Gambotto v WCP Ltd: an economic analysis of alterations to articles and expropriation articles
Article Abstract:
The Australian High Court's decision in Gambotto v. WCP Ltd ignores reasonable economic analyses and legal precedent in favor of an indefensible, deficient decision. The case involved the ability of majority shareholders to change the articles of association in such a way that would expropriate minority shares. Precedent uses a fraud on power test where the court must determine if the corporation or only the majority shareholders benefit from the expropriation. The Court's decision prevents expropriation and will likely herald more judicial intervention into corporate affairs.
Publication Name: Australian Business Law Review
Subject: Law
ISSN: 0310-1053
Year: 1995
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Empowering the provider: a better way to resolve medicare hospital payment disputes
Article Abstract:
The Provider Reimbursement Review Board (PRRB) should be discontinued because it no longer operates efficiently within the context of 1998 Medicare payment systems. PRRB's autonomy has already been eroded, since it no longer controls its staff. Efficiency would be better served if PRRB were eliminated and its alternative dispute resolution functions placed with the Appeals Board of the Dept of Health and Human Services.
Publication Name: Administrative Law Review
Subject: Law
ISSN: 0001-8368
Year: 1997
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