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VIPsight

Corporate Governance – portrayed in the individual cultural and legal framework, from the standpoint of equity capital.

VIPsight is a dynamic photo archive, sorted by nations and dates, by and for those interested in CG from all over the world.

VIPsight offers, every month:
transparent and independent current information / comments / facts and figures on corporate governance locally and internationally,

  • written by local CG experts,
  • selected and structured by the Club of Florence,
  • financed by its initiator VIP and other sponsors with a background of “Equity and Advisory” interests.
     

VIPsight International


Article Index

 

 

ACTIONS CORNER

 

On October 1, E.ON deposited its claims for the three-month nuclear moratorium and for the intermediary dumping of radioactive waste. In 2011, the generating company was forced to shut down its Unterweser and Isar1 nuclear power stations, hence E.ON’s claim for damages against the German government for 380 million Euros of lost profits. Pursuant to the ruling of the Hesse administrative tribunal that confirmed the illicit nature of the RWE moratorium involving the Biblis A and B power stations, E.ON feels optimistic about a similar ruling being applied to its power stations. The moratorium, decided in 2011 by Angela Merkel and the then government was only meant to last three months. In the final analysis, eight of the power stations involved were shut down permanently.

 

Rhön-Klinikum has been authorised to distribute 1.7 thousand million Euros as agreed as revenue from the sales of its clinics to Fresenius and its shareholders. The clinic managers on the one hand and RiebeckBrauerei von 1862 and Rheintèx on the other accepted the compromise deal put forward by the Nuremberg Oberlandesgericht. The case tabled by the company in the Nuremberg tribunal was about the company registers being obliged to enter the decision arrived at during the2014 shareholders’ meeting concerning point 3 on the agenda, namely lowering capital/buying back shares 2014). The compromise deal does not consider the claims for improper ruling tabled by Riebeck-Brauerei and Rheintex against the election of Ludwig Georg Brauncome member of the Supervisory Board.