Menu
Forums
New posts
Search forums
What's new
New posts
Latest activity
Log in
Register
What's new
Search
Search
Search titles and first posts only
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Help Support The Rugby Forum :
Forums
Rugby Union
Premiership Rugby / Premiership Cup
Leicester Tigers Thread
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Tony Manx" data-source="post: 736798" data-attributes="member: 50236"><p>So it gives him total shareholder control as the resultant shareholding would be above the 75% requirement to do virtually what he wants! </p><p></p><p>The remaining shareholders have virtually no rights other than under oppression of minorities legislation which is a tortuous process!!</p><p></p><p>Whether it is good depends on the price paid. Also whether it is a subscription for shares whereby all his money goes into the company as share capital rather than part shares and part loan. The latter part would be capable of repayment.</p><p></p><p>As always the devil is in the details.</p></blockquote><p></p>
[QUOTE="Tony Manx, post: 736798, member: 50236"] So it gives him total shareholder control as the resultant shareholding would be above the 75% requirement to do virtually what he wants! The remaining shareholders have virtually no rights other than under oppression of minorities legislation which is a tortuous process!! Whether it is good depends on the price paid. Also whether it is a subscription for shares whereby all his money goes into the company as share capital rather than part shares and part loan. The latter part would be capable of repayment. As always the devil is in the details. [/QUOTE]
Verification
Post reply
Forums
Rugby Union
Premiership Rugby / Premiership Cup
Leicester Tigers Thread
Top