Sentence examples for liable to shareholders from inspiring English sources

They feared that if the family continued to delay, or even rejected Murdoch, the directors might be liable to shareholders.

NEW YORK, Dec 13 (Reuters) - U.S. securities laws have their limits and do not justify making UBS AG liable to shareholders for touting its ability to control risk even as it harbored a rogue trader who caused $2.3 billion of losses, a federal judge ruled on Friday.

For example, the court-appointed examiner in the Lehman Brothers bankruptcy case found that while the board might have made lots of mistakes along the way to Chapter 11, they were not liable to shareholder lawsuits for most of their decisions because they were protected by the business judgment rule.

But if the final settlement and legal costs should mount into the billions, it could possibly make both managements liable to shareholder suits.

One lawyer who would speak only if he was not identified, because he represents a company involved in the Enron debacle, said that Deloitte would be liable to Enron shareholders only if Deloitte could be seen as a successor to Andersen's business.

WorldCom and its executives could be liable to WorldCom shareholders who could argue that the executives took a benefit that should have gone to WorldCom.

And when a serious mold problem occurs in a co-op building, she said, the corporation could be deemed to have violated the warranty of habitability, thereby making it liable to the shareholder.

Such an agreement would make Vodafone liable to pay minority shareholders for losing Orange.

It holds banks' executives and directors (and even their controlling shareholders) personally liable to repay the debts of failed banks even where no fault is proven.

In a sign of its intention to wage a hostile battle, it wants a judge to rule that all 13 of Anheuser's directors are liable to removal through a vote by shareholders – including five recently elected board members.

This is liable to produce some very complicated share schemes which shareholders will have to scrutinise closely".