article thumbnail

Derivative Claim Against Shell’s Board by Climate-Change Activist Shareholder is Refused Permission to Proceed

Cleary M&A and Corporate Governance Watch

Section 260 of the UK Companies Act 2006 (the “CA 2006”) permits a shareholder to bring a claim on behalf of the company against its directors in respect of certain causes of action, including breach of the directors’ duty of care towards the company. 172 of CA 2006); and the duty to exercise reasonable care, skill and diligence (s.174

IT 52
article thumbnail

People Moves Monday: Northern Trust, Lloyds Bank North America and more…

The TRADE

He originally joined the bank in 2006 in a securities lending role. Beckmann joined Pictet Asset Management from Bloomberg, where she most recently served as a professional services sales account manager. Pictet Asset Management appointed Jade Beckmann as an equity trader.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

$2 Billion Purchase Price Dispute Over GAAP Compliance Highlights Need for Careful Drafting

Cooley M&A

December 5, 2016) illustrates the potentially significant consequences – to the tune of about $2 billion – of a disputed net working capital adjustment where the parties disagreed over whether the closing statements were prepared in accordance with generally accepted accounting principles, or GAAP. Instrumentarioum (Del. MidOcean (Del.

article thumbnail

Invoice Payment Terms: Benefits & Best Practices

Razorpay

MSME Act Payments to Micro and Small Enterprises must be made within 45 days from the invoice date as per the MSME Act, 2006. Bank & Payment Details: Bank Name: HDFC Bank Account Name: ABC Solutions Pvt. UPI (Unified Payments Interface) Digital payment via UPI apps such as Google Pay, PhonePe, or Paytm. Late Payment Interest: 1.5%

article thumbnail

How To Leverage SEG’s SaaS Index™ Tool

Software Equity Group

In 2006, we created the SEG SaaS Index , a basket of public SaaS companies, in order to better track the performance of the industry. IT management provides accountability for hardware, software, and crucial information. Used by accounting and finance departments.

article thumbnail

How To Analyze Your Business with SEG’s SaaS Index™ Tool

Software Equity Group

In 2006, we created the SEG SaaS Index , a basket of public SaaS companies, in order to better track the performance of the industry. IT management provides accountability for hardware, software, and crucial information. Used by accounting and finance departments.

article thumbnail

UK Government plans new one-stop-shop for research as it paves way for removing unbundling rules

The TRADE

AFME notes that similar themes are being addressed in ongoing discussions by other policymakers, and it is important for the respective UK initiatives to take account of developments in other jurisdictions such as the US and EU.”