used to exclude such proposals to have been inconsistent
French translation: en gros :
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10:31 Nov 30, 2006
English to French translations [PRO] Bus/Financial - Law (general)
English term or phrase:used to exclude such proposals to have been inconsistent
"The US Securities and Exchange Commission (SEC) is taking more time to consider the rule which allows shareholders to submit proposals for consideration at company meetings (Rule 14a-8) but also regulates what can be proposed. This follows a challenge by the AFSCME trade union against American International Group (AIG). AIG gained SEC support to exclude a resolution proposing a slate of shareholder-nominated candidates. In September a court of appeal overturned a previous ruling in AIG’s favour and found the SEC’s interpretation of the “ambiguous” rule ***used to exclude such proposals to have been inconsistent***."
J'ai du mal sur la fin de la dernière phrase, merci d'avance