Parking violation

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Parking violation

Often used in risk arbitrage. Illegal holding of stock by a third party, or the financing of such a stock, in which the third party's sole reason for holding the stock is to conceal ownership or control of a raider, thus sidestepping the Williams Act requirements of 5% holding limits. See: Rule 13d.

Parking Violation

The act of illegally holding or financing stock on behalf of another party with the intent to conceal that party's ownership. Parking violations occur when an investor would otherwise own more that 5% of shares outstanding, which would require him/her to register certain information with the SEC. Parking violations usually occur when a corporate raider wishes to conceal his/her intent to acquire a company and enlists another's help in doing so by asking him/her to hold or finance a certain amount of stock. See also: Williams Act.
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Contract notice: Invitation to submit offers - mobile system for detecting parking violations - direct negotiated procedure with advertising.
District Judge Cathy Seibel, who cited a 2003 case in which the New York Court of Appeals rejected aggravated harassment charges against a woman who left "crude and offensive" messages on a parking violations bureau's answering machine.
This app will help reducing the parking violations in congested parts of town; moreover it will promote a stress-free parking solution," said Abdulla Ali Lootah, deputy chief executive of Vault Investments.
para]]NEW YORK, May 21, 2015 /PRNewswire/ -- New York City issues millions of dollars in parking violations every year.
Muhammad Al-Zahrani, owner of a building where car rental agencies operate, said: "We used to insist on the renting agencies not to park their cars on the pavement or commit any parking violations.
At a time when budgets are being squeezed it makes sense for agencies to collaborate, share footage, and look at areas where one CCTV unit can be used for many different purposes: to monitor flood sites, anti-social behaviour, crime or parking violations.
By enforcement, MoI could reduce the number of traffic accidents," al-Kharji said, adding that the public can do its share by reporting reckless drivers or parking violations via Metrash 2.
This development could mean that Hermes will be required to discontinue the practice of clamping or towing illegally parked cars, leaving it with the option of notifying police in future cases of parking violations, but company spokesmen declined comment as the company had made no decisions as of yet.
The minimum two fines should include penalties for traffic and parking violations.
Bulgaria's Parliament briefly broke off its session on Thursday after several MPs got texts that their cars were clamped for parking violations.
Towery said police officers issue parking violations only when a complaint is lodged, which is rare.
The Department for Transport is considering legal options to abolish the minimum rates for PARKING penalty charges to allow local authorities to lower fines for minor PARKING violations.