It "draws the attention of the local press, is more substantive than adoption of a precatory
resolution of censure or disapproval, and presents little economic risk to the jurisdiction.
Two reasons for this counterintuitive conclusion are given: (1) Imprecise statements should not be accepted "because if an error occurs it should be made on the side of life"; and (2) even if such precatory
statements are clear, "there always exists the possibility that, despite his or her clear expression in the past, the patient has since changed his or her mind.
At the Company's annual meeting on September 28, 2010, shareholders defeated a precatory
proposal that sought to raise the Rights Plan threshold from 20% to 30%.
We are looking forward to the upcoming annual meeting, where stockholders will have an opportunity to vote on our precatory
proposal and send a message to the board that PayPal should be separated from eBay NOW .
39) The provision of FAPE is an entitlement, not merely a precatory
78) Further, whenever shareholders pass a resolution, it is usually a precatory
(non-binding) one, and deference is still afforded to management under the business judgment rule.
using "mandatory, rather than precatory
It is also time, as Vice Chancellor Strine urges, to bring a long overdue halt to today's precatory
(non-binding) proposal process, and to replace it with a form of bylaw which would have a binding effect on the firm.
12) A dozen boards witnessed holders of more than half of their companies' shares support the precatory
Additionally, guidelines that are merely precatory
might still maintain the presence of sufficiently strong incentives for the prosecutor to pursue most vigilantly those who are least able to defend themselves.
Shareholders have been making increasing use of both state and federal authority to advance measures influencing corporation governance, both through actual changes to the bylaws or certificates of incorporation and through precatory
Riggio's perspective on Barnes & Noble's growth opportunities, the strategic review process, and the precatory
shareholder proposal submitted by Ronald Burkle's investment vehicle, The Yucaipa Companies, to amend the Company's Shareholder Rights Plan.