Update 14 March 2011: The Company’s legal advisors have confirmed to Manifest that all shareholders are entitled to vote on the single resolution to approve the transaction. The votes will be counted twice – the first time to satisfy the …
Read MoreThe NSW Court of Appeal has overturned the decision of the NSW Supreme Court in respect of seven directors who had received bans on serving as directors. The Supreme Court had found that they had breached their duties to the …
Read MoreAFEP-MEDEF has released their second annual report on the application of the French Corporate Governance Code (AFEP-MEDEF Code) by companies in the SBF 120 index. The report highlights an increase from 34% to 40% in the percentage of companies in …
Read MoreCentamin Egypt, the Australian incorporated gold mining company which entered the FTSE 250 index in June 2010, will hold its AGM on 9 November in London. At its 2009 AGM the remuneration report vote was defeated, however shareholders will not …
Read MoreTomorrow’s Company, the UK-based ‘think and do’ tank on successful, sustainable business yesterday launched their latest study “Tomorrow’s Corporate Governance: Bridging the UK Engagement Gap Through Swedish-style Nomination Committees”, at the opening of the ICGN mid-year conference at the Guildhall …
Read MoreFerrier Hodgson, the administrators of ABC Learning (a former constituent of the S&P/ASX 100), are reportedly investigating a A$1bn damages claim against the former directors and the auditors. The administrators are being funded by IMF Australia (a listed company which …
Read MoreA French judge has order seven executives at Vivendi to stand trial over alleged financial wrong doing. The executives include Jean-Marie Messier, Edgar Bronfman Jr and Guillaume Hannezo (former Chief Financial Officer). Reuters has reported that the charges include divulging …
Read MoreThe UK’s High Court has granted an injunction prohibiting the Director of the Serious Fraud Office (SFO) from taking any further steps in its plea bargain settlement with BAE Systems.
SFO has been investigating alleged bribery and corruption in BAE’s …
Read MoreBall Corp, an Indiana-incorporated company, has faced shareholder proposals in four of the past five years (2005, 2006, 2008 and 2009) to declassify its board. In each year, despite board opposition, the proposal received majority support from shareholders voting for …
Read More