Sentences with phrase «of shareholder agreement»

Unfortunately, neither the buy - sell provision, nor the remainder of the shareholder agreement, specifically contemplated the release of the selling shareholder's personal guarantees on closing of the buy - sell transaction.

Representation of a minority shareholder in breach of fiduciary duty and breach of shareholder agreement regarding employment termination and stock repurchase.

Institutional VC investments inevitably involve a range of shareholder agreements.

MaRS has created a sample template of a shareholders agreement to help streamline business for startups, investors, founders and their respective legal advisors.

Both sides may wish to instruct legal counsel to assist in the final negotiation and drafting of Shareholder Agreements, etc, and if for any reason the deal does not close then our Members» legal costs will be borne by us.

Piers Feltham undertakes drafting work in relation to the establishment of shareholder agreements and joint ventures.

Piers also undertakes drafting work in relation to the establishment of shareholder agreements and joint ventures.

If you have any questions regarding the legal aspects of shareholder agreements, contact the Chicago business lawyers at Bellas & Wachowski Attorneys at Law for further guidance.

Bill has extensive experience in providing tax and structuring advice to private and public companies and investment funds in respect of shareholders agreements, partnership and limited partnership agreements, joint venture arrangements, and other complex commercial arrangements.

a Cyprus based company which holds shares in a number of solar projects in Japan and other countries, in ICC arbitration and related court proceedings in the Netherlands and Cyprus; the dispute arising out of shareholders agreements exceeded $ 50m.

For example, suppose you are a corporate lawyer who has written an article for the local business journal and spoken to the corporate bar about the importance of shareholder agreements in closely held companies.

Advising a client in an action for breach of a shareholders agreement and an unfair prejudice action.

Obtained judgments totaling $ 6.5 million in two jury trials for two telecommunications entrepreneurs against a Fortune 500 company in two related cases involving breaches of shareholder agreements.

Not exact matches

The company also issued a statement indicating it would not renew a shareholder agreement with L'Oreal, in which is has a 23 percent stake, beyond March 21 of this year.

Pet supply retailer PetSmart Inc succumbed to calls from some shareholders for a sale on Sunday with an agreement to be bought by a private equity consortium led by BC Partners Ltd for $ 8.7 billion, in the largest leveraged buyout of the year.

The tussle for control of Phoenix Gold intensified today after Zijin Mining Group struck a pre-sales agreement with one of the miner's largest shareholders, boosting its interest to 17.9 per cent ahead of announcing a cash takeover bid that values the business at $ 47 million.

Perth - based explorer Image Resources has entered into an agreement for the purchase of a wet concentration plant, and an offtake deal for product from its Boonanarring mineral sands project near Gingin, with a Chinese zircon company to emerge as a major shareholder.

P.J.'s shares were put under control of trustees who along with the four children drafted a shareholders agreement.

The conflict between Maple Leaf and Teachers» began at the end of June, when a long - term shareholder agreement between Teachers» and McCain Capital Corp. finally expired.

Qualcomm said on Tuesday it had entered into agreements with nine NXP stockholders, who collectively own more than 28 percent of NXP, including top shareholder Soroban Capital Partners LP and second - largest Elliott.

«Through a series of intragroup financial and commercial agreements, the majority shareholders group implemented a policy that resulted in draining, to its own benefit, the treasury and the wealth of the joint company,» Gecamines said in a statement.

By February of 2016, some of Shop.ca's existing cash investors had grown confident enough in Chvala's plan that they had warmed to the idea of pursuing further investment — provided the shareholders agreement was revised.

The friendly nature of the bids is highlighted by the fact that Calima has already secured pre-bid acceptance agreements from major shareholders with a 19.9 % stake in TSV Montney and an 8.6 % stake in TMK Montney.

Fan also pointed out that Verizon Wireless can not invest outside of the continental U.S. due to a shareholder agreement with British telecom company Vodafone (which owns a 45 per cent stake in Verizon Wireless), and that it would be unlikely that any wireless investment by Verizon Communications Inc. would occur outside of Verizon Wireless.

Mark Zweig, founder of privately held Zweig White & Associates, a $ 4.2 - million publishing and consulting company in Natick, Mass., addresses that problem through the buyback provision in the company's shareholders» agreement.

The Perth - based explorer led by the experienced oil and gas duo of Alan Stein and Jonathan Taylor advised that the boards of TSV Montney and TMK Montney had signed bid implementation agreements in which they unanimously recommend shareholders accept Calima's offers, in the absence of a superior proposal.

Has there been any agreement that solving these problems is important, not simply because of headline risk, or for the purpose of preserving shareholder value, but because it's the right thing to do?

Hedge fund Elliott has taken a stake of almost 3 percent in Sky, according to its latest filing, and other shareholders have also argued that Disney's agreement to buy Fox implies a higher value for Sky.

Under the terms of the agreement, Dr Pepper Snapple shareholders will receive $ 103.75 per share in a cash dividend and retain 13 % of the combined company.

In an unprecedented move Wednesday, Exxon Mobil shareholders voted in favor of a non-binding proposal that they say will force the company to truly back the Paris climate agreement.

Because of the company's ever - increasing book value, insurance costs are high, so Bunn is currently funding a portion of the shareholder - buyout agreement through a combination of tax - advantaged vehicles.

Nexus Minerals has entered into a Heads of Agreement with the shareholders of MTIC Corporate that gives Nexus an option to acquire 20 per cent of the issued capital of MTIC.

Almost exactly a year ago, an unnamed group of Sprout shareholders (potentially but not necessarily including the Whiteheads) sued Valeant for not following through on the terms of the merger agreement, including marketing obligations required as part of the deal.

Camber Capital Management, a hedge fund with an activist history, has purchased 5.7 million shares of Tenet Healthcare Corp., or a 5.7 % stake in the money - losing hospital chain.The emergence of Camber was disclosed Monday, just three days after Tenet's largest shareholder, Glenview Capital Management, resigned two Tenet board seats, citing irreconcilable differences with management and the board.Glenview Capital, which owns an 18 % stake in Tenet, gave notice Friday that it would no longer participate in a stand - still agreement that had prevented it from launching a proxy fight for control of the company.Tenet investors welcomed the Camber disclosure Monday, driving up Tenet's stock price to $ 2.18, or 15 %, to $ 16.63 as of 12:30 p.m. ET.Tenet is the nation's third - largest investor - owned

As Weston holds approximately 63 % of Loblaw's common shares, Loblaw expects that the TSX will accept Weston's agreement to support the transaction as evidence of shareholder approval and not require Loblaw to hold a shareholder meeting.

Under the terms of the agreement, shareholders of 21st Century Fox will receive 0.2745 Disney shares for each 21st Century Fox share they hold (subject to adjustment for certain tax liabilities as described below).

For example, the expected timing and likelihood of completion of the proposed merger, including the timing, receipt and terms and conditions of any required governmental and regulatory approvals of the proposed merger that could reduce anticipated benefits or cause the parties to abandon the transaction, the ability to successfully integrate the businesses, the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement, the possibility that Kraft shareholders may not approve the merger agreement, the risk that the parties may not be able to satisfy the conditions to the proposed transaction in a timely manner or at all, risks related to disruption of management time from ongoing business operations due to the proposed transaction, the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of Kraft's common stock, and the risk that the proposed transaction and its announcement could have an adverse effect on the ability of Kraft and Heinz to retain customers and retain and hire key personnel and maintain relationships with their suppliers and customers and on their operating results and businesses generally, problems may arise in successfully integrating the businesses of the companies, which may result in the combined company not operating as effectively and efficiently as expected, the combined company may be unable to achieve cost - cutting synergies or it may take longer than expected to achieve those synergies, and other factors.

George Weston Limited, Loblaw's controlling shareholder, has entered into a voting agreement in support of the transaction.

(Reuters)- Pet supply retailer PetSmart Inc succumbed to calls from some shareholders for a sale on Sunday with an agreement to be bought by a private equity consortium led by BC Partners Ltd for $ 8.7 billion, in the largest leveraged buyout of the year.

The separation, which does not require a shareholder vote, remains subject to market conditions, customary regulatory approvals, an affirmative ruling from the US Internal Revenue Service, the execution of separation and intercompany agreements, and final board approval.

Proposal details: We note how many proposals have been filed in each category, which are now pending, how many have been withdrawn for tactical or substantive reasons after negotiated agreements with companies, and the disposition of challenges to the proposals at the Securities and Exchange Commission (SEC) under its shareholder proposal rule.

CanniMed board approves shareholder rights plan that prevents Aurora, which says it has 38 % of shares locked up, from buying more shares or signing new lock - up agreements

Under the terms of the agreement, ILG shareholders will receive $ 14.75 in cash and 0.165 shares of MVW common stock for each ILG share.

DALLAS --(BUSINESS WIRE)-- NexPoint Credit Strategies Fund (NYSE: NHF)(«NHF») today announced that it has set February 17, 2015 as the new record date for its special meeting of shareholders, which is scheduled for March 6, 2015, to approve a new investment advisory agreement to be entered into by NHF's subsidiary NexPoint Residential Trust, Inc. («NXRT») in connection with NHF's proposed spin - off of NXRT.

Under the terms of the merger agreement, which has been unanimously approved by the Boards of both companies, ILG shareholders will receive $ 14.75 in cash and 0.165 shares of MVW common stock for each ILG share.

DALLAS --(BUSINESS WIRE)-- NexPoint Credit Strategies Fund (NYSE: NHF)(«NHF») announced today that its shareholders have approved a new investment advisory agreement to be entered into by NHF's subsidiary NexPoint Residential Trust, Inc. («NXRT») in connection with NHF's proposed spin - off of NXRT.

Under the terms of the agreement, Popeyes shareholders will be entitled to receive $ 79.00 for each share of Popeyes common stock they own.

«The agreement between the Benacerrafs and the shareholder in Portugal expired at the end of 2016 and the Benacerraf family chose not to renew that,» G. Frederick Reinhardt, Brickell Bank chairman and CEO, said in a statement.

Key provisions of a VC term sheet include: investment structure, key economic terms, shareholder agreements, due diligence, exclusivity and closing.

'» [12] In particular, there is growing agreement that «Delaware jurisprudence favors director primacy in terms of the definitive decision - making power, while simultaneously requiring directors to be ultimately concerned with the shareholders» interest.»