A term used in Europe to refer to a specific portion of the corporation act (called the Companies Act in Europe). This portion of the act indicates that a specific resolution must be passed before a company being bought out can provide financial assistance to the company which is buying it out. This is to prevent companies from taking advantage of the companies they are buying out.
Related information about whitewash resolution:
- Whitewash Resolution Definition | Investopedia
A European term used in conjunction with the Companies Act Of 1985, which refers to a resolution that must be passed before a target company in a buyout ...
- Whitewash waiver - Wikipedia, the free encyclopedia
Whitewash Resolution is a proposed resolution for the waiver of rights of independent shareholders to receive a mandatory takeover from the investor and its ...
- What is whitewash resolution? definition and meaning
Definition of whitewash resolution: A term used in Europe to refer to a specific portion of the corporation act (called the Companies Act in Europe). This portion of ...
- Whitewash Resolution | Whitewash Resolution Definition | What is ...
Whitewash Resolution. A resolution that has to be agreed upon and passed before a company can be given financial assistance of any kind. The European term ...
- Whitewash Resolution - Starhill Global Reit
Jul 23, 2012 ... In connection with the Whitewash Resolution, the disclosures required ... the Unitholders approved a whitewash resolution waiving their rights ...
- Proposed Acquisition And Rights Issue - Koon Holdings Limited
Aug 22, 2012 ... resolution (the "Whitewash Resolution") to waive their rights to receive a ... (b) the Whitewash Resolution is separate from other resolutions; ...
- Extraordinary General Court presentation - Bank of Ireland
Sep 9, 2011 ... Impact of Whitewash Resolution on the. Bank's Share Register. 6. Today. Scenario 1 –. Resolution Approved1. 1 Both Scenarios 1 and 2 above ...
- REGIONAL UPDATE – Singapore: Loo & Partners
Nov 4, 2009... a whitewash resolution to waive the mandatory takeover obligation imposed by The Singapore Code on Take-overs and Mergers, change of ...