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翻訳と辞書　辞書検索 [ 開発暫定版 ] スポンサード リンク Howard Smith Ltd v Ampol Petroleum Ltd ： ウィキペディア英語版 Howard Smith Ltd v Ampol Petroleum Ltd ''Howard Smith Ltd v Ampol Petroleum Ltd'' () (UKPC 3 ) is a leading UK company law case, concerning the duty of directors to act only for "proper purposes". This duty has been codified into the Companies Act 2006 section 171, and arises particularly in cases involving takeover bids. ==Facts== RW Millers was embroiled in a hostile takeover bid, by a large petrol company called Ampol. Ampol already controlled (with an associated company) 55% of the shares. The directors did not want Ampol to buy the shares of RW Millers as Howard Smith had bettered terms for take over by offering employment to the directors even in the future. So the directors of RW Millers issued $10m of new shares. They said it was to finance the completion of two tankers. The shares were given to Howard Smith Ltd who were going to take over RW Millers, and that blocked Ampol’s rival bid. Without the issue, Howard Smith Ltd had no hope of succeeding in taking over the company. But with the new issue, Ampol could not complete its acquisition. Street J said that the argument of the directors that the tanker purchase was the dominant purpose was ‘unreal and unconvincing’. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Howard Smith Ltd v Ampol Petroleum Ltd」の詳細全文を読む スポンサード リンク 翻訳と辞書 : 翻訳のためのインターネットリソース Copyright(C) kotoba.ne.jp 1997-2016. All Rights Reserved.