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Ease the Squeeze provides solutions to lead you to a financially free life and helps you develop purposeful plans for getting out of debt, saving, setting up a budget, giving, seizing back control of your time, your plans, your relationships, your finances and more.
The 'fair' squeeze-out compensation by Markus Dollinger Pdf
Inhaltsangabe:Abstract: This diploma thesis analyses squeeze-outs a deal where a controlling shareholder has the right to buy out minority shareholders at a fair compensation. As expected, the term fair can have very different meanings depending on who you ask. On the one hand, minority shareholders often argue perceiving the squeeze-out as a legal expropriation and accordingly demand a significant squeeze-out premium. On the other hand, controlling shareholders have the clear and simple intention to pay as little as possible when acquiring the remaining stake in the company. Even law, often seen as the last resort, leaves out a clear and definite description of the expression fair why the squeeze-out compensation turned out to be the crucial point in almost all past squeeze-out processes. Squeeze-outs, in the US called freeze-outs , usually follow a public tender offer where a shareholder has acquired the necessary shareholding (e.g. 90 percent) and consequently obtained the right to exclude the remaining minority shareholders by paying an adequate compensation. In this context the squeeze-out rule, providing the legal framework, has the intention to make public takeovers more attractive. However, in the recent years, more and more minority shareholders executed their own right to challenge the proposed fair squeeze-out compensation in court with the objective to improve the value of the initial squeeze-out offer. For example, minority shareholders of the German Hamburg-Mannheimer AG that protested against the squeeze-out resolution and requested a judicial appraisal of majority shareholder s initially proposed fair squeeze-out compensation in June 2002 could, after a costly lawsuit that lasted two years, finally more than double the amount offered under the terms of majority shareholder s original squeeze-out proposal. Hence, squeeze-outs under prevailing German as well as Austrian law are often seen as a free call option with exercise price equal to majority shareholder s initially proposed fair squeeze-out compensation. This option is almost for free since the court costs due to the appraisal are covered by the majority shareholder and minority shareholders only have to pay for their own lawyer. Moreover, prevailing opinion assumes that the judicial appraisal can t result in a decrease of majority shareholder s initially proposed fair squeeze-out compensation. Motivated by these lucrative facts, the objective of this paper is [...]
“If you could use some wild escapism right now, Hiaasen is your guy.” —Janet Maslin, The New York Times From the author of Skinny Dip and Razor Girl, a hilarious, New York Times best-selling novel of social and political intrigues, set against the glittering backdrop of Florida’s gold coast. It's the height of the Palm Beach charity ball season: for every disease or cause, there's a reason for the local luminaries to eat (minimally), drink (maximally), and be seen. But when a prominent high-society dowager suddenly vanishes during a swank gala, and is later found dead in a concrete grave, panic and chaos erupt. Kiki Pew was notable not just for her wealth and her jewels--she was an ardent fan of the Winter White House resident just down the road, and a founding member of the POTUSSIES, a group of women dedicated to supporting their President. Never one to miss an opportunity to play to his base, the President immediately declares that Kiki was the victim of rampaging immigrant hordes. This, it turns out, is far from the truth. The truth might just lie in the middle of the highway, where a bizarre discovery brings the First Lady's motorcade to a grinding halt (followed by some grinding between the First Lady and a love-struck Secret Service agent). Enter Angie Armstrong, wildlife wrangler extraordinaire, who arrives at her own conclusions after she is summoned to the posh island to deal with a mysterious and impolite influx of huge, hungry pythons . . . Carl Hiaasen can brighten even the darkest of days and Squeeze Me is pure, unadulterated Hiaasen. Irreverent, ingenious, and highly entertaining, Squeeze Me perfectly captures the absurdity of our times.
Margin Squeeze in the Electronic Communications Sector by Anna Renata Pisarkiewicz Pdf
Margin squeeze is a form of abuse of a dominant position in which a vertically integrated company reduces the margin between the price charged to competitors and the price charged to consumers, which can have the effect of excluding a competitor from the market. In the decade or so since the liberalisation of network industries, margin squeeze has become a major source of concern among competition authorities and courts, particularly pronounced in the electronic communications sector. Because some of the adopted decisions show significant inconsistencies in approach, and legal certainty remains elusive in this area, this book which provides an extremely thorough analysis is both timely and of great practical value. The author provides an in-depth examination of margin squeeze allegations in the electronic communications sector with a view to developing a more advanced and comprehensive analysis of principles which should guide ex post assessment of margin squeeze. Issues and topics covered include: – scope of intervention in margin squeeze cases both for national regulatory and national competition authorities; – conditions for sanctioning margin squeeze under Article 102; – methodological and practical difficulties in identifying a margin squeeze; – methodology employed in margin squeeze cases and its regulatory aspects; – assessment of the ability and incentives of regulated firms to engage in a margin squeeze; and – situations when competition law is used to address the deficits of regulation and regulatory failures. It also includes a critical comparison of the vertical foreclosure analysis undertaken in margin squeeze cases with the approach adopted in the EU Non-Horizontal Merger Guidelines. Throughout the analysis, margin squeeze treatment in the European Union and its Member States is examined in light of the diverging approach adopted by the US Supreme Court. The increasing complexity of the electronic communications market can only further confound an already complex assessment of price squeezes, and one can expect that claims of anticompetitive margin squeeze in liberalised network industries will continue to be high on the enforcement agenda of competition authorities for years to come. In light of the need for a coherent, or at least predictable, sentencing policy to provide relative legal certainty, the research in this book proves invaluable. The analysis and conclusions discussed in this book will be welcomed by policymakers, regulators, and lawyers working in the areas of competition law and electronic communications law.
As wages stagnate but living costs keep rising, the pressure on working people grows more intense. The issue of living standards has become one of the most urgent challenges for politicians in both Britain and America. 'The squeezed middle' brings together experts from both sides of the Atlantic to ask what the UK can learn from the US. American workers have not benefited from growth for an entire generation - the average American worker earned no more in 2009 than in 1975. Now British workers are undergoing a similar experience. No longer can they assume that when the economy grows their wages will grow with it. This collection brings together for the first time leading economic and policy thinkers to analyse the impact of different policies on those on low-to middle incomes and to explain what lessons the UK can learn from America's 'lost generation'. This timely book is essential reading for everyone concerned about the living standards crisis, an issue which could decide elections as well as shaping the future for millions of working families.
When you could neither talk nor stand life’s hourglass still filled with sand, I gently held your tiny hand and gave it three soft squeezes. When you awoke within the night And cried from fear and called for light, I held you safe with all my might and gave you three long squeezes. Follow a father and his son from babyhood to baseball games to graduation and beyond in this loving saga about the unbreakable bond between generations. A perfect gift, Three Squeezes is a tender, rhyming picture book that is an ode to the love between parent and child, no matter how old the child (or) parent is.