The Merger of Allianz Group and Dresdner Bank 1. Introduction In our days mergers and acquisitions are a predominant feature of the international business system as companies attempt to exploit new market opportunities and to strengthen their market positions. Each year sets a new record for the total value of mergers and acquisitions and nearly every day new announcements are made in the business newspapers. In the literature one finds a large number of explanations for the occurrence of
The change of position defence was not specifically recognised as a defence to claims in unjust enrichment in English Law. It has been formally recognised as a defence since the significant decision of the House of Lords in Lipkin Gorman v Karpnale LTD . In this case, the plaintiff, Lipkin Gorman (a firm of solicitors) sought to recover money which had been stolen from them by a partner, and then gambled away with the defendant. The defendant, having already purchased their gambling chips, argued
Enzo Ferrari was born in Modena Italy on February 18 1898. He came from a well to do family that owned a metal foundry making railroad parts, they were the first in his town to own a car. When WWI came Enzo's father and brother (Dino) were drafted into the Italian army, whom both died from influenza in 1916. Enzo was forced to leave school to run the foundry, when the business collapsed he started work as a metalworker at the Modena Fire Brigade workshop in order to support his widowed mother. Enzo
Introduction "Too big to fail" is a cliché cum theory that established that the importance of (financial) institutions relative to the economy. Their significance is so noteworthy and pronounced so much so that the implosion of a ‘too big to fail organisation’ will have a domino effect on the whole economy thereby causing serious and negative consequences. To avoid these negative consequences, once a (financial) organization attains the special status of the Too Big To Fail league, the government
The Recall of Firestone Tires Mission Statement: The Firestone Company is committed to being a good corporate citizen nationally, regionally and especially in the communities where we have manufacturing plants, sales facilities or offices. Our corporate philosophy is to build not just better products, but better communities. Firestone traces their roots to the Firestone Tire and Rubber Company in 1900. Harvey S. Firestone started tire production with twelve employees in Akron, Ohio. In Japan