THE GE / JENBACHER CASE Final Paper International Mergers and Acquisitions (0926) Florian Köller 0251208 The purpose of this paper is to discuss the strategic rationale and the possible implications for General Electric (GE) when taking over the Austrian turbine producer Jenbacher. For a better breakdown of the different aspects of this issue the paper is subdivided into the following sections: Business rationale Logistical aspects And legal implications 1. Business
Premium Stock market Stock
gone sour’’. The judge became furious when he had learned that Waseem showed a lack of due diligence as he did not have his small claims court rules. Due diligence is reasonable steps that must be taken in order to satisfy the law. Both parties showed a lack of due diligence that not only caused the judge to become impatient‚ but also went against the litigants favor. This highlights the significance of Due diligence in the court of law. Yet the absences of it show that you are not only wasting the time
Premium Writing Law Judge
discussed concerns related to due diligence for NLHA‚ funding of pension obligations and offsetting controls within the structure of the group. Dartmouth Hitchcock completes an extensive review of potential Affiliate’s considered for membership into the D-H Obligated Group. This includes outstanding debt of the Organization including balances‚ rates‚ call provisions‚ swap agreements and any termination provisions. Once D-H Management has completed their due diligence and determined that an Affiliate
Premium
Arts. 1163‚ 1164‚1166.) 1. To preserve or take care of the thing due with the diligence of a good father of a family DILIGENCE OF A GOOD FATHER OF A FAMILY – ordinary care or that diligence which an average orreasonably prudent person would exercise over hisown property NOTE: Rule on Standard of Care • That which the law requires; or • That stipulated by the parties; or • In the absence of the two‚ diligence of a goodfather of a family 2. To deliver the fruits of the thing
Premium Law Object Core issues in ethics
the lost goods and further argued that‚ being a common carrier‚ and having failed to exercise the extraordinary diligence required of him by the law‚ should be held liable for the value of the undelivered goods. In his Answer‚ private respondent denied that he was a common carrier and argued that he could not be held responsible for the value of the lost goods‚ such loss having been due to force majeure. The trial court find Cendana to be a common carrier but the Court of Appeals reversed the decision
Premium Cargo Legal terms Transport
Rural Bank’s representative that the occupants were merely squatters whose occupation was being tolerated by the Rural Bank. ISSUE: WON the rural bank exercised due diligence as expected of a banking institution HELD: The Rural Bank is a mortgagee in bad faith. Records confirm that the Rural Bank did not exercise the due diligence required of banking and financial institutions before entering into the mortgage contract withLasola. As aptly found by the RTC: [D]efendant Rural Bank was not a
Premium Real estate Ownership Mortgage loan
absolutely pursue legal actions against the auditors. If there was a reckless misrepresentation and lack of due diligence in verifying accuracy of financial information that is free of material misstatements‚ that alone would give me a reason to sue the auditors. B) Negligence as it is used in legal cases involving independence auditor is defined as “failure to conduct an audit with due professional care in the performance of work” C) The primary difference between negligence and fraud is fraud
Premium Auditing Financial audit Audit
Case Critique: Tesco Supermarkets Ltd. v Nattrass [1972] A.C. 153 The Case of Tesco Supermarket Ltd v Natrass is a well-known case based on the Trade Description Act (1968). The case was about a well-known supermarket firm (Tesco Ltd) and a customer‚ Mr. Coane an old pensioner. Tesco had a special offer for the sale of Radian washing powder‚ which was advertised on posters displayed in stores. The normal price of the product was 3s 11d and they were selling it for 2s 11d. Miss Rogers‚ shop assistance
Premium United Kingdom Tesco Law
security managers to verify the confidentiality and integrity of those same information systems in a process in the industry as sub-certification. 13. What is due care? Why should an organization make sure to exercise due care in its usual course of operations? An organisation increases its liability if it refuses to take measures known as due care. Due care has been taken when an organisation makes sure that every employee knows what is
Premium Copyright Intellectual property
of one year‚ after the audit commencement date‚ before a member of the auditing team can begin work in a key position with the client. d) It is not appropriate for auditors to trust executives of a client. AU section 230‚ auditors should exercise “due professional care in the performance of work”‚ hence apply professional skepticism. The auditor should be impartial to the level of management’s honesty and pursue factual evidence to support findings and conclusions. 2. a) The client can be in a more
Premium Auditing Audit Financial audit