Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

class voting

Read a random definition: order absolute

A quick definition of class voting:

Class voting is when different groups of shareholders in a company vote separately on important changes that affect their specific rights and privileges. For example, one group of shareholders may have more voting power when it comes to decisions about dividends, while another group may have more say in decisions about mergers and acquisitions. This helps ensure that each group's interests are represented fairly in the decision-making process.

A more thorough explanation:

Definition: Class voting is a method of shareholder voting where different classes of shares vote separately on fundamental corporate changes that affect the rights and privileges of that class.

For example, if a company has two classes of shares, Class A and Class B, and a proposal is made to change the dividend payout for Class A shares, only the Class A shareholders would vote on that proposal. This ensures that each class of shareholders has a say in decisions that directly affect them.

Class voting is important because it allows shareholders to protect their interests and ensures that decisions are made in a fair and equitable manner.

class-two insured | clausa rebus sic stantibus

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
so just to confirm, date change is not a requirement for umich A?>
JumpySubsequentDolphin
17:30
maybe they date change will come later?
JumpySubsequentDolphin
17:30
when did you go complete
mid sept
1a2b3c4d26z
17:38
Lol I dont think anyone has any idea, I got a date change but was crickets on the last wave
1a2b3c4d26z
17:38
It's a big black box and the best we can do is try our best and forget the rest yaknow
1a2b3c4d26z
17:39
Thx for coming to my ted talk
shaquilleoatmeal
17:40
anyone apply to bu and if so do you have a sub status ??
JumpySubsequentDolphin
17:42
@1a2b3c4d26z: did you pick a color
1a2b3c4d26z
17:43
wdym
1a2b3c4d26z
17:43
OH
1a2b3c4d26z
17:43
Purple
@shaquilleoatmeal: yeah both my status and substatus say application complete
1a2b3c4d26z
17:44
I discreetly asked her which color she liked best when the new ones dropped and she said purple, I just wanted to hear second opinions
shaquilleoatmeal
17:44
@Eminatorcookieeater: same and my sub status was blank yesterday - trying to research what it means
@shaquilleoatmeal: ooo I wonder what that means, hopefully it means we'll hear back soon
shaquilleoatmeal
17:48
It looks like an update to the sub status (it saying complete instead of being blank) means some sort of review has happened - basically a UR2. Seems like those who got a substatus change got a decision a few days after...
shaquilleoatmeal
17:50
slightly helpful! Not much info on the substatus changes for BU though
i don't have a sub status but i was only marked complete like two weeks ago
cause they wanted me to send another transcript
is that wake forest a from last cycle i am so confused
shaquilleoatmeal
17:51
@jackfrost11770: oo interesting - I first went complete 10/25 and now the sub 11/5
shaquilleoatmeal
17:51
wonder if they'll ask for me for more info but can't think of what it would be
17:54
berk…..
shaquilleoatmeal
17:58
what about berk
18:01
i need wave
shaquilleoatmeal
18:04
call them and demand one
@shaquilleoatmeal: did you get double app complete on sub status or just one
LSD+ is ad-free, with DMs, discounts, case briefs & more.