Should the chief executive of a public company know whether his employment contract had received shareholder approval under Section 188 of the Companies Act (2006)? Yes, according to the opinion of Lodge Hodge, given last week, in Bain v The Rangers Football Club Plc [2011] CSOH 158.Thursday, 29 September 2011
UK: Scotland: shareholder approval of directors' long-term service agreements
Should the chief executive of a public company know whether his employment contract had received shareholder approval under Section 188 of the Companies Act (2006)? Yes, according to the opinion of Lodge Hodge, given last week, in Bain v The Rangers Football Club Plc [2011] CSOH 158.
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