Sentences with phrase «special committee obligations»

We advise clients on structuring considerations, related - party rules, special committee obligations, take - over defences and contested shareholder meetings.

Not exact matches

Recently, a group of UN experts, among whom the Special Rapporteur on the Right to Health and the Committee on the Rights of the Child, have reiterated that these obligations, including protection against misleading marketing, constitute an integral part of States» human rights obligations.

(6) incur temporary debt in anticipation of receipt of funds; provided that a Horace Mann school shall obtain the approval of the local school committee and appropriate local appropriating authorities and officials relative to any proposed lien or encumbrance upon public school property or relative to any financial obligation for which the local school district shall become legally obligated; and provided further, that notwithstanding any general or special law to the contrary, the terms of repayment of any charter school's debt shall not exceed the duration of the school's charter without the approval of the board;

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it; attempted to implement substantial new options to itself, a plan opposed by ISS and the shareholders, which was withdrawn; continually paid itself outrageous sums of the shareholders money over the past three years; rejected highly qualified outside board members with deep, broad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 practice of the Human Rights Committee with respect to State reporting obligations indicates its tendency to scrutinise closely «special» or «extraordinary» criminal courts in order to ascertain whether they ensure compliance with the fair trial requirements of Article 14.

The Manitoba Court of Appeal reviewed the fiduciary obligations of a committee to an incapable person and concluded that «the breach of such a special relationship gives rise to the widest array of equitable remedies» (at paragraph 21) and that the «court is concerned not only in compensating a wronged plaintiff, but also in upholding the obligations of good faith and loyalty» (at paragraph 22).