pre-emption


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Related to pre-emption: Pre-emption rights

pre-emption

(prɪˈɛmpʃən)
n
1. (Law) law the purchase of or right to purchase property in advance of or in preference to others
2. (Law) international law the right of a government to intercept and seize for its own purposes goods or property of the subjects of another state while in transit, esp in time of war
[C16: from Medieval Latin praeemptiō, from praeemere to buy beforehand, from emere to buy]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.pre-emption - the judicial principle asserting the supremacy of federal over state legislation on the same subject
judicial doctrine, judicial principle, legal principle - (law) a principle underlying the formulation of jurisprudence
law, jurisprudence - the collection of rules imposed by authority; "civilization presupposes respect for the law"; "the great problem for jurisprudence to allow freedom while enforcing order"
2.pre-emption - the right of a government to seize or appropriate something (as property)
legal right - a right based in law
3.pre-emption - the right to purchase something in advance of others
right - an abstract idea of that which is due to a person or governmental body by law or tradition or nature; "they are endowed by their Creator with certain unalienable Rights"; "Certain rights can never be granted to the government but must be kept in the hands of the people"- Eleanor Roosevelt; "a right is not something that somebody gives you; it is something that nobody can take away"
preemptive right - the right granting to shareholders the first opportunity to buy a new issue of stock; provides protection against dilution of the shareholder's ownership interest
subscription right - the right of a shareholder in a company to subscribe to shares of a new issue of common stock before it is offered to the public
4.pre-emption - a prior appropriation of something; "the preemption of bandwidth by commercial interests"
appropriation - a deliberate act of acquisition of something, often without the permission of the owner; "the necessary funds were obtained by the government's appropriation of the company's operating unit"; "a person's appropriation of property belonging to another is dishonest"
Translations

pre-emption

[priːˈempʃən] N
1. (Mil) → prevención f, anticipación f
2. (Jur) → derecho m preferencial (de compra)

pre-emption

[priˈɛmpʃən] preemption (US) n (= anticipation) → anticipation f

pre-emption

nZuvorkommen nt
References in periodicals archive ?
In the event of dispute on the price, such share shall be assessed by one or more experts with technical and financial experience in the subject matter of the share, as nominated by the competent authority on demand by the applicant for pre-emption and at his expenses.
0.5 per cent of the total number of issued and outstanding ordinary shares of the Company and will be placed, in whole or in part, to JSC Polyus Krasnoyarsk (Polyus Krasnoyarsk), a wholly-owned subsidiary of the Company, as the sole participant of the Closed Subscription, subject to the Pre-emption Rights, as described below.
Additionally, 21% of shareholders voted against giving directors the authority to disapply pre-emption rights.
The AGM also resolved that the board of directors was authorised to increase the share capital by up to DKK1,200,000,000 by contribution in kind without pre-emption right for the existing shareholders and the board of directors was further authorised to increase the share capital by up to DKK400,000,000 by cash contribution without pre-emption right for the existing shareholders.
The acquisition is subject to government approval and the waiver of partner pre-emption rights, Tethys Oil said in a statement posted on its website.
The total sales price of the transaction, which is conditioned on the government receiving funding approval from the Timor-Leste Council of Ministers and National Parliament, as well as regulatory approvals and partner pre-emption rights, is for $350M, prior to customary adjustments.
An estimated additional $600,000 is required to deploy OPTICOM-type signal cycle pre-emption control equipment to those remaining sites.
[U.S.A.], August 3 (ANI): Arnold Schwarzenegger, the Former California Republican Governor, took a jibe at United States President Donald Trump on Thursday, following the decision of repealing California's Clean Air Act pre-emption waiver and lowering the emissions standards for cars.
Some salient features of what a wary (and jittery?) world regards as the 'Bush pre-emption doctrine' would bear recapitulation.
Abbott has called the pre-emption measure a necessary fix to the "patchwork quilt of regulations that dictate driving practices in Texas," arguing that mobile phone usage laws should be uniform across the state for drivers who may be navigating between localities with different sets of rules.
Importantly, pursuant to the CCL the existing shareholders of a public joint stock company do not have pre-emption rights in respect of shares issued pursuant to an ESOP.
Global social changes in the business sector and the aspiration to minimise the risk of disputes when one or more participants decide to withdraw from the ongoing business, encourage for further investigation in this article in order to help to determine whether the current legislature and the case-law of the Supreme Court of Lithuania (hereinafter--SCL) ensure fair business practices and regulate adequately the legal relationships between the shareholders of a private limited liability company (Lith.--uzdaroji akcine bendrove, UAB; hereinafter--UAB), where one of the shareholders wishes by the pre-emption right to acquire the other shareholder's shares, and what legal remedies can be taken where the procedure of the implementation of the pre-emption right is violated.