Equity securities

SHAREHOLDER’S EQUITY * Owner’s equity section of a corporation’s statement of financial position; 2 major components – share capital and retained earnings. * SHARE CAPITAL – amount of resources received by a corporation as a result of investment by shareholders, donations or other share capital transactions * RETAINED EARNINGS – amount of capital accumulated and retained through the profitable operations of the business. SHARE CAPITAL * Shares to be subscribed and paid in or secured

The payment of dividends and the issue of shares in return for capital investment are important aspects of company law. As such, there are certain requirements that must be met in order for both shares and dividends to be lawfully issued. These requirements are located within the company’s articles and statute. The Company’s articles “operate as contract between the company and its members” and outline the requirements that the directors must follow in order for a transaction to be lawful. ABC

edu.au 1 Introduction and Learning Objectives In this week we are turning our attention towards the remaining major component of the balance sheet – owners’ equity. Like liabilities, owners’ equity represents another form of financing for a business. At first glance, liabilities (capital provided by creditors) and owners’ equity (capital provided by owners or shareholders) may look very different. As we delve deeper into the topic, however, you will

1. Introduction The aim of this study is to investigate the stock price reaction of FirstEnergy and Allegheny to various merger related announcements. The study will also identify the presence of any run-up abnormal returns prior to the first formal announcement due to potential information leakages, insider trading or rumours. FirstEnergy is an energy company that formed in 1997, as a result of the merger between Ohio Edison and Centerior, which serves a large customer base. FirstEnergy and its

the issue of 206,612 shares of Series A Preferred Stock to the investors, Group One Investment Company (the “Investors”), on the terms and conditions as set forth below: II. TERMS OF FINANCING Amount of Financing…………..………. US$250,000 Securities……………………….………. 206,612 Convertible Cumulative Preference shares

convince him to invest the same amount in convertible debt or preferred stock where he can choose to convert some or all of his investment from debt to equity. He said that he has no interest in “becoming a bank” and wants to share in the financial success that he is funding. At the same time, FF says that convertible debt and preferred equity wouldn’t impose enough discipline on Sunflower management. He likes the strict covenants and close cash flow monitoring that he’s accustomed to in the real

CHANCERY DIVISION WALSH v. LONSDALE [1882 W. 1127.] This is one of the most frequently cited authorities on the effect of the Judicature Acts so far as the fusion of law and equity is concerned. Essentially the question down on whether the defendant could bring a legal remedy (distress) with respect to a lease which formerly would have been regarded as equitable only (effectively an agreement to grant a lease rather than one in proper legal form). Facts:The Defendant on the 29th of May 1879, agreed

the retention, security or the proceeds of the security on trust…”. Parkview, BankWest and Fortia signed a Builder Tripartite Deed. This entitled, but did not actually obligate, BankWest to pay all progress payments certified by Fortia directly to Parkview and to take over the building contract in the case of Fortia defaulting. The building contract allowed for Parkview to obtain payment out of part, or all of, the retention monies on provision of satisfactory alternative security to Fortia. Parkview

MLC707 Commercial and Corporations Law Trimester 3, 2014 Feedback Research Assignment (15%) Points to note:  Students have been shown in class on how to solve a law problem assignment – ie, essay or report format is expected, with clear introduction outlining the legal issues to be discussed at the onset, followed by clear statements of relevant principles and demonstration of how those legal principles are applicable to the given facts.  Some students will merely refer to the principles in Amadio

repayment of US $500,000 at maturity representing $256,800 principal and interest of AUD 243,200. This letter was a sign of acknowledgement of indebtedness by DAL to ECCL rather than a bearer certificate, which was required. It provided Youyang with no security against insolvency of ECCCL. Minters paid ECCCL the