![]() | Banking on Corporate: Corporate redemption song |
July-1-2020
Lawyer | Neill May |
Summary
Excerpt from "Banking on Corporate: Corporate redemption song", Neill May, Canadian Lawyer
REDEMPTION HAS MANY different meanings depending on context. In a theological context, it can mean expiation or liberation from sin or from exile. For Bob Marley, it meant emancipation and aspiration for freedom. And, in corporate law, it means repurchase of stock, by far the sexiest of these three and another reason to wonder about personal choices to spend a lot of time reading corporate statutes.