FORTUNE — We've seen companies like News Corp (NWS), Blackstone (BX), and LinkedIn (lnkd) chip away at shareholder rights by limiting the
voting rights of shareholders.
I used to deal with the disputes in relation to the
preemptive right of the shareholders during equity transfer, and major shareholders» expropriation; after the Company Law Interpretation IV took effect, the remedies available are clearer.
Some want inappropriate pay matters to be addressed through stronger legal protection for
the rights of shareholders.
The actions at Google, Facebook and Carlyle all fly in the face of sections two and three of those principles, which describe
the rights of shareholders.
It happens that in pursuing misbehaving companies, Elliott sometimes ends up sniffing out nefarious behavior: «Unfortunately, some of the people involved in these situations tend to ignore
the rights of shareholders and creditors, and act entitled to do whatever they want.»
The rights of the shareholders of Caledonia may be different in certain respects from the rights of shareholders of a company incorporated in the United Kingdom or other jurisdictions.
Mr Howard also asks whether WCB solicited Saputo's bid, and alleges
the rights of shareholders of Bega Cheese — which owns 18.4 per cent of WCB — and Murray Goulburn — which owns 17.7 per cent — are not being considered.
The regulations governing Standard Life Aberdeen plc's internal management -
the rights of shareholders, the conduct of meetings and the appointment, removal and powers of the Directors - are set out in the Company's articles of association.
Force the stewards of capital — the boards and officers — to recognize
the rights of shareholders — the rightful owners of that capital.
The Bylaws may also contain information concerning
the rights of shareholders, directors, and officers, identifying information, and corporate name protection.
Specifically, 1) the exception has a «very high threshold», 2) the alleged «personal grievance» needs to be the «primary purpose» of the sought meeting, 3) the determination by the board must be made on «objective evidence», and 4)
the right of shareholders to requisition a meeting is a «fundamental right».
Whether due to the lack of a formal agreement, issues not originally anticipated, or disagreements that develop regarding the future of the business, the outcome of the dispute and
the rights of shareholders depend on identifying the proper remedies and ensuring they are implemented.
Trepanier MacGillis Battina P.A. regularly represents corporations and individual shareholders in disputesand litigation involving
the rights of shareholders in corporations and limited liability companies.
• More detailed regulations for
the right of shareholders to information with respect to the activity carried out by the directors of a limited liability company;