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Company Law; Preference Shares and Winding-Up Orders
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Economic Articles research papers
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This 10 page paper looks at to case studies covering English company law. The first case concerns preference shareholders who are in dispute with directors that also own 80% of the company’s ordinary shares. The directors want to change the rights associated with the preference shares without the consent of the preference shareholders and are also threatening to try and cancel the shares or to issue sufficient additional preference share to render the existing shareholders impotent. The paper advises the preference shareholders. The second part of the paper looks at a company that has gone into liquidation with a floating charge and having sold properties below market value in the recent past. The paper looks at the debt and at the way fraud and incompetence may be examined. The bibliography cites 10 sources.
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Pages:
10
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Filename:TS14_TEbankprefshare.rtf |
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Paper Title:
Company Law; Preference Shares and Winding-Up Orders
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