Dispute resolution provisions: a material reduction in shareholder rights? | Practical Law

Dispute resolution provisions: a material reduction in shareholder rights? | Practical Law

The National Association of Pension Funds (NAPF) and the Association of British Insurers (ABI) have indicated their concern about the introduction or maintenance of certain dispute resolution provisions in articles of association of publicly traded companies. However, the position of the NAPF and the ABI is potentially controversial, and is not necessarily substantiated when the empirical record is examined.

Dispute resolution provisions: a material reduction in shareholder rights?

Practical Law Legal Update 9-385-9895 (Approx. 5 pages)

Dispute resolution provisions: a material reduction in shareholder rights?

by Lawson Jepps, Dechert LLP
Published on 24 Apr 2009United Kingdom
The National Association of Pension Funds (NAPF) and the Association of British Insurers (ABI) have indicated their concern about the introduction or maintenance of certain dispute resolution provisions in articles of association of publicly traded companies. However, the position of the NAPF and the ABI is potentially controversial, and is not necessarily substantiated when the empirical record is examined.