In the matter of Re MOLOPO ENERGY LTD; MOLOPO ENERGY LTD v KEYBRIDGE CAPITAL LTD‚ an analysis into the division of powers between the members of a company and its board of directors was completed as well as the protection of interests of a company’s creditors. This case touched on these two issues in the context of reduction of capital under section 256B of the Corporations Act (2001). The Facts In this case‚ the Supreme Court of New South Wales found that the power to effect a capital reduction
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The information that is to be provided is given under Schedule 2 of the CCR where point (l) says that‚ “where a right to cancel exists‚ the conditions‚ time limit and procedures for exercising that right in accordance with regulations 27 to 38 are to be provided.” Thus‚ Tina Electronics Europe Ltd. was required to inform Jammie of the conditions under which he can terminate the contract. They were also required to inform him that
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consultant have taken the following assumptions which seem valid: a) Per capita consumption – Keeping the past scenario in mind‚ the estimate of 14.5 meters seems pretty reasonable b) Population growth – The population growth data is taken roughly around 2% per annum which is also reasonable enough c) Decrease in total % share of cellophane owing to new technological developments - With the anticipation of new technology development in this area‚ the demand for cellulose based film is bound to decrease
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Computer Peripherals Description: The computer peripherals industry is rapidly evolving‚ driven by the need to adapt to changes in the market environment and the technological landscape. This has meant that companies today have to be nimble and constantly innovate on their offerings and business models. These present day requirements have already led to Printers and Multi Function Printer (MFP) product companies to offer services around optimizing printing infrastructure‚ printing and imaging
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Contract law The legal issue of the case Deep Blue Pools Ltd is a company that manufactures and installs high-quality swimming pools. It contracted with Gainsborough Construction Ltd to build swimming pools for ten luxury properties. In the contract they specified that the depth of the pools should be 2.4m‚ but after their installation‚ it became clear that each pool was shallower by 25 to 50cm at different points. Deep Blue Pools Ltd received £265‚600 to do the work. However‚ after their installation
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heavy unnecessary investments in working capital that would have a negative effect on company’s profitability. Efforts to improve the working capital efficiency were met with stiff resistance from various quarters‚ but finally yielded results. The case study discusses the measures taken to improve the working capital and cost management performance‚ and how with concerted efforts the management turned around a highly inefficient working capital management into one of the most efficient in the
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Adventure In the middle of May‚ on a bus platform in Boston‚ I looked up at the sky. It was bright blue as if painted by water colors. Meanwhile‚ I had mustered all my courage‚ and my brain was full of adrenaline. With the engine sound of BRRRRRR‚ the adventure started. Adventure. It is an exciting experience in which dangerous or unusual things happen. The meaning also involves a willingness to try new things‚ take risks. Last summer‚ I made a big bold plan‚ taking an Italian summer session at
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The courts enforce a liquidated damages clause even if the final result of a case seem to be not fair for any of the parties. This is because of the set out they have agreed on in a contract. However‚ the courts will not enforce a bargain that leads to a penalty. The liability of proving that a clause is a penalty is dependent on the person trying to deny the liquidated damages application. Therefore‚ there are indicators and teste for a penalty in law. The test for penalty is known as the Dunlop
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respectively‚ showing HWL’s relatively medium dependency on debt . With approximate interest coverage ratio of 4.96 and an A3/A+ credit rating from Moody’s and S&P respectively‚ HWL was considered to have a relatively low default risk. As stated in the case‚ HWL had “drawn on short-and medium-term loan facilities underwritten by banking syndicates for external financing”. Prior to June 1997‚ the longest debt maturity HWL had offered was 9 years including subsidiary loans. Looking at HWL’s long term liabilities
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MBA 620 Managerial Economics Melissa Mitchell Professor: Keith W. Ballantyne Case 2: Revving up for Relief: Harley Davidson at the ITC Harley Davidson is an American build and recognized name; they leaded the way for future entrants. Harley-Davidson strong American brand and have dedicated clients that will continue the motorcycle trend. Based on the information in this case‚ I can’t be reasonably sure that the United States had a comparative advantage in producing motorcycles. If it were‚ then
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