The Web - a valid proxy for proxy-fight notices?

Article Abstract:

Lawyer Larry Lederman hopes to advance his clients' proxy fight with RJR Nabisco management through a posting he placed on the Web site of NY solicitor Georgeson & Co. Critics of the move say it could draw unnecessary attention from the Securities and Exchange Commission, others call it merely a gimmick, and some predict potential legal complications arising from any e-mail that results. Lederman, representing Bennett S. LeBow and Carl C. Icahn, contends the move shows there is no secret plan, as RJR alleges.

Food & Kindred Products, Food Manufacturing, FOOD AND KINDRED PRODUCTS, Tobacco farms, Tobacco Farming, Tobacco NEC, Management, Usage, Innovations, Tobacco, World Wide Web, Nabisco Group Holdings Corp., Proxy, RN

---

Saudis, Kuwaitis enter maelstrom in Circle K battle

Article Abstract:

Saudi and Kuwaiti royal family members are the sources of financial backing for two competing reorganization plans to be voted on by creditors of the bankrupt Circle K Corp. Attorneys for the bondholders' committee are trying to get additional information on these royal family members; Ali Khalifa al-Sabah has been accused of misdealings during his tenure as Kuwait's finance minister between 1983 and 1991 and Prince Turki's claim to be a member of the Saudi Arabian royal family may be a lie.

Grocery stores, Gasoline service stations, Finance, Bankruptcy reorganizations, Bankruptcy reorganization, Circle K Corp.

---

Pension managers speaking up: institutional investors ready for role in class action securities suits

Article Abstract:

Pension managers are uniting to study their potential roles in securities class actions suits. Pension trusts and other institutional investors that own huge amounts of stock have often stayed out of such matters. Class actions, however, can often drive down the value of a stock that an institutional investor has purchased for the long haul. Most institutional investors appear to be concerned about unwarranted class actions that unfairly lower the value of their portfolios.

Cases, Pension funds, Securities law, Institutional investments

Similar abstracts:

• Abstracts: Out of loss, a lesson for living; staking out personal time in a profession driven by billable hours is key. Hurry up and wait; crowded courtroom dockets are burdening everyone
• Abstracts: Control, responsibility, and abdication: a dilemma of securities regulation. An analysis and recommendation for prestigious underwriter participation in IPOs
• Abstracts: Postal agents stamped by scandal; undertrained inspectors and their rogue informants help convict innocent workers
• Abstracts: Administrator's arrest in slaying shakes up a California campus
• Abstracts: Bias cases strike at treaty shielding foreign business: the 5th Circuit rebuffs effort to pierce immunity from bias suits that Japanese-owned U.S. businesses enjoy

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.