Proxy Season 2009 – A Year to Remember?

Manifest cordially invites you to you our end of season colloquium in Paris on September 9th 2009.

Please join us for an afternoon of informative analysis and lively debate in the graceful surroundings of the British Ambassador’s Residence in the heart of Paris –  just a short train ride from central London and all leading European financial centres.

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MBO governance – how not to do it

Management buy-outs remain a key area of governance concern; the protection of the minority shareholders is of vital importance and constant vigilance is called for. Companies  with a controlling shareholder in particular require an ever greater level of attention, especially when it comes to scrutinising related party transactions and remuneration paid to the directors. Unfortunately, these will be areas where they have More…

Northern Rock shareholders fight on

Northern Rock’s former shareholders have lost their bid for a judicial review of the nationalisation compensation scheme but have vowed to press their claims in the the House of Lords and, potentially, the European Court of Human Rights.  The House of Lords appeal could be heard in summer 2010 but  an appeal to the European Court could take between one and More…

ASIC pushes for disqualifications for former James Hardie directors

Australia’s Business Day has reported that The Australian Securities and Investments Commission (‘ASIC’) wants seven former non-executive directors and three former executives  at James Hardie banned from company directorships for at least five years each and fined a total of $2.8 million to $3.4 million.

Justice Ian Gzell began hearing submissions More…

Combined Code Review: FRC issues progress report

The UK’s corporate governance regulator, the Financial Reporting Council (FRC) has today published a progress report on its review of the Combined Code on Corporate Governance, which it kicked off in March 2009.

The report summarises the results of the consultations and research that the FRC has carried out to date and invites views on various aspects of More…