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Shareholders in this closely held corporation sued the directors (derivative action) asserting that the directors made wasteful employment agreements and retroactively approved financing on preferential terms to themselves to the detriment of the corporation and the shareholders.
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"This problem arises partly because the taxpayer is lending the money upfront, on preferential terms, and we expect that one-third of the loans will never be recovered.
The number one business concern is failure to agree a trade deal on preferential terms with the UK's largest market for goods and services.
This is especially appropriate where such access was granted on preferential terms.
It could favour its subsidiaries by selling them gas on preferential terms.
Many of these sub-sectors are shielded from takeover or allowed to compete on preferential terms.
Terra Lycos will also get access to Bertelsmann's content on preferential terms.
Occasionally, she discovers that clients have embarked on sham divorces, in order to buy property on preferential terms that are available only to unmarried people.
"SBC is providing D.S.L. to Pacific Bell Internet on preferential terms and discriminating against" the Internet service providers, said Andrew Ulmer, a lawyer representing the association.
Instead Malone allowed BSkyB to obtain the rights and then signed a deal to distribute Sky Sports over the Telewest networks on preferential terms.
The entire board of Barclays has gone for a vote of approval this year after angering their shareholders by inviting in Middle Eastern investors on preferential terms.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com