would have been to make the merger subject to approval by a majority of their minority shareholders.

«You want to limit the number of minority shareholders you have,» he says.

The rights of minority shareholders are critical to corporate governance.

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

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.

A C$ 3.6 billion bid by New Zealand's Fletcher Challenge to acquire Fletcher Challenge Canada's pulp and paper assets has been scuppered by Canadian minority shareholders, only nine percent of whom voted in favour of the plan.

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

But now that word of the spurned approach has leaked out, pressure will be on Brown - Forman, even if its minority shareholders don't have much say in the matter.

«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.

In many cases, the collective holdings of the minority shareholders are considerably less than half of the total shares.

Additionally, there are several other related party transactions involving Walton family members and Wal - Mart executives, that raised concerns regarding the effectiveness of our board in representing the interests of us, the minority shareholders.

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.

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.

In particular, companies should be allowed to introduce dual - class shares after they have gone public, subject to a majority - of - minority shareholder vote.

On Wednesday, Chancellor Leo Strine of Chancery Court gave companies a powerful incentive to build both independent board review and minority shareholder approval into the going - private process, writing new law that should boost shareholder protections.

Experience with cumulative voting suggests that adversarial relations between the majority block and the minority of shareholder nominees commonly dominate such divided boards.

Dr. Attig pioneered a corporate governance study on expropriation and protection of minority shareholders in Canada and their effects on corporate valuation and stock market liquidity.

At present, the board of Amazon.com, Inc. includes no racial or ethnic minorities, according to data from Institutional Shareholder Services, and just three women.

The opinion of an independent third party can also help you decide which route to take when dealing with relationships and transactions with minority shareholders, employee ownership and stock option arrangements, and litigation and shareholder disputes.

The squeeze - out of the minority shareholders can be completed at the end of six weeks from the date the notice has been given, subject to the minority shareholders failing to successfully lodge an application to the court to prevent such squeeze - out any time prior to the end of those six weeks following which the offeror can execute a transfer of the outstanding shares in its favor and pay the consideration to us, which would hold the consideration on trust for the outstanding minority shareholders.

That means fewer premium bids, less pressure on firms to shape up, and more stitch - ups of minority shareholders.

By adjusting for minority interest liabilities, one can better understand the value of the stock to shareholders.

Ct. 2015), Mr. Bruckner and the Corporate Governance team caused the North State Bancorp merger agreement to be amended to provide a «majority of the minority» provision for common shareholders in connection with the shareholder vote on the merger.

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.

Highly - concentrated ownership has historically served to insulate major shareholders in Italian companies from minority actions, but the growing participation of foreign institutional investors is challenging the old structure.

Most of the company's earnings are sent off to shareholders via dividends and buybacks, withholding only a minority portion of earnings for future growth.

Whenever it is disclosed in the footnotes, we subtract the fair value of minority interests instead of the reported value for a more accurate measure of shareholder value.

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.