| | Menneskerettigheder - CASE OF LITHGOW AND OTHERS (Site not responding. Last check: 2007-11-06) |
 | | Yarrow Shipbuilders had subsequently incurred losses and in 1971 Yarrow had repurchased the shareholding for £1, a loan of £4,500,000 having been negotiated from the Ministry of Defence to replace working capital eroded by the losses. |
 | | Yarrow has submitted a valuation report prepared by a firm of chartered accountants, according to which a fair value for Yarrow Shipbuilders as at Vesting Day was £16,000,000. |
 | | They also took the view that Yarrow Shipbuilders could not be valued on the normal criteria of earnings, dividend yield or asset backing, and noted that the stringent dividend restrictions "affected the standing and worth" of both the subsidiary and the parent. |
| www.menneskeret.dk /menneskeretieuropa/konventionen/baggrund/domme/ref00000111 (14885 words) |