Sentences with phrase «shareholder rights in»

The decision by the Conservative government to nix BHP Billiton Ltd.'s $ 38 - billion acquisition of Potash Corp. of Saskatchewan Inc. effectively neuters shareholder rights in this country and handcuffs lawyers from rendering any meaningful advice under the Investment Canada Act.
The focus of this article is the oppression remedy as it relates to shareholder rights in corporations, particularly closely - held private ones.
In terms of value, acting in an LCIA arbitration concerning shareholder rights in a major aluminium producer — the dispute concerned contracts worth some $ 48bn and is reportedly the largest ever claim brought before the LCIA.
In addition to the tax risk, with no real shareholder rights in place, there is no accountability by Carlyle to those who buy their units / shares.
In March last year, the company assembled Transparent Management Committee, an organization designed to protect shareholder rights in its board of directors, appointing an outside director responsible for protecting shareholder rights.

Not exact matches

«The Newell Board recognizes the importance of having the right mix of skills, expertise and experience and is committed to continuously reviewing its capabilities and ongoing refreshment on behalf of shareholders,» it said in a statement.
Fukakusa was circumspect in addressing the question, writing the bank will «look for the right balance between investing in our businesses for long - term growth, returning capital to shareholders through dividends and share buybacks, and pursuing select acquisitions that fit our strategy and risk appetite.»
«Decades ago, shareholders in Delaware corporations were granted the right to seek appraisal in mergers where they believe they are not receiving fair value for their shares,» a spokesperson for the firm told Fortune.
Sounds like a sweet deal, especially if you're a shareholder in one of these corporations, right?
Shareholders will vote on a rights plan devised by management to thwart Icahn's takeover bid in Toronto on May 4.
In her memory, we devote our actions to a just cause; to defend what is right and to protect the interest of not only shareholders but most importantly the far more important stakeholders of employees, drivers and customers whose lives have been forever altered by the abiding faith and fervent hard work of Travis Kalanick and the Uber team.
In a recent proposal put forward to Canada's major banks, Quebec - based shareholder rights group MÉDAC (Mouvement d'éducation et de défense des actionnaires) asked the Big Five to commit to achieving equal representation between men and women on their boards in 10 yearIn a recent proposal put forward to Canada's major banks, Quebec - based shareholder rights group MÉDAC (Mouvement d'éducation et de défense des actionnaires) asked the Big Five to commit to achieving equal representation between men and women on their boards in 10 yearin 10 years.
Our clients are investors in these various companies and as investors, they have a voice and they have a right to file a shareholder proposal at the companies.
Jia said he had asked his wife, Gan Wei, and brother to represent him at Leshi Internet Information & Technology Corp in exercising shareholder rights and handling the sale of assets.
So in periods of economic uncertainty — like right now — companies choose to give cash to shareholders instead.
«Goldilocks Investment Company Ltd has filed legal action today in light of the continuing refusal by Noble Group Ltd to recognize legitimate legal rights of Goldilocks as a shareholder of Noble,» the investment fund, which holds an 8.1 percent stake in Singapore - listed Noble said in a statement.
«Today's action by the board was the culmination of a blatant bait and switch, essentially robbing loyal employees, including the more than 200 early founding Uber employees and advisors, of their hard earned shareholder rights worth billions in value,» they said.
Buffett is right that, for most of his stock - picking history, shareholders have likely been better off leaving their money in his care rather than siphoning the cash into their own accounts by way of dividends: Since 1965, Berkshire Hathaway stock has delivered annualized returns of nearly 21 %, more than double the S&P 500.
(Would you want to be a major shareholder in Xerox right now?)
This means that with the purchase of stock must come the same economic rights, such as receiving dividends or compensation in the event of liquidation at the same time and in the same amount per share as all other shareholders.
At the conclusion of his four - month trial in 2007, prosecutors sought to convict on two alternative theories: one, that defendants actually stolen money from the company or; two, that by failing to disclose these payments, they'd deprived shareholders of their intangible right to honest services.
You'll want to hire a securities lawyer to draft a proper shareholders agreement, which will contemplate how to operate the company after the offering, and what rights new shareholders will have in the company.
We believe in one share one vote as a fundamental right of shareholders,» says Ann Yerger, the council's executive director.
Friedland, fearing a creeping takeover, adopted a shareholder rights plan in 2010.
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.
Abu Dhabi - based Goldilocks, which holds an 8.1 percent stake in Noble, filed lawsuits in Singapore last week, saying Noble is not recognising its «legitimate legal rights» as a shareholder.
The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation matters, including claims of investor and stockholder fraud, shareholder derivative suits, and securities class actions.
Today, we remain every bit as committed to earning the right to be our clients» first choice, providing rewarding careers for our employees, delivering returns to shareholders who invest with us, and supporting the communities in which we are privileged to operate.
Flaherty supports the proposal, arguing in an April letter to his G20 counterparts that embedded contingent capital would «force the costs of excessive risk - taking to be removed from taxpayers and placed on to the right people — shareholders and subordinated debt holders — thus improving market discipline.»
«I think the algorithm for creating shareholder value in the private markets right now is: Find a great market, put together a great team, have technology at the heart, and establish your position as the perceived leader,» Galloway said.
In no case, except due to an adjustment to reflect a stock split or other event referred to under «Adjustments» below, and except for any repricing that may be approved by shareholders, will the plan administrator (1) amend an outstanding stock option or stock appreciation right to reduce the exercise price or base price of the award, (2) cancel, exchange, or surrender an outstanding stock option or stock appreciation right in exchange for cash or other awards for the purpose of repricing the award, (3) cancel, exchange, or surrender an outstanding stock option or stock appreciation right in exchange for an option or stock appreciation right with an exercise or base price that is less than the exercise or base price of the original award, or (4) take any other action that is treated as a repricing under U.S. generally accepted accounting principleIn no case, except due to an adjustment to reflect a stock split or other event referred to under «Adjustments» below, and except for any repricing that may be approved by shareholders, will the plan administrator (1) amend an outstanding stock option or stock appreciation right to reduce the exercise price or base price of the award, (2) cancel, exchange, or surrender an outstanding stock option or stock appreciation right in exchange for cash or other awards for the purpose of repricing the award, (3) cancel, exchange, or surrender an outstanding stock option or stock appreciation right in exchange for an option or stock appreciation right with an exercise or base price that is less than the exercise or base price of the original award, or (4) take any other action that is treated as a repricing under U.S. generally accepted accounting principlein exchange for cash or other awards for the purpose of repricing the award, (3) cancel, exchange, or surrender an outstanding stock option or stock appreciation right in exchange for an option or stock appreciation right with an exercise or base price that is less than the exercise or base price of the original award, or (4) take any other action that is treated as a repricing under U.S. generally accepted accounting principlein exchange for an option or stock appreciation right with an exercise or base price that is less than the exercise or base price of the original award, or (4) take any other action that is treated as a repricing under U.S. generally accepted accounting principles.
In addition to his efforts on behalf of shareholders, he has represented numerous patent holders in enforcing their patent rightIn addition to his efforts on behalf of shareholders, he has represented numerous patent holders in enforcing their patent rightin enforcing their patent rights.
In addition to announcing the challenge to Apple's shareholder proposal, Greenlight also filed a lawsuit in U.S. federal court in New York to block the amendment, saying such a move violates shareholders» rightIn addition to announcing the challenge to Apple's shareholder proposal, Greenlight also filed a lawsuit in U.S. federal court in New York to block the amendment, saying such a move violates shareholders» rightin U.S. federal court in New York to block the amendment, saying such a move violates shareholders» rightin New York to block the amendment, saying such a move violates shareholders» rights.
While common stockholders are afforded certain voting rights, economic participation in the event of a liquidity event or declaration of dividends is subordinate to creditor and preferred shareholder cash distributions.
Its purpose is to be a pro-active voice representing Canadian individual or retail investors in securities regulation with a particular focus on shareholder rights.
«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.
Effective Supply Chain Accountability: Investor Guidance on Implementation of The California Transparency in Supply Chains Act and Beyond identifies good corporate practices to ensure corporate compliance with the law, the business case for compliance, shareholder expectations, and the elements of a comprehensive human rights due diligence framework.
Those have long been fun theoretical questions; for myself, I'm a big fan of the notion that companies should be able to choose exactly what rights go in the bundle that shareholders get, and what level of care and catering they promise to shareholders.
And, usefully, an individual shareholder in a mutual fund has some control rights in that mutual fund.
Obviously there is counter-innovation, and I guess your priors will determine how you interpret the recent wave of public offerings in which shareholders have reduced control rights.
Described by the New York Times «a super-specialist» in human rights activism, Simon Billenness has over 25 years of experience in advising investors on shareholder advocacy.
With a background in civil rights advocacy, Amina has a special appreciation for the impact of working for social and economic justice through investing and shareholder engagement.
Shareholders provide capital to a corporation in exchange for a bundle of rights defined by state law and the corporation's charter and bylaws.
Furthermore, under the law in Delaware — legal home to more than half the Fortune 500 and the benchmark for corporate law — the right to manage the business and affairs of the corporation is vested in a board of directors elected by the shareholders; the board delegates that authority to corporate managers.
Clayton promised that before the SEC allows a company to cut off shareholders» right to sue, the commissioners themselves would «give the issue full consideration in a measured and deliberative manner.»
Zooming in on climate change, Proxy Preview highlights one new shareholder proposal «that raises questions about transporting oil and gas by train and several taking up different angles on deforestation that connect ecological and human rights impacts.»
In some cases, a lower valuation with lower preferred share rights may yield a higher economic outcome for common shareholders than a higher valuation with a high level of preferred share rights.
In any event, assuming full disclosure, they become shareholders knowing that they will have lower voting rights than the insiders and having accepted as adequate whatever trade - off is offered by the firm in recompensIn any event, assuming full disclosure, they become shareholders knowing that they will have lower voting rights than the insiders and having accepted as adequate whatever trade - off is offered by the firm in recompensin recompense.
By contrast Skyworks» shareholders did not have any special meeting rights when the shareholder proposal was submitted back in December; however the board subsequently implemented a 25 % threshold in January 2018.
To the contrary, limitations on shareholder voting rights in fact are as old as the corporate form itself.
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