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Societas Europaea

A societas Europaea is a public company registered in accordance with the corporate law of the European Union, introduced in 2004 with the Council Regulation on the Statute for a European Company. Such a company may more transfer to or merge with companies in other member states; as of April 2018, more than 3,000 registrations have been reported, including the following nine components of the Euro Stoxx 50 stock market index of leading eurozone companies: Airbus, Allianz, BASF, E. ON, Fresenius, LVMH Moët Hennessy Louis Vuitton, SAP, Schneider Electric and Unibail-Rodamco. National law continues to supplement the basic rules in the Regulation on formation and mergers; the European Company Regulation is complemented by an Employee Involvement Directive that sets rules for participation by employees on the company's board of directors. There is a statute allowing European Cooperative Societies; the Statute provides four ways of forming a European limited company: By merger of national companies from different member states By the creation of a joint venture between companies in different member states By the creation of an SE subsidiary of a national company By the conversion of a national company into an SEFormation by merger is available only to public limited companies from different member states.

Formation of an SE holding company is available to public and private limited companies with their registered offices in different member states or having subsidiaries or branches in member states other than that of their registered office. Formation of a joint subsidiary is available under the same circumstances to any legal entities governed by public or private law; the SE must have a minimum subscribed capital of €120,000 as per article 4 of the directive, subject to the provision that where a member state requires a larger capital for companies exercising certain types of activities, the same requirement will apply to an SE with its registered office in that member state. The registered office of the SE designated in the statutes must be the place where it has its central administration, to say its true centre of operations; the SE may transfer its registered office within the European Economic Area without dissolving the company in one member state in order to form a new one in another member state.

The order of precedence of the laws applicable to the SE is clarified. The registration and completion of the liquidation of an SE must be disclosed for information purposes in the Official Journal of the European Communities; every SE must be registered in the State where it has its registered office, in a register designated by the law of that State. The Statutes of the SE must provide as governing bodies the general meeting of shareholders and either a management board and a supervisory board or an administrative board. Under the two-tier system the SE is managed by a management board; the member or members of the management board have the power to represent the company in dealings with third parties and in legal proceedings. They are removed by the supervisory board. No person may be a member of both the management board and the supervisory board of the same company at the same time, but the supervisory board may appoint one of its members to exercise the functions of a member of the management board in the event of absence through holidays.

During such a period the function of the person concerned as a member of the supervisory board shall be suspended. Under the single-tier system, the SE is managed by an administrative board; the member or members of the administrative board have the power to represent the company in dealings with third parties and in legal proceedings. Under the single-tier system the administrative board may delegate the power of management to one or more of its members; the following operations require the authorization of the supervisory board or the deliberation of the administrative board: any investment project requiring an amount more than the percentage of subscribed capital the conclusion of supply and performance contracts where the total turnover provided for therein is more than the percentage of turnover for the previous financial year the raising or granting of loans, the issue of debt securities and the assumption of liabilities of a third party or suretyship for a third party where the total money value in each case is more than the percentage of subscribed capital the setting-up, disposal or closing down of undertakings, businesses or parts of businesses where the purchase price or disposal proceeds account for more than the percentage of subscribed capital the percentage referred to above is to be determined by the Statutes of the SE.

It may not be less than 5% nor more than 25%. The SE must draw up annual accounts comprising the balance sheet, the profit and loss account, the notes to the accounts, an annual report giving a fair view of the company's business and of its position. In tax matters, the SE is treated the same as any other multinational, i.e. it is subject to the tax regime of the national legislation applicable to the company and its subsidiaries. SEs are subject to taxes and charges in all

Chop Shop Records

Chop Shop Records is a record label under partnership with Republic Records, headquartered in South Pasadena, California. The label was founded by Alexandra Patsavas, who founded Chop Shop Music Supervision, which works with soundtracks on TV shows including Roswell, Boston Public, Grey's Anatomy, Gossip Girl, The O. C. and Chuck, as well as the Twilight series. John Rubeli, a former Atlantic Records vice president, is label manager; the label works with indie rock bands that are unsigned or signed with small labels. The Republic Tigers Scars on 45 Mackintosh Braun Milo Greene Anya Marina Marina And The Diamonds The Little Ones Odessa Alexandra Patsavas is the music supervisor and soundtrack producer for the films in the Twilight series: Twilight, New Moon, Breaking Dawn – Part 1 and Breaking Dawn - Part 2. All five soundtracks were released on Chop Shop. Official website

Yatala (clipper ship)

Yatala, 1,127 tons, was a clipper ship built in 1865 for the Orient Line. She traded to South Australia from London for seven years until she was wrecked on 27 March 1872, near Cape Grisnez, France; until the advent of Torrens, she was arguably the fastest on the route. Her only master was Captain John Legoe of Celestial and The Murray; the clipper ship Yatala, a composite ship of 1,127 tons, length 215 feet, breadth 35 feet, depth 21.3 feet was built by Thomas Bilbe of Aberdeen in 1865, for Thompson & Anderson's Orient Line of clippers. On the eve of departure of Yatala for England after her second voyage to Port Adelaide it became evident that City of Adelaide, a similar though somewhat smaller vessel, was to leave on the same day, would most make a race out of it. Crowds of spectators made their way to Port Adelaide. Yatala got away at 6 a.m. on 27 December 1866 but City of Adelaide was delayed some five hours due to some oversight. The pair were evenly matched, at the Cape of Good Hope the difference had was only three hours, but the larger Yatala reached The Downs a day ahead of City of Adelaide which lost a further day getting to the docks.

This was David Bruce's last voyage in command of City of Adelaide. On 18 December 1871, Yatala left Port Adelaide in company with the Elder Line clipper Beltana, which she beat to Cape Horn by a day. Beltana arrived in London safely after a tedious light weather run from the line, but Yatala ran ashore near Cape Gris Nez shortly after midnight on 27 March 1872, when in sight of home, it seems that in the heavy weather that prevailed at the time Captain Legoe mistook the Cape Grisnez light for that of Beachy Head on the other side of the Channel. There were the passengers sheltering at the nearby town of Audresselles. Much of the valuable cargo was saved, but the ship subsequently broke up and was lost; the Board of Enquiry found Captain Legoe responsible but in view of his long and faultless service and high character, was given the light sentence of six months suspension of his certificate. Legoe supervised the construction of Hesperus at Greenock, completed 1873, as a replacement for Yatala, subsequently serving as her master and commander.

Yatala was the name of The South African Government schooner, built in Port Adelaide, in which Captain Edward Dowsett in 1852 discovered and named Port Augusta. A steam tug A ketch built at Port Adelaide by the well-known shipbuilder Alexander McFarlane around 1890. Coonatto Goolwa Orient Rodney St Vincent South Australian