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...J&J shares closed 4.6 per cent higher on Wednesday in New York....
...But J&J took it a step further, by filing not the whole $350bn company but a contrived subsidiary. The company had said it would pay up to $60bn of liability....
...J&J was valued at $367bn, as of market close in New York on Thursday....
...The bank wants to appoint a manager that’s close to the C-suite, but the over-mighty subjects aren’t going to accept this; they want self-government....
...One paper in this area caught my eye recently, “Standardizing and Unbundling the Sub Rosa DIP Loan”, co-authored by researchers Kenneth Ayotte and Alex Huang of UC Berkeley School of Law....
...Chris Rossbach, a fund manager at J Stern & Co, said it had voted in favour of Disney’s board recommendations....
...It was also the vehicle Berkshire used to buy Pilot Flying J, a truck-stop operator....
...In a chilly hangar in Northern Ireland, Ulster Aviation Society co-founder Ray Burrows surveys painstakingly restored aircraft including a sleek black Sherpa jet, a boxy Short 330 and a Canberra spy plane...
...and that “S&C knew, or was in a position to know, that FTX was co-mingling customer assets”....
...How Combs and Weschler perform is top of mind for shareholders such as Christopher Rossbach, who invests on behalf of the investment management firm J Stern & Co....
...Christopher Rossbach, chief investment officer of Berkshire shareholder J Stern & Co, said the comment by Buffett was “very significant” as it showed “part of the path forward”....
...Taiwan Semiconductor Manufacturing Co and Foxconn are not the only Taiwanese tech companies feeling compelled to expand abroad....
...Typically, these are to either a) pay cash coupons; b) toggle to ‘pay’ bondholders with more debt claims, albeit with some additional penalty (even more debt claims); c) to PIK for a while then switch to...
...Fogelberg joins from Kirkland & Ellis, where she was a partner and worked with C Street founder Jon Henes, a former Kirkland & Ellis partner....
...minority shareholder of Samsung C&T....
...He has previously worked on attempted rescues of the distressed retailers ToysRUs, J C Penney, Barneys, and Macy’s and more recently WeWork, the highly indebted flexible office space provider, which filed...
...How Combs and Weschler are performing, and how they invest, is top of mind for shareholders such as Christopher Rossbach, who invests on behalf of the investment management firm J Stern & Co....
...“Many of the medicines selected for price setting already have significant rebates and discounts due to the robust private market negotiation that [already] occurs,” said Stephen J Ubl, Phrma chief executive...
...Pilot, which also operates the Flying J brand, sells fuel, food and merchandise to truckers and provides showers among other services....
...On Monday J&J shares fell about 4 per cent — or $17bn — of value on fears the talc litigation could continue for years....
...To manage the growing liability, J&J deployed a controversial bankruptcy manoeuvre known as the Texas two-step....
...Joe Gebbia, Airbnb co-founder I have a collection of midcentury modern chairs....
...Janssen is the pharmaceutical division of J&J....
...The cocktail of vitamins B and C, argan and prickly-pear oil will help prevent water loss and itchy dryness during the season of indoor heating and wool sweaters. caudalie.com Assouline The Impossible Collection...
...Christopher Rossbach, chief investment officer of longtime Berkshire shareholder J Stern & Co, said investors would have to wait to see whether the executives who have worked side-by-side with the two men...
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