Questions tagged [shareholders]
74 questions
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What's the difference between a share and a stock?
In my company constitution I found the following:
At any time, the directors may allot and issue unissued shares subject to clause 8, or grant options over
unissued shares, on any condition and at any time they see fit, taking care to preserve…
Anthony
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What's the legal basis for a judge voiding Elon Musk's pay package?
Recently a judge in Delaware voided Elon Musk's contracted pay package with Tesla. Here's a sample story about it:
CNBC - Elon Musk’s $56 billion Tesla compensation voided by judge, shares slide
And the court's post-trial opinion (January 30,…
Kyralessa
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Is there anything that stops the majority shareholder(s) from destroying company value?
Let's say Alice and Bob start a company. Alice owns 90% of said company, and Bob the remaining 10%. One day Alice decides to start destroying shareholder value, viz. by throwing all the company's expensive equipment into the trash. Can Bob do…
Allure
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Does a shareholder of a company also have copyright rights?
If I buy, say, a share in The Walt Disney Company, does that give me part ownership in the intellectual property?
Does this ownership then give me the right to copy it?
danuker
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How is a shareholder allowed to sue the company?
There are news about shareholders suing VW due to the losses that happened by the emissions fraud (lots of examples in the news, this is just one of them).
Now, I understand customers suing VW, and I would understand shareholders suing the CEO, the…
SJuan76
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4
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Duty to disclose to shareholder vs. confidential information
I was talking with friends about Apple switching from Intel CPUs to their own, and an interesting question popped up.
Since we're not privy to any of the details, this is purely speculative and out of curiosity.
Apple has been a customer of Intel…
Thomas
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Are businesses required to let all shareholders attend their offline shareholder meetings?
Cover Corporation is a Japanese media company managing content creators which is listed on the Tokyo Stock Exchange as of March 27, 2023. They held a shareholder meeting at June 29th, 2023. It was announced ahead of the event that those who could…
mkm49573
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Where is the legal responsibility to maximise shareholder value stated in UK company law?
I can not find where in the model articles for UK companies it says the responsibility of the directors is to maximise shareholder…
AJP
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4
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Can the Feds not put Bank Executives (or their employees) in Prison for Fraud?
I see stories such as this one quoted below where a Wells Fargo exec who headed phony accounts unit collected $125 million.
Basically the notion is that big fat cat bankers can swindle people out of BIG money and have absolutely no consequences,…
Who killed Biggie and Tupac
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Who owns the company before the founders' shares vest (HBO's Silicon Valley plot point)?
In the HBO show Silicon Valley, an important plot point is when one investor fires the founder/CEO against everyone's objections.
Originally, the founder gave 10% of the company to investor A (a business incubator), who also got a board seat.
The…
MWB
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3
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Conflict of interest when removing a director
I work for a UK limited company with two shareholders, and two directors. I am one of the directors and the majority shareholder (over %50 of total shares). The company's articles of association are the Model Articles from Companies House.
If I want…
Randomblue
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Where are Share Classes defined in an LLC?
Where are Share Classes defined in an LLC. For example, if I look at facebook's constitution at the link below, there are no definitions for share classes. I was thinking there would have been such a definition as Mark Zuckerberg owned special…
Anthony
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What limited legal rights do bondholders, suppliers, and employees have in a corporation?
According to this article corporations prior to the 1970s were run differently; until the idea that Milton Freidman put forth that a corporation's job was to maximize shareholder value; before that bondholders, suppliers, and employees had equal…
leeand00
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Must a for-profit corporation use share-based ownership?
Generally, corporations are structured so that ownership is represented by shares, and a person can own any number of shares.
Is this structure required by law? Or can corporations be created that use a different mechanism to represent or determine…
interfect
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What are the simplest ways to gain a Property/Proprietary Interest in equity shares held by a defendant?
I don't understand how someone can have "a property interest that is not a security interest". I'm assuming the example below, of a claimant havinmg "a priorietary interest in shares that are held by the defendant" instantiates a property interest…
user41441