But because few companies will bring a claim against one of their own directors, the law has, over the years, developed a mechanism that allows shareholders to force the company to seek redress. With the permission of the court, shareholders can bring a claim against a director in the name of the company.The claim is initiated and run by shareholders, but it is brought in the companyâs name and to recover the companyâs loss.ith the permission of the court, shareholders can bring a claim against a director in the name of the company. The claim is initiated and run by shareholders, but it is brought in the companyâs name and to recover the companyâs loss.
Hurricane Irene formed from a tropical wave on August 21, 2011 in the tropical Atlantic Ocean. It moved west-northwestward, and within an environment of light wind shear and warm waters. Shortly before becoming a hurricane, Irene struck Puerto Rico as a tropical storm. Thereafter, it steadily strengthened to reach peak winds of 120 mph (195 km/h) on August 24. Irene then gradually weakened and made landfall on the Outer Banks of North Carolina with winds of 85 mph (140 km/h) on August 27.
For other uses, see Tropical Storm Ike. Hurricane Ike (pronounced /ËaÉªk/) was a powerful tropical cyclone that swept through portions of the Greater Antilles and Northern America in September 2008, wreaking havoc on infrastructure and agriculture, particularly in Cuba and Texas. In these places, Ike remains the costliest tropical cyclone on record.